Press Release: I Know First Is Expanding Asia Presence with Entrance Into Retail Client Space In Hong Kong and China

I Know First Is Expanding Asia Presence with Entrance Into Retail Client Space In Hong Kong and China

I Know First’s Daily Stock Market Forecasts and other services are now officially available to retail clients in Hong Kong and marks how I Know First is expanding Asia presence. After a period of 6 months POC , I Know First has finally come to an agreement with a local Hong Kong partner that make I Know First’s entrance into China and Hong Kong as smooth as possible for new clients. I Know First will be the first company provide AI forecasting services for the Hong Kong Stock Market to the  retail clients from Mainland China and Hong Kong.

The Hang Seng Index Over the Last Year (Source: Yahoo Finance)

In the past, our subscription has been available to individuals in these countries through our By Country – Hong Kong package which has been shown to consistently outperform the market as a whole. However, our new partner will be able to help translate and provide customer service to larger clients so we can creare tailored forecasting services based on the Hang Seng to new retail clients.

An example of successful I Know First stock picks in the By Country- Hong Kong package.

The Hong Kong Stock Exchange is the 3rd biggest in Asia after the Shanghai Stock Exchange and the Tokyo Stock Exchange, which our algorithm already predicts. As of March 15, 2018, I Know First finished the implementation and the training period of its AI-based ranking and forecasting model for the main equities listed on the Hong Kong Stock Exchange (SEHK), specifically a selection of 640 stocks. On this date, I Know First published the first Hong Kong stock forecast for the subscribed investors in the local Hong Kong market, as the timing of the data feed and the forecast generation was adjusted to the respective time zone. But since then, we’ve been analyzing how our stock predictions led to returns differing from the benchmark.

Stock Market Perform By Big Data Analysis

According to our forecast evaluation results, the predictions generated returns greatly surpassing that of the benchmark we have utilized, namely, the sample of equally-weighted 640 stocks from the Stock Exchange of Hong Kong held by I Know First, including all 50 constituents of Hang Seng Index. The stocks selected using I Know First forecasts significantly outperformed both benchmarks for all time horizons. These results are yet another vote of confidence in the power of our predictive algorithm and are exciting as we continue branching into new markets, particularly in Asia.

Our partner is providing a 7 day trial to those who comment a particular phrase.

I Know First is extremely excited to continue building our presence in Asia.

September 17-21 Weekly Highlights Review For Hong Kong Stock Market.

Below you can find some highlights from our partner’s presentation on I Know First. They explained I Know First’s objective forecast, what our algorithm is, how it works, the company’s history, and more. To celebrate the new partnership, they also disclosed some of that day’s forecasts for Hong Kong stocks!