Jiufang Intelligent Investment Holdings (09636.HK): Analysis of Explosive Growth Driven by AI and Market Dividends

Jiufang Intelligent Investment Holdings (09636.HK) is a popular target in the Hong Kong stock market with outstanding recent performance. Its core driving factors include AI technology application, performance growth, favorable market environment, and overseas layout [0].

• Stock Price Performance
  : From September 24, 2024 to August 2025, the cumulative increase reached 829.64%, hitting a historical high of HK$60 intraday, with a 52-week range of HK$19.41-HK$83.54 [0][1].
• Financial Performance
  : 2024 revenue was 2.306 billion yuan (+17.3%), net profit 272 million yuan (+42.8%); H1 2025 net profit is expected to be 830-870 million yuan, achieving significant growth [0][4].
• Leading AI Technology
  : Completed the private deployment of the DeepSeek large model, built an AI capability matrix centered on the Jiuzhang Securities large model, improving service efficiency and user experience [0][2].
• User Scale Expansion
  : Paid users reached 181,500 (+149.4%), MCN accounts 526 with 50.05 million followers, continuing to expand the user base [0][5].
• Overseas Strategic Layout
  : Acquired Yintech Financial to obtain multiple Hong Kong financial licenses, expanded digital asset services, opening up new growth space [0][2].

1. Deep Integration of AI and Investment Advisory Business
   : The application of AI technology not only improves the precision of investment advisory services but also reduces operational costs, becoming the core engine driving user growth and revenue increase [0][2].
2. Market Environment Resonance
   : The recovery of the A-share market has driven a surge in demand for investment advisory services, and the company, as a leading institution, directly benefits, forming a positive cycle between performance and stock price [0][3].
3. High Institutional Recognition
   : Soochow Securities gave a “Buy” rating, expecting 2025 net profit of 1.293 billion yuan, corresponding to 13x PE, indicating institutions’ recognition of its valuation rationality and growth potential [0][4].

• AI Technology Barrier
  : Continuous AI R&D investment is expected to consolidate the company’s leading position in the intelligent investment advisory field [0][2].
• Overseas Market Expansion
  : Obtaining Hong Kong financial licenses provides a channel for the company to enter the international market, with broad potential growth space [0][2].
• User Growth Potential
  : As investors’ demand for professional investment advisory services increases, the scale of paid users is expected to further expand [0][5].

• Market Volatility
  : As a high-growth stock, its price is easily affected by market sentiment, with short-term correction risks [0][1].
• Regulatory Policy Changes
  : The financial services industry is highly regulated, and policy adjustments may bring uncertainty to business operations [0][3].
• Intensified Competition
  : The intelligent investment advisory field is increasingly competitive, requiring continuous innovation to maintain advantages [0][2].

The explosive growth of Jiufang Intelligent Investment Holdings (09636.HK) benefits from multiple factors such as AI technology empowerment, performance improvement, favorable market environment, and overseas layout. The company is currently in a rapid development stage with positive institutional ratings, but investors need to pay attention to potential challenges like market volatility and regulatory risks. This analysis aims to provide objective information and does not constitute investment advice.