Hey there, tech-savvy investors! 🌦️🤖
China’s Meteorological Administration (CMA) and Fudan University just rolled out Shangji—China’s first AI model that ties weather patterns to stock moves. 📈
Shangji mixes global reanalyzed weather data with historical trading info from China’s A-share market. The result? Short-term return forecasts that zero in on how sun, rain, wind, and even storms can shake up stock prices.
In tests, Shangji pinpointed weather-sensitive sectors like wind & solar energy, petrochemicals, construction, and agriculture—helping you spot trends before they hit your portfolio. 🌱🔋🏗️
Back-testing across past market cycles showed sustained positive returns, proving its real-world chops for quant strategies.
From helping companies fine-tune climate risk plans to letting banks and insurers manage equity-pledge risks and uncover climate-linked financing, Shangji opens fresh angles for smarter investing. 📊💡
What’s next? The team plans to expand Shangji’s scope to bonds and futures, keeping it updated to sync with fast-moving markets. Stay ahead of the storm (literally and financially)! ⛈️💰
Reference(s):
China unveils first AI model to gauge weather's impact on stock market
cgtn.com
