$BAIRONG-W (06608.HK)$Hate to post this as it will show my lack of knowledge but is this company (1) a software company that uses AI or (2) an AI company that recoups its costs via software sales? As they don't develop chips and are not talking about building huge new data centers the likes of which have never been seen I have to believe it is #1. Can someone who understands these things explain what Bairong is?
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104027617
:
Bairong is an AI company in a sense that they are developing their own vertical LLM for the use of financial institutions.
104027617
Jeff Boyd
OP
:
i own Bairong too, it a lot easier to evaluate chinese companies if you know how to read mandarin. Basically unlike the general LLM that developed by OpenAI that need billions of resources to train the model, Bairong's LLM is more vertically suit the financial institutions in China, without huge capex needed to develop and probably the only AI developers that already monetising and profiting in China (maybe globally) as well.
Jeff Boyd
OP
104027617
:
There are so many limitations on understanding companies. I've always thought that the only way I can understand future risks/prospects is if I have worked for the company and can talk to people who do the real work and even then one never knows that a liability or competitor won't pop up. $MING YUAN CLOUD (00909.HK)$
$BAIRONG-W (06608.HK)$One never knows the future with certainty but this company is earning 7-8% ROE which is pretty impressive given how overcapitalized it is. That cash sure drives ROE down. Know things change pretty fast in the sector but does anyone know if they face any threats aside from normal risks faced by any company in this sector?
Insider selling in Bairong may cast a dark cloud over market sentiments, despite the high insider ownership suggesting a shared interest with all shareholders.
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104027617 : Bairong is an AI company in a sense that they are developing their own vertical LLM for the use of financial institutions.
Jeff Boyd OP 104027617 : Thank you. $BAIRONG-W (06608.HK)$
$NVIDIA (NVDA.US)$$eGain (EGAN.US)$
104027617 Jeff Boyd OP : i own Bairong too, it a lot easier to evaluate chinese companies if you know how to read mandarin. Basically unlike the general LLM that developed by OpenAI that need billions of resources to train the model, Bairong's LLM is more vertically suit the financial institutions in China, without huge capex needed to develop and probably the only AI developers that already monetising and profiting in China (maybe globally) as well.
Jeff Boyd OP 104027617 : There are so many limitations on understanding companies. I've always thought that the only way I can understand future risks/prospects is if I have worked for the company and can talk to people who do the real work and even then one never knows that a liability or competitor won't pop up. $MING YUAN CLOUD (00909.HK)$