On March 21, the Hong Kong Wan Chai Convention and Exhibition Centre ushered in the grand opening of the "Futu Investment Exhibition". Futu Securities officially announced the access to DeepSeek-R1 at this exhibition and launched a series of upgraded artificial intelligence (AI) product functions. The exhibition is themed "smart" investment and has attracted the attention of many retail investors.
Li Hua, founder and chairman of Futu Securities, delivered an important speech at the exhibition. He mentioned that the newly launched Niu Niu AI will provide investors with more flexible services. Unlike the previous one-way "AI stock interpretation", Niu Niu AI can handle complex queries and become an intelligent assistant for investors, ready to support users' investment decisions at any time. For novice investors, when facing massive amounts of information, they can quickly obtain accurate stock analysis information by talking to Niu Niu AI. In the future, Niu Niu AI can even screen out appropriate investment targets from thousands of securities based on user needs.
In addition to Niu Niu AI, Futu has also launched a series of new functions such as new "opportunity" smart investment theme page, option strategy and program trading. For advanced investors, Futu will provide AI Algo Trading to help retail investors conduct quantitative transactions at lower costs and thresholds, and users can achieve automated transactions without keeping a watch on the market at all times.
Li Hua emphasized that to establish a valuable investment AI model, high-quality acquired training must be carried out. Futu will not only use external public information, but will also conduct algorithm training in combination with its own rich data resources, including market data, fundamental information, capital flow and macroeconomic data, etc., to improve Niu Niu AI's reasoning ability. At the same time, the data cited by Niu Niu AI will be strictly screened to ensure the authenticity of the information and reduce the occurrence of "AI hallucinations" problems.
In terms of finance, Futu's 2024 financial report recently released showed that its total revenue in Q4 was HK$4.433 billion (about US$571 million), an increase of 86.8% year-on-year. During this period, the number of registered users of Futuniu Niu and Moomoo apps reached 25.15 million, an increase of 16% year-on-year. Li Hua also mentioned that in the advancement of the internationalization strategy, Futu attaches importance to product strength and user needs and strives to overcome localization challenges.
Key points:
Futu has officially connected to DeepSeek-R1 and launched multiple upgraded AI investment functions to help retail investors.
Niu Niu AI can handle complex queries and help novice investors obtain accurate stock analysis information.
Futu released its 2024 financial report, with total revenue in Q4 increasing by 86.8% year-on-year, and the number of users continued to grow.