As the fuel behind the explosive growth of AI, data is transforming itself from a business input into a financial asset.
That’s the assumption behind a strategic partnership between a Chinese provider of data solutions and a state-run platform that aims to promote the trading of datasets as a commodity within the digital economy.
Shenzhen Xunce Technology Co. Ltd. (3317.HK) supplies data systems and analytics to businesses, including AI-powered data agents that can act on the information they process. The company announced on April 12 it had linked up with the Shenzhen Data Exchange to develop what it called a service framework for “data assetization”, the process of turning data into marketable assets.
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