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E Fund: Harnessing AI Trends in China to Drive Innovation and Enhance ETF Offerings

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..... E Fund: Harnessing AI Trends in China to Drive Innovation and Enhance ETF Offerings
PTI News
Dated:- 17-3-2025
PTI
GUANGZHOU, China, March 17, 2025 /PRNewswire/ -- The recent AI model developed by DeepSeek has taken the world by surprise and triggered a rally in Chinese tech stocks. As of March 12th, Wind data showed that the CSI Artificial Intelligence index recorded an impressive yea .....

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..... r-to-date gain of 14.7%. The significant reduction in deployment costs for large language models has fueled widespread adoption across finance, government, and healthcare, while Chinese tech giants like Alibaba, Baidu, and Huawei are rapidly integrating DeepSeek into their ecosystems. This momentum signals an imminent explosion in AI applications and end-user devices, reshaping industries and driv .....

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..... ing innovation. Growing Interest on ETFs as a Key AI Investment Channel With the rapid advancement of AI, an increasing number of investors are leveraging ETFs to access AI-driven opportunities. E Fund Management ("E Fund"), the largest mutual fund manager in China, has been at the forefront of this trend, providing comprehensive exposure to the AI sector. Notably, E Fund CSI Artificial Intellig .....

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..... ence Thematic ETF (Code: 159819), offering the lowest fee of its kind, recently surpassed RMB 15.6 billion (USD 2.16 billion) milestone, up by 83% since the beginning of this year. The rapid rise in AI-related ETFs demonstrates their role as an efficient vehicle for capitalizing on industry trends. Asset Management Industry in China Embracing AI It has been observed that Chinese brokers and fund .....

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..... managers have already started to integrate DeepSeek models into their business. Its advanced reasoning capabilities and efficiency in resource utilization make it an ideal tool for financial institutions seeking to enhance their digital infrastructure. According to E Fund, the company has embedded DeepSeek's model into its daily operations, changing the way it conducted research, managed risks an .....

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..... d interacted with clients. The company has also enhanced its proprietary AI model, EFundGPT, drawing from DeepSeek's expertise in synthetic data and knowledge distillation. About E Fund Established in 2001, E Fund Management Co., Ltd. ("E Fund") is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 490 billion) under management.* It offers investment solutions t .....

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..... o onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since .....

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..... inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers. Source: E Fund. AuM includes subsidiaries. Data as of Dec 31, 2024. FX rate is sourced from PBoC. (Disclaimer: The above press release comes to you .....

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..... under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR
News - Press release - PIB .....

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