Core Insights - The A-share market continues to show strength, with all three major indices reaching new highs for the year, indicating increased trading activity [2] - JD Finance hosted an investment strategy conference focusing on global asset allocation opportunities and wealth management service upgrades, highlighting the growing participation of younger investors [2] User Demographics - The platform has seen a significant increase in young investors, with those aged 25-35 making up 40% and those aged 18-25 accounting for 20%, together representing over half of the investor base [3] - The growth in fund investment is driven by the Z generation, particularly those born in the 1990s and 2000s [2][3] Investment Trends - Fund business on JD Finance is experiencing both quantitative and qualitative growth, with new user numbers increasing by 58% year-on-year and trading user numbers up by 47% as of July 2025 [3] - Investors are showing a preference for diverse product offerings, with active equity funds and index funds comprising 68% of investments, while stable bond funds and "fixed income+" products account for 20% combined [3] Regional Insights - The most active fund-buying provinces are Guangdong, Jiangsu, and Beijing, indicating a strong correlation between economic vitality and investment enthusiasm [4] Service Transformation - JD Finance is transitioning from a "fund sales platform" to an "asset allocation service provider," focusing on enhancing the role of equity funds in wealth management [5] - The company is developing a refined fund classification system and an evaluation matrix covering nearly a thousand sub-sectors to assist investors in selecting quality products [5] Service Optimization - The platform is enhancing the investment experience through professional tools and supportive services, aiming to improve portfolio diagnostics and trading strategies [6] - JD Finance emphasizes a "investor-centric" service philosophy, leveraging technology and professional services to create more value for investors [6]