Core Insights - The asset management industry is undergoing structural changes in the era of index-based investment, focusing on achieving stable excess returns with controllable risks [2] - Index investing provides passive investors with low-cost, high-transparency allocation channels and opens new paradigms for traditional active investors through systematic, replicable, and verifiable research methodologies [2] - Wind is committed to reconstructing the investment research process using technology and data, launching the 2025 ALPHA Evolution - Alice AI Index Enhancement Competition to foster a professional platform for strategy development [2] Competition Overview - The competition runs from September 16, 2025, to December 31, 2025, and is open to all users of the Wind financial terminal [5] - Participants will focus on the CSI 800 Index, utilizing the Wind Alice AI Index Strategy Platform for index enhancement strategy research [6][8] - The competition will evaluate strategies based on their performance in a simulated trading environment, with awards based on annualized excess returns [9] Participation Details - Participants must use CSI 800 Index constituent stocks as the sample space for their enhancement strategies, and strategies based on other stock selections will not be eligible [8] - Once a strategy is submitted, it will be shared with other participants for modification and iteration [8] - The Wind Alice AI Index Strategy Platform offers a comprehensive solution for strategy generation, modeling, backtesting, result analysis, report output, and strategy optimization [11]

1. Index Trends - On September 10, the Shanghai Composite Index rose 0.13% to close at 3812.22 points, with a trading volume of 821.114 billion yuan; the Shenzhen Component Index rose 0.38% to close at 12557.68 points, with a trading volume of 1157.009 billion yuan [1]. - The CSI 1000 Index rose 0.06%, with a trading volume of 396.105 billion yuan. The opening price was 7214.23, the closing price was 7230.17, the highest price was 7296.0, and the lowest price was 7179.76 [1]. - The CSI 500 Index rose 0.05%, with a trading volume of 359.667 billion yuan. The opening price was 6911.11, the closing price was 6932.11, the highest price was 6977.77, and the lowest price was 6870.4 [1]. - The SSE 50 Index rose 0.37%, with a trading volume of 133.802 billion yuan. The opening price was 2928.11, the closing price was 2939.59, the highest price was 2954.44, and the lowest price was 2923.56 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 rose 4.14 points from the previous closing price. Sectors such as computer, communication, and electronics had a significant upward pull on the index, while sectors such as basic chemicals, machinery, and power equipment had a significant downward pull [2]. - The CSI 500 rose 3.14 points from the previous closing price. Sectors such as electronics, media, and national defense and military industry had a significant upward pull on the index, while sectors such as basic chemicals, pharmaceuticals, and power equipment had a significant downward pull [2]. - The SSE 300 rose 9.1 points from the previous closing price. Sectors such as electronics, communication, and computer had a significant upward pull on the index, while sectors such as pharmaceuticals, non - ferrous metals, and power equipment had a significant downward pull [2]. - The SSE 50 rose 10.96 points from the previous closing price. Sectors such as electronics, food and beverage, and communication had a significant upward pull on the index, while the non - banking financial sector had a significant downward pull [2]. 3. Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 48.92, IM01 had - 111.1, IM02 had - 256.62, and IM03 had - 440.96 [13]. - For IC contracts, IC00 had an average daily basis of - 45.02, IC01 had - 105.35, IC02 had - 219.54, and IC03 had - 367.48 [13]. - For IF contracts, IF00 had an average daily basis of - 9.15, IF01 had - 17.91, IF02 had - 37.36, and IF03 had - 57.04 [13]. - For IH contracts, IH00 had an average daily basis of - 1.43, IH01 had - 2.54, IH02 had - 2.66, and IH03 had - 0.32 [13]. 4. Stock Index Futures Roll - over Point Differences and Annualized Costs - For IC contracts, data on roll - over point differences and their annualized costs at different times are provided, such as at 09:45, IC00 - 01 was - 68.64222, IC00 - 02 was - 225.568, etc. [23]. - For IH contracts, data on roll - over point differences and their annualized costs at different times are provided, such as at 09:45, IH00 - 01 was 0.707, IH00 - 02 was 1.4593333, etc. [24]. - For IM contracts, data on roll - over point differences and their annualized costs at different times are provided, such as at 09:45, IM00 - 01 was - 73.02267, IM00 - 02 was - 259.4522, etc. [25]. - For IF contracts, data on roll - over point differences and their annualized costs at different times are provided, such as at 09:45, IF00 - 01 was - 12.31678, IF00 - 02 was - 41.14122, etc. [26].

Core Viewpoint - The launch of Huawei Mate XTs signifies a transformative moment for the financial industry, integrating advanced financial technology into a portable device, enhancing productivity and decision-making for finance professionals [1]. Group 1: Information Revolution - The shift from fragmented information to a comprehensive view is highlighted, allowing financial professionals to receive information proactively rather than searching for it [3][6][7]. - The introduction of Alice, a smart assistant, enables real-time updates on market conditions and alerts, streamlining the information-gathering process [5][6]. Group 2: Work Efficiency Transformation - The ability to generate detailed reports and summaries in a fraction of the time previously required represents a significant improvement in work efficiency [10][11]. - Financial analysts can now conduct live earnings call analyses and generate summaries within minutes, showcasing the enhanced capabilities of the new technology [9][16]. Group 3: Collaboration and Decision-Making Revolution - The new tools facilitate real-time collaboration and decision-making, allowing teams to access performance metrics and market reports instantly [12][14][15]. - The transition from traditional presentation methods to instant report generation during meetings reflects a major shift in operational efficiency within the financial sector [16]. Group 4: Future of Financial Tools - The future of productivity tools for finance professionals is moving away from traditional computers to portable, foldable devices, indicating a significant change in how financial tasks are approached [17].

Core Viewpoint - The launch of Huawei Mate XTs "Extraordinary Master" folding phone signifies a strategic collaboration with three leading companies: Wind, Tencent, and Feishu, highlighting the development of a comprehensive smart interconnectivity ecosystem based on HarmonyOS [1][3]. Group 1: Strategic Partnerships - The inclusion of Tencent represents immersive experiences in entertainment and social interaction [3]. - Feishu symbolizes new productivity in enterprise office and collaboration [3]. - Wind opens up possibilities for professional-grade industry applications, covering the entire user journey in work, life, and investment [3]. Group 2: Wind's Role - Wind's participation is particularly notable as it compresses a complete PC-level financial terminal into a mobile device, addressing the complex needs of financial professionals [4][10]. - The Mate XTs features a 10.2-inch display that allows users to access vast amounts of global data seamlessly [6]. - Multi-tasking capabilities enable users to view financial reports on one screen while accessing databases and market sentiment on another [7]. Group 3: AI Integration - Wind is revolutionizing the work of financial professionals with AI Agents that provide 24/7 assistance [11]. - The AI Briefing Agent delivers global market updates and stock alerts every morning [11]. - The Investment Morning Report Agent monitors global markets overnight and presents results at dawn [11]. Group 4: Future Vision - The collaboration of these three companies at the launch not only supports the Mate XTs but also points towards a future of cross-industry and cross-scenario smart interconnectivity [12]. - For Huawei, this initiative represents both a product and a strategic direction, while for Wind, it is an opportunity to showcase its capabilities [12]. - Users can expect smart devices to evolve from mere tools to integral ecological partners in their daily lives [12]. Group 5: Industry Impact - The Mate XTs folding phone is perceived as a new possibility for financial professionals, investors, and office workers [13]. - Wind's technology allows financial tasks to be performed on-the-go, effectively putting a PC in the user's pocket [13]. - Tencent enhances the immersive experience for entertainment, while Feishu facilitates efficient collaboration across different scenarios [13].

Core Viewpoint - Huawei has invited three strategic partners: Wind, Tencent, and Feishu, representing finance, entertainment, and collaboration, respectively, signaling the construction of a comprehensive smart interconnection ecosystem with the HarmonyOS [1][4]. Group 1: Why These Three Companies? - Tencent's involvement signifies an immersive experience in entertainment and social interaction [4]. - Feishu represents new productivity in enterprise office and collaboration [4]. - Wind opens up possibilities for professional-grade industry applications [4]. Group 2: Wind's Role - Wind's introduction is notable as it compresses a complete PC-level financial terminal into a smartphone, utilizing Huawei's Mate XTs foldable screen [8][10]. - The device features a 10.2-inch large screen for browsing vast data and multi-tasking capabilities, allowing simultaneous viewing of financial reports and databases [9]. - Instant generation of reports and data extraction is facilitated by the Alice series functions, enabling a seamless workflow for finance professionals [10]. Group 3: The Agent Revolution - Wind is transforming the work style of finance professionals with AI Agents that provide 24/7 assistance [11]. - Various agents are designed to deliver market updates, generate reports, and analyze performance, acting as personal research assistants [12]. - The future is envisioned as an era dominated by these agents, enhancing productivity and efficiency for finance professionals [12]. Group 4: Cross-Industry Innovation - Huawei's choice of these three companies reflects their leadership in finance, entertainment, and office collaboration, supporting the application of the foldable screen [14]. - The collaboration indicates a strategic move towards creating a cross-industry, all-scenario smart interconnection ecosystem [14]. - For users, this signifies a shift from tools to smart ecological partners in their daily lives [14]. Group 5: Future Implications - The Mate XTs foldable screen is positioned as a new possibility for finance, entertainment, and office collaboration sectors [15]. - Wind enables finance professionals to carry a PC in their pocket, while Tencent enhances immersive experiences, and Feishu facilitates efficient collaboration [15]. - The foldable device and its capabilities represent a significant advancement in how professionals interact with technology [15].

Core Viewpoint - The collaboration between Huawei and three strategic partners—Wind, Tencent, and Feishu—highlights the development of a comprehensive smart interconnectivity ecosystem, emphasizing the integration of finance, entertainment, and collaboration in the future of technology [3][17]. Group 1: Strategic Partnerships - Huawei's choice of Wind, Tencent, and Feishu as partners represents the pinnacle of their respective fields: finance, entertainment, and office collaboration [3][17]. - The presence of these companies at the launch signifies a commitment to creating a cross-industry, cross-scenario smart interconnectivity ecosystem, moving beyond just mobile devices [17]. Group 2: Wind's Role in Finance - Wind's integration with Huawei Mate XTs allows for a complete PC-level financial terminal experience within a mobile device, catering to the complex and high-frequency needs of finance professionals [8][19]. - The device features a 10.2-inch display for browsing vast amounts of data, multi-tasking capabilities for simultaneous tasks, and instant data generation through the Alice series, enhancing productivity [9][10]. Group 3: AI Agent Revolution - Wind is introducing AI Agents that transform the work processes of finance professionals, acting as personal research assistants and report generators available 24/7 [12][14]. - The future is envisioned as an era dominated by these Agents, with each finance professional potentially utilizing multiple Wind Agents for various tasks [15]. Group 4: Cross-Industry Innovation - The collaboration aims to enhance user experiences across different sectors: Wind makes finance portable, Tencent elevates immersive entertainment experiences, and Feishu facilitates efficient cross-scenario collaboration [19]. - The launch of the Mate XTs is positioned not just as a technological advancement but as a strategic move towards a future where smart devices serve as ecological partners rather than mere tools [17][19].

Core Viewpoint - The article highlights the innovative capabilities of Huawei's Mate XTs, a foldable smartphone that integrates financial technology, enabling a seamless workflow for finance professionals, transforming how they access and analyze data [1][7]. Group 1: Use Cases - Scenario 1: Traders can receive timely updates, such as Federal Reserve meeting minutes, with the device automatically organizing relevant stock information [2]. - Scenario 2: Analysts can conduct live earnings calls with real-time data analysis and automatic report generation, significantly reducing the time required for report preparation [4]. - Scenario 3: Fund managers can quickly generate and backtest investment strategies using the device, enhancing individual research efficiency [5]. - Scenario 4: Investment directors can conduct instant reviews of market performance and generate comprehensive reports without prior preparation [6]. Group 2: Technological Integration - The Huawei Mate XTs merges the functionalities of a smartphone and a PC, allowing finance professionals to manage their entire workflow on a single device [7]. - The Wind financial terminal app enhances the user experience by providing real-time data visualization and performance attribution, streamlining the decision-making process [7]. Group 3: Efficiency and Productivity - The integration of the Wind financial terminal with Huawei's device allows for unprecedented efficiency in financial analysis and reporting, enabling professionals to focus on strategic decision-making rather than data gathering [7]. - The article emphasizes that the combination of hardware and software solutions leads to a significant reduction in time spent on routine tasks, thereby increasing overall productivity for finance teams [4][7].

Core Viewpoint - The launch of Huawei Mate XTs signifies a transformative moment for the financial industry, integrating advanced financial technology into a portable device, enhancing productivity and decision-making for finance professionals [1]. Group 1: Information Revolution - The shift from fragmented information to a comprehensive view is highlighted, allowing financial professionals to receive information proactively rather than searching for it [3][6][7]. - The use of smart assistants like Alice enables real-time updates and summaries, significantly reducing the time spent on information gathering [5][6][10]. Group 2: Work Process Revolution - The ability to generate detailed reports and summaries in a fraction of the time previously required represents a major advancement in workflow efficiency [9][10][11]. - Financial professionals can now conduct analyses and generate presentations on-the-go, transforming traditional work practices [12][14][15]. Group 3: Collaboration and Decision-Making - Enhanced collaboration tools allow for real-time data sharing and performance tracking during meetings, streamlining the decision-making process [14][15]. - The integration of comprehensive financial terminals into mobile devices signifies a shift in how financial analysis and trading are conducted, moving away from traditional desktop setups [15].

Group 1 - The article highlights a series of upcoming online courses offered by Wind, focusing on various financial topics and strategies, aimed at global financial elites [2][3][5] - Courses include themes such as AI-powered market analysis, economic fundamentals of different countries, and investment strategies in sectors like rare earths and U.S. Treasuries [3][4][5] - The courses are scheduled throughout September 2025, with specific dates and times provided for each session, emphasizing the importance of timely registration [2][3][4] Group 2 - The article promotes the use of AI in financial analysis and investment strategies, indicating a trend towards integrating technology in traditional financial practices [3][5] - It mentions the significance of understanding global economic recovery trends, particularly in regions like Portugal and France, which may influence investment decisions [4][5] - The content aims to equip participants with practical insights and strategies to navigate the evolving financial landscape [6]

Core Insights - Wind continues to provide high-quality online courses for global users, with regular live sessions scheduled weekly [2] - The article highlights upcoming courses in September 2025 and exciting replays from August, aimed at helping users explore opportunities with global financial elites [2] Upcoming Courses - Theme: Decoding the Big Consumption Sector Landscape, exclusive insights from Alice Chat [3] - Theme: Alice Agent: Defining a New Era of Intelligent Options Research [3] - Theme: Rare Earths Surge: How to Position for the Next "Super Cycle" [3] - Theme: Goodbye Traditional Due Diligence: AI Precision Client Acquisition, 5-Minute Rapid Reports [3] Regional Economic Insights - Theme: AI-Based Analysis of the Russian Economic Fundamentals [4] - Theme: The Road to Economic Recovery in Portugal: Macroeconomic Drivers and Trend Analysis [4] - Theme: AI Insights into the French Financial Market: Data Overview and In-Depth Analysis [4] Additional Training Series - Theme: AI Credit Bond Research, Practical Verification of Data to Strategy [5] - Theme: Wealth Management Yield Indicators: Who is Leading? [5] - Theme: Institutional-Level Fundamental Dissection: Wind's In-Depth Resource Practical Guide [5] - Theme: How US Treasuries Influence Global Assets? Let Alice EDB Analyze for You [5]