The Zhitong Finance App learned that Cathay Pacific Haitong released a research report saying that agents have penetrated into all walks of life and gradually became an Infra in the real world, pushing the fintech industry towards a new stage of intelligence. Fintech investment ushered in new opportunities, and recommended core companies benefiting from various segments: 1) Optimistic about increasing the quality and efficiency brought about by the large-scale implementation of agents in financial IT and increasing the quality and efficiency brought about by deep model empowerment. Furthermore, active market trading has increased the urgency of upgrading brokers' IT systems. 2) Optimistic about the development prospects of intelligent investment research and intelligent investment in the financial information service industry, and provide differentiated and intelligent information services to better meet investors' information needs. 3) Optimistic about smart payments to drive the transition of payment services from channel type to smart management type.
Cathay Pacific Haitong's main views are as follows:
From 2026/10/12 to 2026/10/23, the Fintech Index rose 1.66%. The Shanghai and Shenzhen 300 fell 4.91% during the same period; the Hong Kong Stock Fintech Index fell 4.93%, and the Hang Seng Tech Index fell 7.77% during the same period. Looking ahead to the future market, financial AI applications are being implemented at an accelerated pace. Financial scenarios have strong payment capabilities and high data density. We continue to be optimistic about the application of AI in the financial field.
Financial AI applications and governance are progressing simultaneously, and payment infrastructure construction continues to improve.
In terms of financial IT, it was proposed to refine programmatic transaction management rules in the previous issue; the FSB improved the financial AI governance framework and promoted financial AI platform construction and procurement; in terms of financial information services, CICC Wealth released “AI Smart Investment 50,” which increased the scale of bank financial management and increased the allocation ratio of public funds; in terms of third-party payments, Ant Mathematics and HSBC completed the verification of smart micropayment technology, and Visa's domestic clearing agency preparations and approval, and the digital yuan system and smart contract ecosystem framework were further improved. On the frontier side of overseas AI, the FIS anti-money laundering investigation agency opened commercial sales, Claude Duet opened up research and preview candidate applications, Today AI revealed that the cumulative financing has exceeded 200 million US dollars, and financial compliance and personal assistant applications continue to advance.
Individual stock AI products continue to be iterated, and cross-border layout and industrial investment are progressing in an orderly manner.
Individual stock news: Dongfang Wealth Miaoxiang Work and Tonghuashun Wealth Finance Work upgraded to promote the connection between financial data, analysis tools and task execution; Hang Seng Electronics launched investment and investment data analysis skills to expand service portals beyond terminals; and launched a digitally localized billing solution in Hong Kong, China to serve brands overseas. Individual stock announcement: La Cala plans to acquire a controlling interest in Gaofu Information to expand cross-border payment networks and customer coverage; continuously pledge 200 million yuan to participate in industrial funds to lay out semiconductors, AI and advanced manufacturing; Bohai Leasing has completed a share repurchase of about 200 million yuan, while following the progress of the Lianlian Bank Connect payment license renewal review.
Risk warning: AI model application risk; agent execution failure risk; market fluctuation risk.