SZ-HK quantitative investment alliance inaugurated in Qianhai

The Qianhai Shenzhen-Hong Kong Quantitative Investment Alliance inaugurated at a forum on Oct. 30.

A forum marking the inauguration of the Qianhai Shenzhen-Hong Kong Quantitative Investment Alliance was held in Qianhai on Oct. 30, attracting the attendance of around 100 financial industry personnel.

The forum was jointly hosted by the Century Securities Co. Ltd and the Qianhai SZ-HK Fund Town Development Co.Ltd. Companies and institutions including the Qianhai Financial Holdings, the Xiamen ITG Group Corp. Ltd., and the Shenzhen Qianhai Financial Association (QFA), have also offered support and professional guidance for the forum.

Lei Zhenfeng, general secretary of QFA, introduces the background and meaning of the establishment of the alliance to the audience.

According to Lei Zhenfeng, general secretary of QFA, the alliance members will drawon the advanced and successful experience of its Hong Kong counterparts and make full use of the financial technology advantage of the Guangdong-Hong Kong-Macao Greater Bay Area to promote a deeper cooperation between Shenzhen and Hong Kong.

Tan Xianrong, deputy general manager of Century Securities, delivers a speech at the forum.

Tan Xianrong, deputy general manager of Century Securities said that the mission of the alliance is to integrate the power of professional financial institutions such as banks, trust companies, and private equities to explore the application of financial technologies in quantitative investment and to cultivate quantitative investment talents.

A quantitative private equity contest also kicked off at the forum, aiming to discover managerial talents of quantitative investment and private equity, as well as promoting the development of the capital market. The contest will last for a whole year starting from Nov. 1.