https://jasperhk.com/new-blog-2 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742365926275-NP8SJI8XPCQ74RVD1N00/unsplash-image-ljvKJ84BV3o.jpg How AI is Driving an Efficiency Revolution in the Wake of DeepSeek’s Rise https://jasperhk.com/new-blog-2/2025/3/19/jasper-capital-ai-insights-how-ai-is-driving-an-efficiency-revolution-in-the-wake-of-deepseeks-rise monthly 0.5 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/dd523f5c-d420-40eb-bb5a-77bbf3e729cb/3333.png How AI is Driving an Efficiency Revolution in the Wake of DeepSeek’s Rise - Jasper Capital AI Insights | How AI is Driving an Efficiency Revolution in the Wake of DeepSeek’s Rise - Make it stand out SOURCE:Knowledge Distillation: A Survey https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/0f308977-0742-45ae-88f6-53e4e6a5bd72/MOE.png How AI is Driving an Efficiency Revolution in the Wake of DeepSeek’s Rise - Jasper Capital AI Insights | How AI is Driving an Efficiency Revolution in the Wake of DeepSeek’s Rise - Make it stand out Source：OLMoE: Open Mixture-of-Experts Language Models. https://jasperhk.com/new-blog-4 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742367118033-XMZWH5RIGWUYRI9NKU53/unsplash-image-Gz_74MbJ4V8.jpg Identifying Financial Fraud in Corporate Earnings Reports: A Quantitative Perspective https://jasperhk.com/new-blog-4/2025/3/19/identifying-financial-fraud-in-corporate-earnings-reports-a-quantitative-perspective monthly 0.5 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/b9636ed8-574c-4b72-b323-f66a39ab2122/%E5%92%96%E5%95%A1%E8%89%B2%E7%AE%80%E7%BA%A6%E6%89%8B%E7%BB%98%E5%9B%BE%E6%A1%88%E9%A3%8E%E5%92%96%E5%95%A1%E5%B8%82%E9%9B%86%E6%B4%BB%E5%8A%A8%E6%B5%B7%E6%8A%A5%EF%BC%88%E7%AB%96%E7%89%88%EF%BC%89+%2842+x+45+%E5%8E%98%E7%B1%B3%29+%2845+x+45+%E5%8E%98%E7%B1%B3%29.png Identifying Financial Fraud in Corporate Earnings Reports: A Quantitative Perspective - Identifying Financial Fraud in Corporate Earnings Reports: A Quantitative Perspective - Make it stand out image from jasper. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/8d62e945-1c01-4eca-be76-9c3649408e00/1.png Identifying Financial Fraud in Corporate Earnings Reports: A Quantitative Perspective - Identifying Financial Fraud in Corporate Earnings Reports: A Quantitative Perspective - Make it stand out image from jasper. https://jasperhk.com/new-blog-3 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742367496388-NXXWU79UHNNENJ716M0L/unsplash-image-Gz_74MbJ4V8.jpg The Surprise Factor: Identifying and Leveraging Earnings Surprises https://jasperhk.com/new-blog-3/2025/3/19/the-surprise-factor-identifying-and-leveraging-earnings-surprises monthly 0.5 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/06ee1851-539e-4bc6-8659-9db52ccc4df5/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20240509172259.png The Surprise Factor: Identifying and Leveraging Earnings Surprises - The Surprise Factor: Identifying and Leveraging Earnings Surprises - Make it stand out Note: A commonly used surprise factor is SUE (Standardized Unexpected Earnings), representing the deviation between reported earnings and expectations. Generally, the greater the increase, the stronger the stock’s future performance. IC (Information Coefficient) measures the factor's predictive power for returns. Data from Jasper Capital demonstrates SUE's consistent predictive effectiveness in recent years. https://jasperhk.com/multipm-vs-centralized-book-approach-a-clash-of-individual-heroism-and-collective-wisdom daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742368025774-UC7EGVFCH3U3P00F93EF/unsplash-image-lFa9CUJmaJs.jpg Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom https://jasperhk.com/multipm-vs-centralized-book-approach-a-clash-of-individual-heroism-and-collective-wisdom/2025/3/19/multi-pm-vs-centralized-book-approach-a-clash-of-individual-heroism-and-collective-wisdom monthly 0.5 2025-08-21 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/e363a272-e96d-4faa-9a21-01266de98b31/f403c51ec065007731aa58479007e15.png Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Make it stand out SOURCE:JASPER. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/935a1867-921c-43aa-a8f2-7ae0b138ea46/Core+vs.+Multi+PM+Model+Graphic_page-0001.jpg Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Make it stand out SOURCE:JASPER. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/c5184198-9717-49de-a784-195059d3fc8f/%E6%B7%BB%E5%8A%A0%E6%A0%87%E9%A2%98+%285%29.png Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Multi-PM vs. Centralized Book Approach: A Clash of Individual Heroism and Collective Wisdom - Make it stand out SOURCE:JASPER. https://jasperhk.com/new-blog-5 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742368398651-C5CY1IR5O95V13YSDA2H/unsplash-image-ljvKJ84BV3o.jpg Understanding AI and Machine Learning in Quantitative Investment https://jasperhk.com/new-blog-5/2025/3/19/understanding-ai-and-machine-learning-in-quantitative-investment monthly 0.5 2025-08-21 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/521d0459-9bd9-4451-a006-cb76f5b0a057/4.jpg Understanding AI and Machine Learning in Quantitative Investment - Understanding AI and Machine Learning in Quantitative Investment - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/85dfb17a-42f0-4d7a-bc71-b2692d7ada11/1.png Understanding AI and Machine Learning in Quantitative Investment - Understanding AI and Machine Learning in Quantitative Investment - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/b1f2f235-d5e7-4ef6-8d6f-1273e3b8f378/3.png Understanding AI and Machine Learning in Quantitative Investment - Understanding AI and Machine Learning in Quantitative Investment - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/8ed426f1-c5cb-44e3-a370-0b62b44e9209/2.png Understanding AI and Machine Learning in Quantitative Investment - Understanding AI and Machine Learning in Quantitative Investment - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://jasperhk.com/new-blog-70 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742368764680-DTING7J0XAM1K1CASBXS/unsplash-image-Gz_74MbJ4V8.jpg Quantitative Fundamentals: A Niche Path Less Travelled https://jasperhk.com/new-blog-70/2025/3/19/quantitative-fundamentals-a-niche-path-less-travelled monthly 0.5 2025-08-21 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/a62c4e3d-4440-4359-9c40-94fabc3f449e/%E5%88%86%E6%9E%90%E5%B8%88%E5%9B%A0%E5%AD%90%E8%A1%B0%E5%87%8F.png Quantitative Fundamentals: A Niche Path Less Travelled - Quantitative Fundamentals: A Niche Path Less Travelled - Make it stand out Chart 3: Analyst coverage factors have underperformed overall since 2021. Data source: Dongfang Securities. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/84f7e21a-9561-4a3d-b1da-296f09a79841/%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E9%98%BF%E5%B0%94%E6%B3%95.png Quantitative Fundamentals: A Niche Path Less Travelled - Quantitative Fundamentals: A Niche Path Less Travelled - Make it stand out Chart 1: Performance of the stock market, Berkshire Hathaway, and the simulated Buffett-style portfolio. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/2e3af8c9-99ec-4b6e-a1bf-5292b990815e/%E5%A4%A7%E5%B2%A9%E5%88%86%E6%9E%90%E5%B8%88%E5%9B%A0%E5%AD%90%E9%80%89%E8%82%A1%E8%83%BD%E5%8A%9B%E8%A1%A8%E7%8E%B0.png Quantitative Fundamentals: A Niche Path Less Travelled - Quantitative Fundamentals: A Niche Path Less Travelled - Make it stand out Chart 4: The live performance of Jasper’s analyst-related factor, showing consistent predictive value. Data source: Jasper Capital. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/be1c52c5-3c38-47cf-b713-f7faf5f69136/%E5%9F%BA%E6%9C%AC%E9%9D%A2%E5%9B%A2%E9%98%9F_page-0001.jpg Quantitative Fundamentals: A Niche Path Less Travelled - Quantitative Fundamentals: A Niche Path Less Travelled - Make it stand out Chart 2: Jasper’s quantitative fundamentals research team. https://jasperhk.com/new-blog-79 daily 0.75 2025-03-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742370057349-W1O50Z37Z3ZJMMOTS2MZ/unsplash-image-lFa9CUJmaJs.jpg In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity https://jasperhk.com/new-blog-79/2025/3/19/in-a-declining-a-shares-market-market-neutral-strategies-are-the-last-defender-of-liquidity monthly 0.5 2025-08-21 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/9d0c1212-a843-4eed-bf6a-e1e1cbf3f483/%E9%85%8D%E5%9B%BE1.png In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/8b379dc9-282e-4e90-8720-fc7baf5e9fb8/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20240819170640.png In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - Make it stand out Source: Choice Data https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/f68a788e-67be-41d2-91b4-b98a4aa6b4f6/%E9%85%8D%E5%9B%BE2.png In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - In a Declining A-shares Market, Market Neutral Strategies Are the Last Defender of Liquidity - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://jasperhk.com/new-blog-30 daily 0.75 2025-05-29 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1748509610781-DWT0XVMUTKRFSWH0G9LQ/unsplash-image-lECj_ApWuVs.jpg If the Market Repeats Itself— The Barra Model and Quantitative Investing (Part 2) https://jasperhk.com/new-blog-89 daily 0.75 2025-08-22 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1755763923723-P9M7R7TBFIOGPLGHBD3R/unsplash-image-mD8_A77YN2Q.jpg The Relationship Between China A Quant Strategies and Market Trading Volume https://jasperhk.com/terms-of-use daily 1.0 2025-04-09 https://jasperhk.com/investment-philosophy daily 0.75 2019-04-19 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1552304554794-YM5L407DS8G87TITWPML/gray+line.JPG Investment Philosophy https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1552304575485-VLXIQ79EDUVIDOHZGN1F/gray+line.JPG Investment Philosophy https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554288319189-QJUH6JAA7X9JKWDBNUNT/BW101384-Edit.jpg Investment Philosophy - QUANTITATIVE FRAMEWORK We source traditional and alternative datasets, clean these datasets using advanced statistics and machine learning, and then based upon both theoretical and empirical research use these datasets to build quantitative models of security returns. This approach emphasizes: 1) scientific rigor, 2) diversification of return sources; and 3) replicability. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554288819354-1O4XZMKE47UGPRZTBGVI/BW101385-Edit.jpg Investment Philosophy - PROCESS DRIVING IMPLEMENTATION Portfolio construction and execution should be a highly objective process. Each step in this process should be thoughtfully designed and carefully tested to ensure that biases and inefficiencies are reduced. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1555395480363-XHISHFXRWJE4O7HLSU7K/DSC01527.jpg Investment Philosophy - TEAMWORK We emphasize teamwork over a reliance on individual talent to achieve long-term outperformance. Researchers must collaborate to create and refine quantitative models. As thoughts are shared and knowledge and experience accumulated, we are better able to evolve and adapt to the market environment. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554289751011-NFXIN9E3XHM69VNBG0P3/DSC01639.jpg Investment Philosophy - PRECISE RISK MANAGEMENT A clear understanding of risk exposure is vital to portfolio construction. With the ability to precisely measure risk we increase our ability to deliver persistent risk-adjusted excess returns. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1552304593535-GJNOLMU61HPCVHOYPYZR/gray+line.JPG Investment Philosophy https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554288134366-WNDWAXV2SSZ2UMOVGE2W/BW101379-Edit.jpg Investment Philosophy https://jasperhk.com/who-we-are daily 0.75 2025-01-06 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1548658307524-NROUV39DGZ17W0S5CKU0/Jasper+Capital+Team China A-share Quant Pioneers - About Our Firm Jasper Capital Hong Kong Limited (“Jasper Capital”) was founded in 2018 and is headquartered in Hong Kong. The firm employs a quantitative research framework and process-driven implementation which aims to capture risk-adjusted excess return from investment in the Chinese A-shares market. Jasper Capital’s quantitative research and investment decision making are supported by Jasper Capital International, a Shenzhen, China based quantitative asset manager. We offer investors strategies designed to capitalize on China’s domestic market inefficiencies and future Chinese growth. In 2018, we established operations in Hong Kong in order to leverage the Stock Connect. The Hong Kong office functions as Jasper Capital’s hub for international business operations, providing global investors a gateway to China exposure under the regulation of the Securities & Futures Commission of Hong Kong (SFC). https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/7591ef78-0238-4e35-a04c-71889f118378/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20190604104104.jpg China A-share Quant Pioneers https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1552043534592-KQ0E6454U69BLIE0P40D/8574495a-1cf4-48d8-b4cd-3ffc7420e863.jpg China A-share Quant Pioneers https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1552042853076-LC95F6KJTTOSFSB6H89L/DSC00663-2.jpg China A-share Quant Pioneers https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1550819392051-BWJ1MI4QQRL4SYFMUYL8/vertical+line.JPG China A-share Quant Pioneers https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554287592478-2WB26C4TCEID10FNR121/BW101363-Edit.jpg China A-share Quant Pioneers https://jasperhk.com/contact daily 0.75 2019-05-22 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554336546662-71Z7FQMJSBIHY6B5DJHD/BW101380-Edit.jpg Contact https://jasperhk.com/strategies daily 0.75 2024-08-15 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1554966303576-QQQ6PQWRW50AZ31RIWS0/DSC00202.jpg Strategies https://jasperhk.com/our daily 0.75 2024-12-26 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1734353458324-5FLUVGL68VY3PD6S8SIG/BW101357-Edit.jpg Our Team https://jasperhk.com/new-page-1 daily 0.75 2025-09-22 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/af8c5e7b-42f8-4fa9-82a5-42e13392e343/A+new+era+of+artificial+intelligence+and+AI.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/77d1a85e-fa1d-4fb5-9615-b46f50e5d664/A+new+era+of+artificial+intelligence+and+AI.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/5ffb6ebf-f347-4bfc-8928-0f9b46f88ef4/2.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/90604184-121a-4102-9e7e-4ad496e1e720/1.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/6d506d72-b832-4148-a209-11520505f8ce/1.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/962a3166-4a62-4297-a57c-b48e19d5c1a1/2.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/84af6307-f293-413b-9fa0-ae74d03f042d/A+new+era+of+artificial+intelligence+and+AI.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/ddf17077-de7a-4607-9025-e9d5c2b030b4/2.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/af8c5e7b-42f8-4fa9-82a5-42e13392e343/A+new+era+of+artificial+intelligence+and+AI.png News & Perspective - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1742352065741-AKD3ZA6OBJD2BJUAW4JB/timg%25E5%25B0%258F.jpg News & Perspective https://jasperhk.com/new-page-2 daily 0.75 2025-03-19 https://jasperhk.com/new-page-3 daily 0.75 2025-03-19 https://jasperhk.com/new-page-4 daily 0.75 2025-04-30 https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/24f873a6-a0f0-47bf-b4c0-eaad00ab8c68/BarraCNE5.png Mastering Tens of Trillions of Global Wealth with the Barra Model (Part 1) - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/d874f700-519f-4b14-9f29-7520c8777b39/123.png Mastering Tens of Trillions of Global Wealth with the Barra Model (Part 1) - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/e4a70109-0b00-49ef-a39c-a54bfecc881c/BarraCNE6.png Mastering Tens of Trillions of Global Wealth with the Barra Model (Part 1) - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5c32be7bfcf7fd84676c3004/1745918685296-YCPDVDN4VT56IGVF4EY9/unsplash-image-lECj_ApWuVs.jpg Mastering Tens of Trillions of Global Wealth with the Barra Model (Part 1)