. 0666 U000 8 d 俞枫 我们始终坚持'先进替代而不是简单替代、先软件后硬件'的原则，将自主创新试点工作和公司信息系统 升级换代有机结合。" ◎刘禹希 记者 徐蔚 证券核心交易系统是券商最核心、最基础的IT设施。"传统证券行业核心交易系统主要基于小型机、 X86服务器等，采用以国外数据库为核心的传统架构，依赖国外厂商，面临风险。"俞枫认为，这种传 统架构以数据库为核心，无法满足数字化时代证券行业对交易系统可靠性、可用性、交易速度、吞吐量 及可扩展性等方面的新技术要求。 基于上述问题和风险，国泰海通自2018年起便开始研究布局新一代核心交易技术，以应对传统架构在安 全、性能与扩展性上的多重局限。2019年，国泰海通联合华为采用分布式架构、内存计算、可靠组播等 低时延技术，自主研发新一代核心交易系统。2022年，系统正式上线，平稳完成2000万客户的切换。 2024年，该系统迎来再升级，实现"横向全链路覆盖、纵向全栈自主"的双重突破：横向上，该系统实现 了从移动、桌面、网点、互联网接入、核心交易到灾备的全链路覆盖；在纵向上，则完成了从存储、交 换机、服务器到操作系统、数据库、中间件的全栈自主创新升级。 ...

2025年初以来，DeepSeek等大模型的横空出世，让券商行业掀起了一场静悄悄的AI革命。 这个假期，券商AI布局明显加速，智能投顾、智能交 易等新功能密集上线。 券商APP不再只是下单工具，它们正在变身为全天候的投资助手。 国泰海通证券推出新一代全AI智能APP"国泰海通灵犀"，在行业内率先基于通 用大模型构建了垂类大模型。 这款APP以"1个"君弘灵犀大模型为基石，辅以场景语料微调的N个场景模型，实现开闭源模型的融合和组合应用。 它用AI核心中枢替代传统功 能架构，突破综合APP体量重、功能复杂的痛点。 东吴证券在自研的"秀财APP"中推出拟人化智能服务官"AI小水滴"，并上线多轮对话投顾功能"AI看自选"。 该功能覆盖行情、早报、数据分析、 大事提醒等13个维度。 这些AI功能能够基于用户的自选股列表和投资偏好，生成个性化"自选日报"和投资建议。 东吴证券将其总结为"千人千面、千人千策、千人千 伴"。 AI在券商业务中的应用已呈现出"多点开花"的局面。 从财富管理到两融业务，从做市交易到投资者教育，AI技术正在全面赋能券商各项业务。 华泰证券在2025年半年报中表示，公司积极拥抱布局AI前沿技术，加快 ...

近日，券商中国记者在采访业内人士时了解到，AI应用场景已在券商财富管理业务中全面铺开，系统性地融入客户触 达、投顾决策、交易执行和运营管理等各个环节，并驱动行业竞争从"人海战术"向"人机协同"转变。 券商AI产品持续上新 券商中国记者注意到，自年初竞相本地化部署DeepSeek等大模型后，券商在财富管理业务中不断推动AI产品或应用上 新。 在APP侧，广发证券基于自主研发的天玑智融大模型，完成了对"易淘金APP"的AI原生化升级，打造了包含i助理-易小淘 Plus、i盯盘、i交易、i复盘、i资讯、i投顾、i智投、i账户等在内的十余项AI智能体模块；国泰海通推出新一代全AI智能 APP"国泰海通灵犀"，打造"对话、直播、盯盘"三大智能服务界面；财达证券股市通APP迭新，深度融合AI算法引擎，构 建"投前—投中—投后"全周期智能化解决方案，涵盖智能策略生成、风险动态预警、资产组合优化三大核心模块；东吴 证券秀财APP上线"AI看自选"功能，通过AI多轮对话、AIGC及个性化投研三大能力，满足用户对自选股的信息获取、深 度分析、投资决策与跟踪复盘等需求。 在投顾业务方面，国金证券推出AI投顾，上线AI选好股、AI持 ...

伴随数智化转型持续深化，越来越多券商持续提升"AI含量"——从智能客服到智能投顾，从智能交易到 智能运营，各类AI产品密集上新。 近日，证券时报记者在采访业内人士时了解到，AI应用场景已在券商财富管理业务中全面铺开，系统 性地融入客户触达、投顾决策、交易执行和运营管理等各个环节，并驱动行业竞争从"人海战术"向"人 机协同"转变。 当你感叹炒股APP的客服越来越懂你时，或许背后是人工智能（AI）已对你的行为模式"了如指掌"；当 你不用盯盘就可以自动完成股票的低买高卖，或许正是一行行代码在默默帮你捕捉行情…… 某沪上地区上市券商针对客服中心响应效率不足的问题，引入智能化能力辅助客服人员进行问答交互， 落地智能问答、智能质检、外呼陪练等应用，打造集IVR导航、坐席助手和全渠道服务于一体的智能化 平台。 券商AI产品持续上新 证券时报记者注意到，自年初竞相本地化部署DeepSeek等大模型后，券商在财富管理业务中不断推动 AI产品或应用上新。 在APP侧，广发证券（000776）基于自主研发的天玑智融大模型，完成了对"易淘金APP"的AI原生化升 级，打造了包含i助理-易小淘Plus、i盯盘、i交易、i复盘、i资讯、 ...

Group 1: AI and Wealth Management - AI is reshaping the wealth management industry by enhancing data intelligence, emotional resonance, and multi-body collaboration, showcasing a "humanized" companionship capability [4] - The application of AI in wealth management is becoming more mature, with 70% of institutional investors using AI tools, although only 7% are deep users, indicating significant potential for further exploration [5] - Ant Group's wealth management platform has upgraded to version 3.0, offering three professional AI assistants to better meet user needs across the entire wealth management chain [6] Group 2: Market Trends and Opportunities - By the end of 2024, China's personal financial assets are projected to reach 205 trillion, making it the second-largest wealth management market globally, with a compound annual growth rate of around 10% over the next five years [3] - The integration of AI in financial technology is expected to benefit global markets, with Ant Group's security product, Ant Shield, already serving over 20 countries [6] - The launch of various AI-driven financial products, such as Alipay AI payment and smart insurance advisor Ant Xiaobao, highlights the growing importance of AI in enhancing user experience in financial services [6]

Core Insights - The personal financial assets in China, exceeding 200 trillion yuan, are undergoing a significant shift driven by the AI wave, with banks, brokerages, and internet giants competing fiercely for customer traffic through AI-driven wealth management platforms and embedded intelligent advisory services [2][8] Group 1: AI Integration in Wealth Management - Ant Group announced the upgrade of its Wealth Open Platform 3.0, introducing three AI assistants for financial institutions and content creators, which have already been registered by over a hundred financial institutions [2][6] - The "AI + investment" approach has become a key tool for open wealth management platforms, with major brokerages like Guotai Junan launching fully AI-driven apps to enhance content production and real-time interaction [2][8] - The application of AI in investment research is evolving, with firms like E Fund utilizing AI to enhance research efficiency and signal extraction from vast data [5][10] Group 2: Market Trends and Growth Potential - According to McKinsey, China's personal financial assets are projected to reach 205 trillion yuan by the end of 2024, making it the second-largest wealth management market globally, with a compound annual growth rate of around 10% over the next five years [8] - The shift towards AI-driven services is transforming the wealth management landscape, moving from product-centric to customer-centric lifecycle services [8][9] Group 3: Challenges and Opportunities - Despite the growing use of AI tools among institutions, only 7% of users are deeply utilizing these tools, indicating a need for more specialized AI applications [3][10] - The integration of AI in wealth management is expected to enhance efficiency and transparency, addressing traditional limitations in personalized service and post-investment tracking [5][10]

Core Viewpoint - The article highlights the significant growth in the user activity of securities apps, driven by a bullish A-share market and the increasing demand for diversified wealth management solutions among investors [1][6]. User Activity Growth - As of July 2025, the number of active users of securities apps reached 167 million, marking a 20.89% year-on-year increase [6]. - The top ten securities apps accounted for 63% of the market share, with Tonghuashun leading at 35.01 million active users, followed by Dongfang Caifu and Dazhihui with 17.14 million and 11.91 million users respectively [7]. Competitive Landscape - The competition among securities apps is becoming increasingly differentiated, with Tonghuashun and Dongfang Caifu leveraging their unique features to attract users [9]. - Smaller brokerages like Guohai Securities and Chengtong Securities have also seen rapid growth in user activity, indicating a competitive market environment [10]. AI Integration - The integration of AI technology into securities apps is a key trend, with firms like Guangfa Securities and Guotai Haitong leading the way in developing AI-native applications [12][13]. - AI-driven features are expected to enhance user experience and operational efficiency, providing personalized investment advice and improving customer interaction rates [14]. Market Dynamics - The article notes a shift from traditional tools to intelligent solutions in the securities app market, reflecting a broader trend towards digital transformation in financial services [13]. - The increasing preference for comprehensive and mature platforms among investors indicates a strengthening of the "Matthew Effect," where leading apps continue to dominate the market [7][10].

Group 1 - The core event is the launch of the "818 Wealth Management Festival" by Guotai Junan, featuring a special program "Financial Broadcast 10 Hours, Smart Investment AI New Quality" that focuses on A-share market investment hotspots and emerging industries [1] - The program aims to help investors grasp trends, optimize allocation methods, and establish correct investment concepts such as rational, long-term, and value investing [1] - The event includes a live interaction segment where chief investment advisors engage with investors to address their concerns, enhancing trust and connection between clients and the platform [1] Group 2 - Guotai Junan has introduced a new generation of AI-driven app, Guotai Junan Lingxi, which integrates large model technology and intelligent investment services to improve service efficiency and optimize customer investment experience [4] - The app offers 24/7 smart live streaming services and utilizes digital human technology to create a diverse content production matrix, providing an immersive experience for investors [4] - The app features three intelligent service interfaces: dialogue, live streaming, and market monitoring, reshaping customer service paradigms and upgrading smart wealth management experiences [4] Group 3 - The company has established a "Wealth Management Dream Factory" to standardize the selection and training of investment advisors, creating a matrix of star investment advisor IPs and a rich series of content [6] - Investment advisor IPs participate in special live broadcasts to answer investor questions and promote asset allocation thinking through educational programs [6] - The company is exploring the best pathways for converting public traffic to private traffic, thereby expanding the effectiveness of professional services [6] Group 4 - Guotai Junan aims to continue leveraging its "professional + technology" advantage to reshape wealth management service paradigms and enhance clients' long-term investment success rates [9] - The company is committed to becoming a leading domestic and internationally recognized comprehensive wealth management institution, contributing to the high-quality development of the capital market [9]

Core Insights - The A-share market is experiencing increased activity, prompting brokerages to focus on upgrading their trading apps, particularly through AI integration [2][3] - Leading brokerages are adopting an "All in AI" strategy, aiming to transform service models from standardized offerings to intelligent customization [3][4] - The competition among brokerages has shifted from merely adding features to a customer-centric service logic reconstruction, emphasizing the integration of AI throughout the app [5] Industry Trends - The number of active users for securities apps is projected to reach 988 million by mid-2025, with a year-on-year growth of 15.92% [4] - The focus of recent updates in securities apps includes functionality optimization, user experience enhancement, and the addition of new intelligent features [4] - The ability to provide intelligent services is becoming a key competitive advantage, with top brokerages enhancing their AI capabilities to improve user retention [4][5] Technological Developments - Major brokerages like Guotai Junan and GF Securities are leading the way in AI integration, with Guotai Junan launching the first fully AI-driven app [3][6] - Smaller brokerages are also entering the AI space, with products like Jianghai Securities' "Combination Home" app focusing on active thematic investments [3][6] - The development of AI-driven advisory services aims to address traditional limitations in wealth management, such as service radius and personalized investment needs [6][7] Target Demographics - The Z generation, defined as individuals born between 1995 and 2009, is reshaping brokerage services with their unique demands for AI functionalities that are scenario-based, personalized, social, and gamified [8][9] - Z generation investors prefer non-intrusive interactions, seeking a seamless experience that avoids excessive notifications while providing valuable insights [8][9] - Brokerages are creating innovative platforms and engaging content to attract younger clients, such as GF Securities' "Yuanshi Stock" app and Galaxy Securities' "Manta" app [8][9]

Core Viewpoint - The article discusses the significant upgrades in securities trading apps by brokerages in response to the increasing activity in the A-share market, emphasizing the integration of AI to enhance user experience and meet the evolving needs of Generation Z investors [2][4]. Group 1: Market Activity and Brokerage Response - The A-share market has seen a notable increase in activity, prompting brokerages to focus on upgrading their trading apps, which are frequently used by investors [2][4]. - Leading brokerages are adopting an "All in AI" strategy, with firms like Guotai Junan launching the first fully AI-driven app to address issues related to app complexity and service standardization [4][5]. - The number of active users for securities apps is projected to reach 988 million by mid-2025, reflecting a year-on-year growth of 15.92% [5]. Group 2: AI Integration and Service Transformation - Brokerages are shifting from merely adding features to rethinking service delivery through AI, aiming to create platforms that are intelligent, user-friendly, and business-aware [4][5]. - AI capabilities are being leveraged to enhance user engagement and retention, with a focus on personalized investment services that adapt to individual user needs [5][6]. - The competition among brokerages is evolving towards a customer-centric service model, where the integration of AI throughout the app's processes is crucial for attracting and retaining users [5][6]. Group 3: Addressing Pain Points in Wealth Management - Brokerages are addressing key pain points in wealth management, such as limited service reach, inability to meet personalized investment needs, and inefficiencies in data processing [7][8]. - New AI-driven features are being introduced, such as deep dialogue capabilities and personalized investment advice, to enhance user experience and provide timely support [8][9]. - The development of a comprehensive intelligent system for capturing user needs and dynamically adjusting investment strategies is being prioritized by brokerages [8][9]. Group 4: Catering to Generation Z - Generation Z, comprising approximately 300 million individuals in China, is reshaping brokerage services with their unique preferences for scene-based, personalized, and interactive investment experiences [11][12]. - Brokerages are focusing on creating engaging and practical AI functionalities that resonate with younger investors, emphasizing a non-intrusive interaction style [11][12]. - Innovative platforms targeting Generation Z, such as Guangfa's Yuan Shi Gu app, are being developed to attract younger clients through gamified and educational approaches [11][12].