Jiufang Intelligent Investment Holdings (09636.HK) Hot Stock Analysis Report

Jiufang Intelligent Investment Holdings (09636.HK) has recently become a hot stock, with the core catalyst being CMB International’s first coverage research report released on December 24, 2025, giving it a ‘Buy’ rating and an HK$65 target price [1][2]. The research report believes that the company effectively seizes the wave of retail investors entering the market through its large-scale multi-channel broadcast network matrix; the traffic model shifts from ‘platform-driven’ to ‘content-driven’ to enhance user engagement; its diversified products cover different customer groups, with an expected compound annual growth rate of 18% in revenue from 2025 to 2027 [1][2].

Other supporting factors include: The recovery of A-shares in the second half of 2025 drove an increase in new account openings, and young investors’ enthusiasm for entering the market is high, bringing increased demand to the third-party investment advisory industry [4]; the company was included in the FTSE China Small Cap Index in September 2025, which enhanced its visibility in the international capital market [3].

Although real-time price data is limited, combined with event background and catalyst analysis, CMB International’s rating usually has a short-term positive catalytic effect on stock prices, and trading volume is expected to increase significantly. If the effect is obvious, the stock price is expected to break through recent resistance levels [0].

1. Potential of Traffic Model Transformation
   : The company’s shift from a ‘platform-driven’ to a ‘content-driven’ traffic acquisition model aligns with current young investors’ preferences and may lay the foundation for long-term user growth and paid conversion [1][2].
2. Industry Resonance Effect
   : The industry trends of A-share market recovery and growth in new account openings resonate with the company’s service positioning, amplifying the impact of CMB International’s rating [4].
3. Long-term Impact of Index Inclusion
   : Inclusion in the FTSE China Small Cap Index may attract passive capital allocation and provide long-term support for the stock price [3].

• Risks
  : The third-party investment advisory industry is facing stricter regulation, and the company needs to pay attention to compliance risks [4]; performance is highly correlated with A-share market conditions, and if the market declines, revenue and profits may fluctuate [4]; the industry competition is fierce, and continuous improvement of content quality and user experience is required to cope with competition [0].
• Opportunities
  : Young investors’ enthusiasm for entering the market is high, and the company’s service models such as ‘live stock trading’ are close to user needs, which may further increase market share [4]; CMB International’s rating has increased market attention, which may drive the stock price up in the short term [1][2].

Jiufang Intelligent Investment Holdings (09636.HK) became a hot stock due to CMB International’s first coverage giving it a ‘Buy’ rating. Its traffic model transformation, industry trends, and index inclusion support its development prospects. Attention should be paid to regulatory, performance fluctuation, and competition risks, while seizing the possibilities of short-term catalysts and long-term development.