Core Viewpoint - The event hosted by KPMG in Xiong'an, Hebei, aimed to explore new trends and applications in financial technology during China's digital transformation, gathering industry leaders to discuss further development opportunities [1] Group 1: KPMG Fintech 50 List - Jiufang Zhitu Holdings was selected for KPMG's 2025 Fintech 50 list due to its deep integration of "AI + investment advisory" and a comprehensive financial product matrix [3][6] - This marks the third consecutive year Jiufang Zhitu has been recognized, highlighting its innovative achievements in the fintech sector [6][11] - The KPMG Fintech 50 list serves as a significant industry benchmark, evaluated by a team of experts across various fields including technology, finance, and macroeconomics [6] Group 2: AI and Investment Advisory - Jiufang Zhitu's strategic focus on "AI + investment advisory" aligns with industry trends, leading to significant outcomes [7] - The company introduced the first intelligent investment advisory digital persona, "Jiugo," in 2023, based on its proprietary model [7][8] - The firm aims to enhance investor education and accessibility through innovative AI-driven products, addressing common challenges in the investment advisory sector [8][10] Group 3: Future Developments - Jiufang Zhitu established a technology subsidiary, Jiufang Zhiying, to focus on the development and application of AI models in finance [10] - The company has formed partnerships with leading tech firms to foster innovation in the fintech ecosystem [10] - Looking ahead, Jiufang Zhitu plans to leverage AI and data to further advance financial intelligence, aiming to support rational and long-term investment strategies for investors [11]

Group 1 - The core viewpoint of the articles highlights significant movements in the stock market, particularly in Hong Kong and the US, driven by various company announcements and market trends [1][2][3][5][6][7][8]. Group 2 - 万国数据-SW (09698) saw a rise of over 3.6% following the announcement of a successful C-round financing of $2 billion for its international business platform DayOne [1]. - 智谱 (02513) experienced a surge of over 24% on its second day of trading, becoming the first global large model stock listed on the Hong Kong Stock Exchange [1]. - 禾赛-W (02525) increased by over 3% after showcasing its latest lidar technology at CES 2026, along with updates on delivery volume and strategic partnerships [1]. - Lithium battery concept stocks rose, with 中创新航 (03931) up 4.74%, as the Ministry of Industry and Information Technology announced a meeting to regulate the battery industry [1]. - 快手-W (01024) gained over 2.3% as Goldman Sachs projected that its AI model upgrades would enhance overseas user recognition and revenue [2]. - 佳鑫国际资源 (03858) rose over 5.4% after announcing a mining service procurement agreement worth approximately 2.27 billion HKD [2]. - Gold stocks generally increased, with 山东黄金 (01787) up 6.01%, driven by geopolitical risks and expectations of interest rate cuts supporting gold prices [2]. - 九方智投控股 (09636) rose over 5.6% following the announcement of acquiring JF Financial Company Limited [3]. - 凌雄科技 (02436) surged by over 96.85%, with expectations of significant market penetration in the DaaS sector over the next five years [3]. - 理士国际 (00842) plummeted over 60% after announcing a plan to split and list on the US stock market [3]. - Buda Juice (BUDA.US) debuted on the US market with an 8.13% increase, focusing on fresh juice and health drinks [5]. - 虎牙 (HUYA.US) reached a five-and-a-half-month high, rising 14.47% after the successful launch of a new mobile game [5]. - Applied Digital (APLD.US) led gains in the crypto mining sector with a 250% year-over-year revenue increase [5]. - Critical Metals (CRML.US) saw a near 10% rise but later fell, having gained over 110% in the first five trading days of the year [6]. - 哔哩哔哩 (BILI.US) rose 6.51% as Morgan Stanley noted stable ad performance despite uncertain gaming prospects [6]. - Storage stocks fell, with SanDisk (SNDK.US) down 5.38%, amid concerns over the sustainability of AI-related capital expenditures [6]. - The space sector saw gains, with L3Harris Technologies (LHX.US) up 5.16% after a strategic sale [7]. - Chip stocks declined, with NVIDIA (NVDA.US) down 2.15%, reflecting broader market concerns [7]. - Precious metals stocks fell, with significant drops in silver and gold prices due to liquidity shocks [8].

消息面上，1月6日，九方智投控股发布公告，内容有关(其中包括)收购目标公司JF Financial Company Limited(前称Yintech Financial，"JF Financial")全部股权及核心信息系统。于本公告日期，完成收购事项 的所有先决条件已获达成。完成已于本公告日期作实。 于完成后，目标集团的成员公司由公司持有 100%，并合并为公司的全资附属公司；及公司取得核心信息系统的所有权。 智通财经APP获悉，九方智投控股(09636)盘中涨超4%，截至发稿，涨3.96%，报57.7港元，成交额 7593.43万港元。 ...

消息面上，1月6日，九方智投控股发布公告，内容有关(其中包括)收购目标公司JF Financial Company Limited(前称Yintech Financial，"JF Financial")全部股权及核心信息系统。于本公告日期，完成收购事项 的所有先决条件已获达成。完成已于本公告日期作实。于完成后，目标集团的成员公司由公司持有 100%，并合并为公司的全资附属公司；及公司取得核心信息系统的所有权。 九方智投控股(09636)盘中涨超4%，截至发稿，涨3.96%，报57.7港元，成交额7593.43万港元。 ...

Market Overview - The Hong Kong stock market opened lower on January 7, with the Hang Seng Index down 1.01% at 26,439.68 points, the Hang Seng Tech Index down 1.65% at 5,729.41 points, the National Enterprises Index down 1.11% at 9,141.25 points, and the Red Chip Index down 0.64% at 4,114.5 points [1] - Major technology stocks experienced declines, with Alibaba down 4.05%, Tencent down 1.98%, JD.com down 1.47%, Xiaomi down 1.34%, NetEase down 2.18%, Meituan down 2.17%, Kuaishou down 2.78%, and Bilibili down 3.54% [1] - The biopharmaceutical sector continued to rise, with Kangfang Biopharmaceutical up over 6% [1] - The metals sector showed strength, with Luoyang Molybdenum up over 5% [1] - Oil stocks weakened, with PetroChina down over 3% [1] - Automotive stocks faced significant declines, with NIO down over 3% [1] Company News - Yadea Holdings (01585.HK) expects a net profit of no less than RMB 2.9 billion for 2025, up from RMB 1.27 billion in the previous year, driven by increased sales of electric two-wheelers and optimized product structure [2] - Poly Property Group (00119.HK) anticipates a cumulative contract sales amount of approximately RMB 50.2 billion for 2025, a decrease of 7.38% year-on-year [3] - Sunac China (01918.HK) expects a cumulative contract sales amount of approximately RMB 36.84 billion for 2025, down 21.85% year-on-year [4] - Gemdale Corporation (00535.HK) projects a cumulative contract sales total of approximately RMB 10.696 billion for 2025, a decrease of 47.33% year-on-year [5] - Greentown Management Holdings (09979.HK) estimates new project management fees for 2025 to be RMB 9.35 billion, an increase of approximately 0.4% [6] - Yuexiu Property (00123.HK) acquired a land parcel in Shanghai's Pudong New Area for RMB 2.561 billion [7] - Jiufang Zhitu Holdings (09636.HK) completed the acquisition of 100% equity in JF Financial and its core information system [8] - Weimob Group (02013.HK) partnered with Taobao Flash Sale to enhance local retail solutions [8] - Dali Pu Holdings (01921.HK) became a qualified supplier for Saudi Aramco [9] - Xiehe New Energy (00182.HK) successfully completed a secondary listing on the Singapore Stock Exchange [10] - Bokan Vision Cloud-B (02592.HK) submitted a clinical trial application for the new drug CBT-009 [11] - Yingtong Holdings (06883.HK) established a partnership with the Italian high-end fragrance brand CULTI to strengthen its distribution network in China [11] Institutional Insights - Guosen Securities believes that the Hong Kong stock market's recovery has begun, driven by a weaker US dollar and improved domestic liquidity, suggesting a focus on AI and PPI [12] - CITIC Securities anticipates a second round of valuation recovery and performance revival in the Hong Kong market in 2026, recommending attention to technology, healthcare, resource products, essential consumer goods, paper, and aviation sectors [12] - Everbright Securities notes that domestic policy support and a weaker dollar may lead to continued upward movement in the Hong Kong market, highlighting the relative strength of overall profitability [12] - Dongwu Securities indicates that the Hong Kong market is entering a period of upward volatility, emphasizing the importance of dividends and technology growth in the first half of the year [12] - Industrial Securities recommends a bullish stance, predicting a spring rally led by the Hang Seng Tech Index, with a continued bull market expected in 2026 [13]

Market Overview - The Hong Kong stock market indices showed strong performance, with the Hang Seng Index rising by 1.38% to close at 26,710.45 points, and a total trading volume of HKD 291.76 billion [1] - The Hang Seng Tech Index increased by 1.46%, closing at 5,825.26 points, indicating a positive sentiment in the technology sector [1] Blue Chip Performance - China Hongqiao (01378) led the blue-chip stocks, rising by 6.14% to HKD 35.26, contributing 10.84 points to the Hang Seng Index [2] - Other notable performers included JD Health (06618) up 5.41%, Ping An Insurance (02318) up 4.96%, while Alibaba (09988) fell by 1.31% [2] Sector Highlights - The capital market is heating up, with financial stocks, particularly Chinese brokerage firms, showing significant gains. For instance, Jiufang Zhitu (09636) surged by 18.84% [3] - The non-ferrous metals sector performed strongly, with notable increases in Aluminum Corporation of China (02068) up 8.05% and Zhaojin Mining Industry (01818) up 7.29% [4] Commodity Trends - Commodities such as gold, silver, and copper have seen rising futures prices, driven by geopolitical tensions and supply constraints [5] - The aluminum market is particularly affected by supply threats, with prices expected to remain high due to production risks [5] Autonomous Driving Sector - The autonomous driving sector is gaining traction, with companies like Zhejiang Shibao (01057) rising by 21.53% following announcements from NVIDIA regarding advancements in self-driving technology [6] - NVIDIA's new AI platform is expected to stimulate demand for autonomous taxis, supporting global economic growth [6] Commercial Aerospace Developments - The commercial aerospace sector is experiencing growth, with companies like JunDa Co. (02865) rising by 8.01% due to recent developments in the industry [6] - The acceleration of the commercialization of space is anticipated to enhance the performance and valuation of related companies [6] Notable Stock Movements - Xindong Company (02400) increased by 6.04% after announcing a significant share buyback plan worth HKD 400 million [7] - Hesai Technology (02525) rose by 5.9% after being selected as a lidar partner for NVIDIA's platform and announcing plans to double production capacity [8] - Cathay Pacific (00293) faced pressure, declining by 2.6% due to a share placement by China National Aviation [9]

Core Insights - The company has completed all conditions for the acquisition of JF Financial as of January 6, 2026, allowing it to hold 100% equity of the target group [1] - JF Financial, established on December 12, 2016, primarily provides financial services through its subsidiaries, Fangde Securities and Fangde Capital [1] - The acquisition results in the target group's companies being fully owned and merged into the company as wholly-owned subsidiaries, along with the ownership of core information systems [1]

Group 1 - The core announcement is about the acquisition of JF Financial Company Limited, previously known as Yintech Financial, by the company, which includes the purchase of all equity and core information systems [1] - All preconditions for the acquisition have been met as of the announcement date, and the completion of the acquisition has been confirmed [1] - Following the completion, the target group's member companies will be wholly owned by the company and merged into a wholly-owned subsidiary [1]

九方智投控股(09636)发布公告，内容有关(其中包括)收购目标公司JF Financial Company Limited(前称 Yintech Financial，"JF Financial")全部股权及核心信息系统。于本公告日期，完成收购事项的所有先决 条件已获达成。完成已于本公告日期作实。于完成后，目标集团的成员公司由公司持有100%，并合并 为公司的全资附属公司;及公司取得核心信息系统的所有权。 ...

Core Viewpoint - The company, Jiufang Zhitu Holdings, has completed the acquisition of JF Financial Company Limited, including its core information systems, with all preconditions met as of the announcement date [1]. Group 1 - The acquisition involves obtaining 100% ownership of the target group's member companies, which will be merged into the company as wholly-owned subsidiaries [1]. - The completion of the acquisition has been officially realized on the announcement date [1]. - The company has acquired full ownership of the core information systems associated with JF Financial [1].