China unveils first AI model to gauge weather's impact on stock market
Summary
China has unveiled Shangji, its first AI model designed to assess weather's impact on China's stock market, aiding climate-aware investment and risk management.
Key Points
- China unveiled its first AI model, Shangji, to analyze weather impact on financial markets.
- The model was jointly developed by Fudan University and the National Meteorological Information Centre.
- Shangji can forecast short-term stock returns and identify weather-sensitive industries like wind, solar, petrochemicals, construction, and agriculture.
- The model shows potential for use in investment strategy, climate risk management, and financial sector applications.
