HK Stock Market Move | JF SMARTINVEST(09636) rose over 5% in the afternoon, nearly quadrupling since the end of September. The company is a supplier of online investment decision solutions.

JF SMARTINVEST (09636) rose more than 5% in the afternoon, with a cumulative increase of over 370% since September 26. As of the time of writing, it is up 5.63% at HK$27.2, with a turnover of HK$154 million. Guotai Junan Securities pointed out that the number of new accounts opened in October greatly exceeded expectations, with activity levels approaching those of the second quarter of 2015. The timing of the disclosure also exceeded expectations. With individual investors driving the bull market, it is expected that stock market trading volumes and brokerage business may exceed historical assumptions in the coming years, with performance potentially exceeding expectations. The incremental investors entering the market in this round of rallies are mainly online, leading to increased differentiation in account opening situations among brokers. Those with strong online customer acquisition capabilities may benefit more. Sinolink noted that JF SMARTINVEST is a leading online investment decision-making solution provider in China, offering online investment advisory services and financial market information services. The company's subsidiary Jiu Zhang Securities offers services such as stock analysis, stock selection, consulting, investment education, and client services. The company has also developed "Jiu Ge" intelligent investment advisory DIGIHUMAN, which served approximately 257,000 clients in the first half of 2024, with a cumulative service of 15.83 million times. The company also launched a learning machine product in 2024, using AI capabilities to provide functions such as "intelligent investment advisory," "AI mind map," and "AI notes" to help investors improve their learning efficiency.