1) Quant will not leave the market, but will only switch leased lines and iterate strategies. Only extreme high-frequency strategies shrink; mid-to-low-frequency quant is unaffected;

English summary

2) Leading quant firms can narrow the latency gap through dual-operator WAN leased lines and optimized hardware equipment; only small high-frequency quant firms lose competitiveness; 3) Long-term positive: market trading becomes more balanced, arbitrage capital that relies solely on hardware distance harvesting decreases, and the weight of fundamental pricing increases.