Guotai Haitong: New opportunities emerge in fintech investment; focus on core companies benefiting in three sub-sectors.

Guotai Haitong released a research report stating that Agents are penetrating into all walks of life and gradually becoming the infrastructure of the real world, driving the fintech industry toward a new stage of intelligence with broad growth space, and fintech investment is ushering in new opportunities. It recommends core companies benefiting in each segmented field: 1) Bullish on the business system upgrade demand brought by the large-scale deployment of Agents in financial IT, coupled with the quality and efficiency improvements brought by the deep empowerment of large models; in addition, active market trading has increased the urgency of securities firms' IT system upgrades. 2) Bullish on the development prospects of intelligent investment research and intelligent investment advisory in the financial information services industry, providing differentiated and intelligent information services to better meet investors' information needs. 3) Bullish on agent-based payments driving payment services to leap from a channel-based model to an intelligent operation model.