Traders in Hong Kong are increasingly using AI agents to automate data analysis and execute investment strategies, signaling a shift in financial industry practices.
Key facts
- •Ryan Lei is a 27-year-old quantitative trader based in Hong Kong with nine years of investment experience.
- •Futu Securities launched an AI-driven "expert mode" in July to facilitate stock, option, and ETF trading.
- •AI agents allow traders to automate the collection and parsing of historical market data.
- •The use of AI in trading is being adopted by brokerages in both the US and Hong Kong to assist investors.
Quantitative traders in Hong Kong are leveraging artificial intelligence to expedite research and execute market positions. Ryan Lei, a 27-year-old trader, recently utilized AI agents from Futu Securities to analyze historical data for a technology IPO, a process that previously required days of manual labor.
AI Integration in Trading
Lei, who co-manages a seven-person proprietary quantitative trading team, noted that AI can complete workloads in a fraction of the time previously required. His recent use of AI-assisted research informed a short position that resulted in a profit of several thousand US dollars.
Brokerage Adoption of AI
Financial institutions are increasingly integrating AI to assist both individual and professional investors. In July, Hong Kong-based Futu Securities introduced an "expert mode" feature, which enables clients to perform research and place orders for stocks, options, and exchange-traded funds through natural-language instructions. Similar trends are observed in the US, where brokerages like Robinhood and Webull have integrated AI tools for their clients.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by SCMP Business.
