研報掘金丨申萬宏源:維持恆生電子“買入”評級,行業週期上行後有望快速修復業績
申萬宏源研究指出,恆生電子(600570.SH)子公司恆生聚源開發的WarrenQ智能投研平臺公告全面接入DeepSeek,並詳細展示了WarrenQ結合DeepSeek 在投研、投顧場景的使用案例。對比單純DeepSeek與WarrenQ+DeepSeek 的回答,WarrenQ內部高質量研報等資源對回答質量提升較大。根據已有案例,認爲WarrenQ+DeepSeek在金融行業投研、投顧、資產配置、估值等場景的可用性大幅提升。考慮到公司在證券、基金IT市場領軍地位不變,行業週期上行後有望快速修復業績,且AI相關產品已具備較強競爭力後續有望帶來新收入增量,維持“買入”評級。
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