Key Points - The top three stocks with net inflows from southbound funds on August 18 are China Life (02628) with 955 million, Alibaba-W (09988) with 617 million, and Bilibili-W (09626) with 484 million [1][2] - The top three stocks with net outflows are the Tracker Fund of Hong Kong (02800) with -6.418 billion, Hang Seng China Enterprises (02828) with -2.181 billion, and CNOOC (00883) with -451 million [1][2] - In terms of net inflow ratio, the top three are Hong Kong and China Gas (01083) at 62.85%, Anjoy Foods (02648) at 59.88%, and Ruipu Lanjun (00666) at 51.93% [1][2] - The top three stocks with the highest net outflow ratios are Jiangsu Nanjing Highway (00177) at -54.22%, United Energy Group (00467) at -48.65%, and Sany International (00631) at -48.21% [1][2] Net Inflow Rankings - The top ten stocks by net inflow include China Life (02628) with 955 million, Alibaba-W (09988) with 617 million, and Bilibili-W (09626) with 484 million [2] - Other notable stocks in the top ten include CICC (03908) with 471 million and CITIC Securities (06030) with 411 million [2] Net Outflow Rankings - The top ten stocks by net outflow include the Tracker Fund of Hong Kong (02800) with -6.418 billion, Hang Seng China Enterprises (02828) with -2.181 billion, and CNOOC (00883) with -451 million [2] - Other significant outflows include Kuaishou-W (01024) with -381 million and Geely Automobile (00175) with -305 million [2] Net Inflow Ratio Rankings - The top three stocks by net inflow ratio are Hong Kong and China Gas (01083) at 62.85%, Anjoy Foods (02648) at 59.88%, and Ruipu Lanjun (00666) at 51.93% [2][3] - Additional stocks with high net inflow ratios include Daxin Financial (00440) at 50.35% and Shougang Resources (00639) at 47.08% [3] Net Outflow Ratio Rankings - The top three stocks by net outflow ratio are Jiangsu Nanjing Highway (00177) at -54.22%, United Energy Group (00467) at -48.65%, and Sany International (00631) at -48.21% [3] - Other notable stocks with significant outflow ratios include Tuhu-W (09690) at -46.99% and Ansteel (00347) at -46.67% [3]

消息面上，8月15日，九方智投控股旗下九方智擎入驻"模速空间"美好共建仪式在沪举行。据悉，作为 国家AI"头雁"平台，"模速空间"是上海打造全球人工智能高地"头雁效应"的核心载体，承载着构建大模 型"技术-产业-应用"闭环的国家使命。仪式当天，九方智擎还与腾讯云达成战略合作签约，双方将携手 探索AI人工智能领域的应用与落地。 信达证券（601059）近期表示，7月，九方智投控股宣布完成战略配售，实现多倍超额认购，满额募集1 亿美元资金。该行认为该配售项目有望从至少两个维度强化公司战略布局：丰富业务生态，布局RWA 底层资产、数字资产交易所、托管银行等多个细分市场；全球市场延伸，聚焦中国香港+中东，扩大地 区覆盖范围，提供更加国际化的业务收入来源；全链路赋能，打造"交易-资管-投顾"闭环。 九方智投控股(09636)再涨近9%，截至发稿，涨7.89%，报74.55港元，成交额6.98亿港元。 ...

智通财经APP获悉，九方智投控股(09636)再涨近9%，截至发稿，涨7.89%，报74.55港元，成交额6.98亿 港元。 信达证券近期表示，7月，九方智投控股宣布完成战略配售，实现多倍超额认购，满额募集1亿美元资 金。该行认为该配售项目有望从至少两个维度强化公司战略布局：丰富业务生态，布局RWA底层资 产、数字资产交易所、托管银行等多个细分市场；全球市场延伸，聚焦中国香港+中东，扩大地区覆盖 范围，提供更加国际化的业务收入来源；全链路赋能，打造"交易-资管-投顾"闭环。 消息面上，8月15日，九方智投控股旗下九方智擎入驻"模速空间"美好共建仪式在沪举行。据悉，作为 国家AI"头雁"平台，"模速空间"是上海打造全球人工智能高地"头雁效应"的核心载体，承载着构建大模 型"技术-产业-应用"闭环的国家使命。仪式当天，九方智擎还与腾讯云达成战略合作签约，双方将携手 探索AI人工智能领域的应用与落地。 ...

消息面上，九方智投控股公布，秉承"科技+投研"双轮驱动战略，公司旗下全资科技子公司—上海九方 智擎科技有限公司(九方智擎)，正式入驻全国首个大模型创新生态社区，标志公司向"金融智能体2.0"迈 进，聚焦金融垂类大模型的研发与应用，致力打造开放型智能引擎。九方智擎正式揭牌入驻AIGC创新 生态先导区 —"模速空间"。 此外，该集团与腾讯云计算(北京)有限责任公司正式建立战略合作。双方共同构建面向AI原生的新一代 企业内部效率工具;同时继续深化数据库、自研中间件、微服务架构等自主技术的联合创新，以打造更 具韧性的技术底座，聚焦人工智能AI领域的前沿技术研发与场景应用落地，共同推进云计算及智能化 基础设施的升级与创新发展。 智通财经APP获悉，九方智投控股(09636)涨超10%，高见66.35港元创新高。截至发稿，涨10.11%，报 65.9港元，成交额3.53亿港元。 ...

此外，该集团与腾讯云计算(北京)有限责任公司正式建立战略合作。双方共同构建面向AI原生的新一代 企业内部效率工具;同时继续深化数据库、自研中间件、微服务架构等自主技术的联合创新，以打造更 具韧性的技术底座，聚焦人工智能AI领域的前沿技术研发与场景应用落地，共同推进云计算及智能化 基础设施的升级与创新发展。 九方智投控股(09636)涨超10%，高见66.35港元创新高。截至发稿，涨10.11%，报65.9港元，成交额3.53 亿港元。 消息面上，九方智投控股公布，秉承"科技+投研"双轮驱动战略，公司旗下全资科技子公司—上海九方 智擎科技有限公司(九方智擎)，正式入驻全国首个大模型创新生态社区，标志公司向"金融智能体2.0"迈 进，聚焦金融垂类大模型的研发与应用，致力打造开放型智能引擎。九方智擎正式揭牌入驻AIGC创新 生态先导区—"模速空间"。 ...

Core Insights - The establishment of Jiufang Zhiying marks a strategic move by Jiufang Zhituo Holdings to leverage AI technology in the securities industry, aiming to enhance efficiency and redefine investment consulting services [1][2] - Jiufang Zhiying's entry into the "Mosu Space" innovation ecosystem is part of a broader initiative to integrate AI capabilities into financial services, positioning the company as a key player in China's AI-driven market [2][3] - The collaboration with Tencent Cloud focuses on enhancing AI tools, redefining operational paradigms, and establishing a robust technological foundation, which is expected to yield significant synergies [3] Company Developments - Jiufang Zhituo Holdings has been actively investing in AI, with a comprehensive model system and products like Jiufang Lingxi, which provide intelligent and personalized investment services [1][4] - The company reported a strong growth trajectory, with a projected R&D expenditure of 319 million yuan in 2024, reflecting a double-digit growth rate and a significant commitment to innovation [5] - Jiufang Zhituo's focus on AI integration is expected to create a unique competitive advantage, enhancing its attractiveness to investors and positioning it for long-term growth [5] Industry Context - The rapid advancement of AI is reshaping the securities consulting industry, offering new efficiencies and experiences, and driving a wave of technological transformation [2][4] - The recent financial performance of major tech companies, such as Meta and Microsoft, underscores the high demand and optimism surrounding AI-related investments, which is likely to influence investor sentiment towards Jiufang Zhituo Holdings [4] - The increasing "AI content" in financial services is anticipated to lead to a re-evaluation of investment values in the sector, with Jiufang Zhituo poised to benefit from this trend [4]

Core Viewpoint - The establishment of Jiufang Zhiying marks a strategic move by Jiufang Zhitu Holdings to leverage AI technology in the securities industry, aiming to enhance efficiency and redefine investment consulting services [1][2][4] Group 1: Company Developments - Jiufang Zhiying was officially launched in Shanghai's "Mosu Space," a hub for AI innovation, to explore AI applications in the securities sector [1][2] - The company has previously established an AI center and developed a comprehensive model system for the securities field, including the launch of AI products like Jiufang Lingxi [1][4] - Jiufang Zhitu Holdings is transitioning from traditional investment consulting to intelligent consulting, with a focus on AI integration [1][4] Group 2: Strategic Collaborations - Jiufang Zhiying has formed a strategic partnership with Tencent Cloud, focusing on enhancing AI tools, redefining operational paradigms, and building a resilient technological foundation [3] - This collaboration is expected to create significant business synergies, leveraging Tencent Cloud's resources to enhance Jiufang Zhiying's capabilities in financial technology [3] Group 3: Market Position and Financial Performance - The rapid development of AI is reshaping the business landscape, leading to a re-evaluation of AI-related stocks in the capital market [4] - Jiufang Zhitu Holdings has reported a positive trend in profits, supported by high contract liabilities, indicating strong performance for the second half of the year [4][5] - The company is investing heavily in R&D, with a projected expenditure of 319 million yuan in 2024, representing a double-digit growth rate [5] Group 4: Competitive Advantage - Jiufang Zhitu Holdings is building a unique competitive edge through AI-driven technology, which is recognized by institutional investors [5] - The company’s investment value is seen not only in its current market position but also in its ability to capitalize on future opportunities in financial technology [5]

Core Insights - The establishment of Jiufang Zhijing Technology Co., Ltd. marks a significant milestone in the development of financial vertical large models in China, indicating a move towards industrialization in this sector [1][6][30] - Jiufang Zhijing aims to create an open intelligent engine and serve as the main force for AI innovation in the financial sector, focusing on inclusive and digital finance [6][30][31] Group 1: Company Developments - Jiufang Zhijing, a wholly-owned subsidiary of Jiufang Zhitu Holdings, will focus on the research and application of financial vertical large models [6][30] - The company plans to enhance its product matrix, including Jiufang Zhitu APP and Jiufang AI stock learning machine, to provide a more intelligent and efficient investment experience [10][30] - A strategic partnership with Tencent Cloud has been established to explore applications of AI in the financial sector, focusing on efficiency and redefining industry standards [14][30] Group 2: Industry Context - The initiative is part of a broader strategy to reshape the future of the financial industry through AI empowerment, emphasizing an open ecosystem [2][31] - The "Mosu Space" serves as a core platform for AI development in Shanghai, aiming to bridge the gap between technological breakthroughs and industrial application [27][30] - The collaboration with top academic institutions and tech companies aims to create a high-quality ecosystem for the development of AI in finance [10][30][31]

Market Overview - Hong Kong stock market opened lower and closed down 0.98% due to concerns over the upcoming US-Russia summit, while A-shares surged, with the Shanghai Composite Index returning to around 3700 points and a trading volume exceeding 2.2 trillion yuan, marking the 29th trading day in A-share history to surpass 2 trillion yuan [1][5] - The anticipated US-Russia summit is expected to yield limited results, with no plans for signed agreements, and discussions likely to focus on underlying strategies rather than public outcomes [2][3] Sector Focus - The banking sector in Hong Kong is underperforming, primarily due to a perceived lack of value compared to insurance stocks, which are increasingly favored by institutional investors [3] - The sentiment in the market remains positive, with over ten stocks in the Hong Kong Stock Connect rising more than 10%, particularly in the robotics sector, driven by upcoming events like the World Humanoid Robot Games [4] - The semiconductor and AI-related sectors are experiencing significant growth, with companies like Hongteng Precision rising over 33% due to their involvement in NVIDIA's supply chain [5] Individual Company Highlights - Xiexin Technology has entered a strategic partnership with Taibao Asset Management, aiming to explore tokenization solutions for real-world assets and develop compliant digital asset products [10][12] - The solar industry is showing signs of recovery, with significant price increases in photovoltaic glass and a reduction in production, indicating a potential shift towards better market conditions [7][8] - GCL-Poly Energy has secured a procurement contract for silicon materials worth up to 450 million yuan, reflecting the ongoing demand and price increases in the solar component market [10][11]

九方智投控股(09636)公布，秉承"科技+投研"双轮驱动战略，公司旗下全资科技子公司—上海九方智擎 科技有限公司(九方智擎)，正式入驻全国首个大模型创新生态社区，标志公司向"金融智能体2.0"迈进， 聚焦金融垂类大模型的研发与应用，致力打造开放型智能引擎。 九方智擎正式揭牌入驻AIGC创新生态先导区—"模速空间"。公司未来将专注于金融垂类大模型研发与 应用，致力于打造高精尖AI研究团队，深度推动AI技术在证券领域核心场景(研究分析、投教服务、合 规风控等)的落地、赋能及创新，为金融数智化转型实践提供有力支撑。 此外，该集团与腾讯云计算(北京)有限责任公司正式建立战略合作。双方共同构建面向AI原生的新一代 企业内部效率工具;同时继续深化数据库、自研中间件、微服务架构等自主技术的联合创新，以打造更 具韧性的技术底座，聚焦人工智能AI领域的前沿技术研发与场景应用落地，共同推进云计算及智能化 基础设施的升级与创新发展。 董事会认为，九方智擎作为集团布局AI战略的重要载体，其入驻"模速空间"，标志公司AI产品化、生态 化、产业化迈入新阶段，推动"人工智能+"，进一步加速集团"数智化"转型，与集团打造证券领域全周 期A ...