Group 1 - The financial technology sector is experiencing a decline, with the China Securities Financial Technology Theme Index dropping by 2.48% as of October 10, 2023, and many constituent stocks showing significant losses, such as Star Ring Technology-U down by 7.32% and Zhinancun down by 6.59% [1] - Despite the overall downturn, Advanced Digital Technology saw a counter-trend increase of 10.87%, indicating some stocks are performing well amidst the broader market decline [1] - The Baijia Financial Technology ETF (159851) has seen its market price drop over 2%, returning to the vicinity of the 60-day moving average, with a trading volume of nearly 500 million yuan and a net subscription of 62 million shares in real-time [1] Group 2 - Western Securities suggests that investors should continue to focus on the opportunities in the consumer-facing financial technology sector, driven by ample liquidity and improved risk appetite, with technology and traffic remaining core competitive drivers [3] - Minsheng Securities highlights a new wave of policy and innovation opportunities in financial technology, recommending attention to leading internet financial companies, financial technology vendors, securities IT vendors, and cross-border payment companies [3] - The financial technology ETF (159851) has a latest scale exceeding 12 billion yuan, with an average daily trading volume of over 1 billion yuan in the past month, indicating strong liquidity and market interest compared to other ETFs tracking the same index [3]

Event Highlights - The event focuses on compliance and growth opportunities for payment companies going global, analyzing global compliance and fintech development trends [3] - Key topics include enterprise credit, merchant authentication, and risk control innovations [3] - Attendees will gain insights into global payment and compliance trends, as well as practical solutions and collaboration opportunities with industry experts [3] Agenda Summary - The event will take place on October 17, 2025, from 14:00 to 17:00 at the Amazon Cloud Technology Life and Health Digital Empowerment Center in Shanghai [4] - The agenda includes opening remarks, presentations on IT compliance practices, risk intelligence-driven AML compliance, future financial architecture, and payment network innovations [4] LSEG World-Check Overview - LSEG World-Check has been providing accurate and reliable information for over 25 years, assisting financial institutions and regulated non-bank sectors in complying with mandatory KYC, AML, and anti-corruption regulations [9][11] - The database includes information on politically exposed persons (PEPs), state-owned entities, global sanctions lists, and negative media [13] - LSEG employs hundreds of researchers and analysts to gather and organize information from reputable sources, ensuring compliance and risk management [11][14]

Core Insights - New Horizon Company (0086.HK) announced a partnership with Australia's OIF Ventures to co-lead a $30 million Series A2 funding round for Pagaleve, a leading "buy now, pay later" (BNPL) fintech company in Brazil [1] - The funding round attracted new investors including Credit Saison and Endeavor Catalyst, along with continued support from existing shareholders [1] - Pagaleve holds a favorable position in Brazil's large installment payment market, effectively serving a significant population without credit cards or insufficient credit limits [1] - The company has seamlessly integrated the Pix instant payment system, providing flexible installment services to over 10,000 retailers and 5 million users [1]

深入分析比特币资金费率的风险点，2021年5月比特币单日暴跌30%的案例仍具警示意义，当时高杠杆叠加高位费率引发"踩踏式平仓"，超50万人爆仓。如 今，在金价屡创新高的市场环境中，比特币永续合约杠杆率已升至8倍，较9月均值上涨40%，费率风险再次积聚。对此，XBIT通过"动态杠杆调节"功能， 根据市场费率与波动情况自动调整杠杆倍数，将用户爆仓率控制在行业较低水平。同时，平台提供的"费率成本测算工具"，能根据用户持仓金额与周期，提 前预估手续费支出，帮助投资者在追逐"数字黄金"红利时，清晰掌握潜在成本。 对比黄金与比特币的定价逻辑差异，黄金以美元为标定货币，受宏观经济指标与央行购金行为长期支撑，而比特币虽被赋予"数字黄金"标签，却仍受衍生品 费率、监管政策等因素干扰，易出现与黄金走势背离的情形。例如2025年4月，比特币因"战略储备计划"短期上涨后，便因费率套利行为回吐全部涨幅，而 同期黄金持续走强。为应对这种差异，平台推出"跨资产分析模块"，整合黄金价格、比特币费率、宏观经济数据等多维信息，为用户提供联动交易策略建 议，帮助其在两种资产的波动中寻找确定性机会。 2025年10月，全球资产市场迎来历史性转折。伦 ...

（原标题：哥伦比亚企业亮相第四届全球数字贸易博览会） 据哥伦比亚《时代报》9月29日报道，来自巴西、智利、巴拿马与哥伦比亚的初创企业及风险投资 基金代表团亮相第四届全球数字贸易博览会，拓展科技与数字经济合作。其中，哥金融科技企业EFY 公司重点展示了一款融合法币与加密货币支付的跨境结算平台，支持实时支付、多币种兑换与合规监 管。公司创始人托邦表示，区块链实时支付正重塑金融格局，而亚洲已成为全球区块链与数字金融创新 高地，哥伦比亚等拉美国家希望借助数贸会，展示其在全球数字经济转型中的战略潜力，并加强与亚洲 市场的技术合作。 ...

Core Viewpoint - Tianyang Technology (300872.SZ) has signed an investment agreement to establish a joint venture company, Hangzhou Tianyang Tianrui Technology Co., Ltd., with Yang Junxiong, aimed at enhancing its strategic development and expanding its business operations in the financial technology sector [1][2]. Group 1 - The joint venture will have a registered capital of RMB 30 million, with Tianyang Technology contributing RMB 25.5 million for an 85% stake, making it a controlling subsidiary [1]. - Yang Junxiong will contribute RMB 4.5 million for a 15% stake in the joint venture [1]. - The joint venture aims to leverage Tianyang Technology's extensive client resources, industry experience, and technological capabilities in the financial sector to provide comprehensive solutions for capital market transaction management and risk control [2]. Group 2 - The primary business focus of the joint venture will be on operational services, consulting, and technology output, assisting financial institutions in their digital transformation and operational enhancement [2]. - The establishment of the joint venture aligns with the company's long-term strategic planning and is a response to actual business development needs [2].

Core Insights - OpenAI collaborates with Nvidia and AMD to establish a 10 GW and 6 GW computing power partnership, enhancing the AI ecosystem and promoting full-stack development [1][2] - The AI sector is witnessing significant investments, with $10 billion raised by xAI and Nvidia planning to invest $100 billion in AI infrastructure [2] - The financial technology sector is focusing on payment solutions, automotive finance, and digital assets, with companies like Lakala and Yixin enhancing their AI capabilities [3] Group 1: AI Development and Infrastructure - OpenAI's introduction of GPT-5-Codex enables autonomous completion of complex engineering tasks, while Sora2 aims to create a "generate-consume-interact" closed-loop ecosystem [2] - Nvidia and Fujitsu are collaborating to integrate Fujitsu's 2nm "MONAKA" CPU with Nvidia's GPU technology, targeting AI infrastructure across various sectors [2] - The AI investment landscape is expanding, with significant funding aimed at building supercomputing capabilities to support advanced AI applications [2] Group 2: Financial Technology Innovations - Lakala announced an upgrade to its payment solutions in collaboration with WeChat Pay, enhancing support for cross-border payment needs [3] - Yixin's "Yixin Smart Service" solution has improved operational efficiency in automotive finance by 70% through full-chain AI applications [3] - Jiufang Zhitu has acquired shares in EX.IO, leveraging compliance and Web3 technology to enhance overseas digital asset operations [3] Group 3: Investment Recommendations - The company recommends focusing on the brokerage industry's intelligent investment research and advisory services, particularly companies developing specialized models and related products [1] - There is optimism regarding the rapid implementation of intelligent customer service, marketing, and risk control in the consumer finance sector [1] - The banking and insurance industries are expected to benefit from large models enhancing research and development efficiency across various business scenarios [1] - The application of large models in the payment industry for merchant ordering and marketing is also seen as a promising area for investment [1]

（责任编辑：王治强 HF013） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 软银旗下PayPay收购币安日本(Binance Japan)40%的股份。双方将共同开发融合加密资产与支付功 能的新型金融服务，包括在Binance Japan App内支持以PayPay余额购买加密货币，以及加密资产出售后 直接提现至PayPay账户。 ...

联易融科技-W(09959)公布，2025年10月9日耗资约746.49万港元回购214万股股份。 ...

Core Viewpoint - Derin Holdings (01709) has seen a stock price increase of over 5%, currently trading at 3.42 HKD with a transaction volume of 175 million HKD, driven by the company's active development and expansion of its digital asset strategy focusing on tokenization of private equity from well-known tech companies [1] Group 1 - The company is concentrating on the tokenization of private equity from ByteDance, Payward, Inc. (Kraken), and E-Self.AI Ltd. (eSelf AI) [1] - Derin Holdings has recently acquired approximately 5.7 million USD in private equity investments through various investment funds or special purpose vehicles (SPVs) [1] - The aim of these private equity investments is to facilitate future Real World Asset (RWA) tokenization [1]