BEIJING - December 29, 2019 - (Newswire.com)
Artificial intelligence (AI) has been creating waves for the right reasons in this technology-driven era. Traditional AI is created to control automation application but in past decade various applications had begun integrating AI to enhance its efficiency and usability. Significantly, a Chinese investment firm, Fa Xian Xian Ji Investments Co. Ltd (“FXXJ”), and its Chief Investment Advisor Zhang Bao Long, have made a massive breakthrough in modern AI utilization.
Zhang, a Master in Mathematics from Nankai University, hailed the progress as “remarkable”, citing their post-breakthrough revenue increase as a prime example of its success. Zhang boasts 28 years of investment experience in the Chinese markets and has been viewed by many as China’s answer to Warren Buffet.
Zhang, however, denies the hefty title bestowed upon him. He commented, “In China, Buffett is viewed as THE god of investments. So, a successful investor is invariably compared to such a legend, but in reality, my ideologies and methods are fundamentally different from Buffett’s investment philosophies. On the contrary, I relate more to George Soros in terms of how I view investments generally."
The partnership with FXXJ began in 2016 when Zhang chanced upon the Beijing based investment firm's executives at a conference. Zhang was exploring innovations to enhance his proprietary "Bao Long Model" and FXXJ was testing their own trading algorithms and needed a more robust and complex model that can harness the full potential of their AI system. Several meetings later Zhang had joined the Beijing-based firm as Chief Investment Advisor and was tasked with heading their investment research team.
After two years of research and experimentation, FXXJ successfully launched the "Dragon Predictive Analytics" prototype, aptly named after Zhang Bao Long (Long represents Dragon in Mandarin), a set of AI-technology enhanced trading algorithms that can predict the next day's winning trades. It is a personal triumph for Zhang, who has long sought to upgrade his system. In his own words, it is "imperative to keep up with technology, or risk being left behind."
Results have shown that the "Dragon Predictive Analytics" does indeed work. According to FXXJ, the system has displayed uncanny accuracy in its predictions and the company fully intends to take it to the next level. Research and development has already begun on cross-platform trading algorithms that would allow investment coverage.
In other areas, FXXJ are also interested in investing into quantum startups specializing in encryption technology. It is believed that FXXJ will integrate the technology into its data centers to protect its intellectual property.
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Press Release Service by Newswire.com
Original Source: FXXJ Technology Delivers Significant Boost to Zhang Bao Long's Trading Methodology
