Insights
A new dawn for Chinese quants
China’s quant industry faced a perfect storm of challenges over the past few years due to wild market volatility and tightened regulatory restrictions, leading to significant drop in total AUM and fund closures. The emergence of DeepSeek, created by High Flyer Quant, has reignited confidence in quant strategies and redefined possibilities.
China’s rising quants
China’s onshore quant funds have topped 1 trillion RMB (US$130 billion) in total assets under management since June this year. But what’s even more striking is that these funds have increased their total assets by nearly ten-fold over the past four years. They came under the spotlight recently when a top regulator called attention to the potential risks.