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I., An, J., Burke, R., Cao, M., Chien, C. Y., Deng, K., &#8230; &amp; Zheng, W. (2025). <em>Agentic artificial intelligence in finance: A comprehensive survey<\/em> [Working paper].<\/p>\n<p>\u6ce82\uff1aCohen, L., Lu, Y., &amp; Nguyen, Q. H. (2026). <em>Mimicking finance<\/em> (NBER Working Paper No. 34849). National Bureau of Economic Research.<\/p>\n<p>\u6ce83\uff1aDou, W. W., Goldstein, I., &amp; Ji, Y. (2025). <em>AI-powered trading, algorithmic collusion, and price efficiency<\/em> (NBER Working Paper No. 34054). National Bureau of Economic Research.<\/p>\n<p>\u6ce84\uff1aGu, S., Kelly, B., &amp; Xiu, D. (2020). Empirical asset pricing via machine learning. <em>The Review of Financial Studies<\/em>, <em>33<\/em>(5), 2223\u20132273.<\/p>\n<p>\u6ce85\uff1aFabozzi, F. A., &amp; L\u00f3pez de Prado, M. (2025). Implementing AI Foundation Models in Asset Management: A Practical Guide.\u00a0<em>Journal of Portfolio Management<\/em>,\u00a0<em>52<\/em>(2).<\/p>\n<p>\u6ce86\uff1aMo, H., &amp; Ouyang, S. (2025). (Generative) AI in financial economics. <em>Journal of Chinese Economic and Business Studies<\/em>, <em>23<\/em>(4), 509\u2013587.<\/p>\n<p>\u6ce87\uff1aInternational Monetary Fund. (2024). <em>Global financial stability report<\/em>. <span><a href=\"https:\/\/www.imf.org\/-\/media\/files\/publications\/gfsr\/2024\/october\/english\/textrevised.pdf\">https:\/\/www.imf.org\/-\/media\/files\/publications\/gfsr\/2024\/october\/english\/textrevised.pdf<\/a><\/span><\/p>\n<p>\u6ce88\uff1aWorld Economic Forum. (2025). <em>AI in action: Beyond experimentation to transform industry<\/em>. AI Governance Alliance, in collaboration with Accenture.<\/p>\n<p><strong>\u5b5f\u5a67\u6db5\u535a\u58eb<\/strong><br 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Noor\u9879\u76ee\uff0c\u805a\u7126\u4e8e\u751f\u6210\u5f0fAI\u53ca\u9ad8\u7ea7\u7b97\u6cd5\u6a21\u578b\u5728\u91d1\u878d\u4f53\u7cfb\u7684\u5e94\u7528\uff0c\u4ee5\u89e3\u51b3AI\u53ef\u89e3\u91ca\u6027\uff08explainability\uff09\u96be\u9898\u3002\u8fd9\u610f\u5473\u76d1\u7ba1\u601d\u8def\u5df2\u4e0d\u53ea\u8981\u6c42\u673a\u6784\u89e3\u91caAI\uff0c\u800c\u662f\u5f00\u59cb\u63d0\u5347\u76d1\u7763\u8005\u672c\u8eab\u770b\u61c2\u9ed1\u76d2\u7684\u80fd\u529b\u3002\u52302026\u5e743\u6708\uff0c\u9999\u6e2f\u53c8\u628a\u6c99\u76d2\u5347\u7ea7\u4e3a\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2++\uff0c\u5c06\u8303\u56f4\u6269\u5c55\u81f3\u8bc1\u5238\u3001\u8d44\u4ea7\u7ba1\u7406\u3001\u4fdd\u9669\u53ca\u5f3a\u79ef\u91d1\u7b49\u9886\u57df\uff0c\u4ee4\u6c99\u76d2\u4e0d\u518d\u53ea\u662f\u8bd5\u9a8c\u573a\uff0c\u800c\u662f\u76d1\u7ba1\u8005\u4e0e\u5e02\u573a\u5171\u540c\u754c\u5b9a\u5b89\u5168\u8fb9\u754c\u7684\u5236\u5ea6\u5de5\u7a0b\u3002 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drift\uff09\u80fd\u5426\u53ca\u65f6\u53d1\u73b0\uff0c\u5fc5\u8981\u65f6\u80fd\u5426\u7531\u4eba\u624b\u4ecb\u5165\u6216\u7d27\u6025\u505c\u7528\u3002\u672a\u6765\u8d44\u4ea7\u7ba1\u7406\u4e1a\u7684\u7ade\u4e89\uff0c\u6bd4\u62fc\u7684\u4e0d\u53ea\u662f\u6a21\u578b\u9884\u6d4b\u529b\uff0c\u4e5f\u662f\u5728\u6bd4\u62fc\u673a\u6784\u80fd\u5426\u628a\u6a21\u578b\u98ce\u9669\u7eb3\u5165\u7ba1\u6cbb\u6846\u67b6\u4e4b\u5185\u3002 \u4ee5\u63d0\u5347\u963f\u5c14\u6cd5\u7684\u53ef\u4fe1\u5ea6\u4e3a\u76ee\u6807 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\u5f52\u6839\u7a76\u67e2\uff0c\u82e5\u5e02\u573a\u6700\u7ec8\u628a\u900f\u660e\u5ea6\u3001\u53ef\u95ee\u8d23\u6027\u4e0e\u7ba1\u6cbb\u6210\u719f\u5ea6\u89c6\u4e3a\u503c\u5f97\u4ed8\u8d39\u7684\u5c5e\u6027\uff0c\u90a3\u4e48\u201c\u4fe1\u4efb\u201d\u672c\u8eab\uff0c\u4fbf\u53ef\u80fd\u6210\u4e3a\u4e0b\u4e00\u4ee3\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u6700\u91cd\u8981\u7684\u65e0\u5f62\u8d44\u4ea7\u3002\u9999\u6e2f\u8981\u5bfb\u627e\u7684\uff0c\u4e0d\u53ea\u662f\u66f4\u9ad8\u7684\u963f\u5c14\u6cd5\uff0c\u800c\u662f\u66f4\u503c\u5f97\u5168\u7403\u8d44\u672c\u4fe1\u4efb\u7684\u963f\u5c14\u6cd5\u3002 \u6ce81\uff1aAldridge, I., An, J., Burke, R., Cao, M., Chien, C. Y., Deng, K., ... &amp; Zheng, W. (2025). Agentic artificial intelligence in finance: A comprehensive survey [Working\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"google-site-verification\" content=\"google-site-verification=MjdkluDgHpNk2vz5slbwER2Gusw2rUDQuVULMERWzLo\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/seeking-responsible-alpha-navigating-generative-ai-and-financial-regulation\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.2.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"HKU Business School -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"\u5bfb\u627e\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\uff1a\u5e73\u8861\u751f\u6210\u5f0fAI\u4e0e\u91d1\u878d\u76d1\u7ba1\u4e4b\u9053 - HKU Business School\" \/>\n\t\t<meta property=\"og:description\" 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\u4ece\u8ffd\u9010\u963f\u5c14\u6cd5\u5230\u8ffd\u6c42\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d \u6b63\u56e0\u5982\u6b64\uff0c\u7b14\u8005\u63d0\u51fa\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\uff08responsible alpha\uff09\u8fd9\u4e2a\u6982\u5ff5\u3002\u672a\u6765\u6709\u4ef7\u503c\u7684\u963f\u5c14\u6cd5\uff0c\u4e0d\u5e94\u53ea\u662f\u5728\u77ed\u671f\u5185\u8dd1\u8d62\u5e02\u573a\uff0c\u800c\u5e94\u7f6e\u4e8e\u53ef\u89e3\u91ca\u3001\u53ef\u5ba1\u8ba1\u3001\u53ef\u5e72\u9884\uff0c\u4e14\u4e0d\u81f4\u8fc7\u5ea6\u653e\u5927\u7cfb\u7edf\u6027\u98ce\u9669\u7684\u8fb9\u754c\u5185\u3002\u6362\u8a00\u4e4b\uff0c\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\u4e0d\u628a\u98ce\u9669\u63a7\u5236\u89c6\u4e3a\u9644\u5e26\u6761\u4ef6\uff0c\u800c\u662f\u628a\u53ef\u7ba1\u6cbb\u6027\u5185\u751f\u4e3a\u963f\u5c14\u6cd5\u7684\u4e00\u90e8\u5206\u3002\u5f53\u4fe1\u53f7\u63d0\u53d6\u65e5\u76ca\u5546\u54c1\u5316\uff0c\u771f\u6b63\u7a00\u7f3a\u7684\u80fd\u529b\uff0c\u5c06\u4e0d\u518d\u53ea\u662f\u5efa\u51fa\u66f4\u4e0d\u900f\u660e\u7684\u9ed1\u76d2\uff0c\u800c\u662f\u8bc1\u660e\u81ea\u5df1\u7684AI\u4f55\u4ee5\u53ef\u4fe1\uff1a\u5b83\u7528\u4e86\u4ec0\u4e48\u6570\u636e\u3001\u7ecf\u8fc7\u4ec0\u4e48\u5de5\u4f5c\u6d41\u7a0b\u3001\u8c01\u53ef\u4ee5\u590d\u6838\u3001\u51fa\u4e86\u95ee\u9898\u8c01\u80fd\u4e2d\u6b62\u3002\u5f53\u963f\u5c14\u6cd5\u6108\u6765\u6108\u50cf\u53ef\u590d\u5236\u7684\u516c\u5171\u6280\u672f\uff0c\u7ba1\u6cbb\u80fd\u529b\u3001\u5ba1\u8ba1\u80fd\u529b\u4e0e\u4eba\u624b\u4ecb\u5165\u80fd\u529b\uff0c\u53cd\u800c\u53ef\u80fd\u6210\u4e3a\u65b0\u7684\u79c1\u4eba\u62a4\u57ce\u6cb3\u3002\u3010\u6ce85\u3011 \u9999\u6e2f\u8fd1\u4e24\u5e74\u7684\u653f\u7b56\u65b9\u5411\uff0c\u6070\u597d\u4e3a\u8fd9\u79cd\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\u63d0\u4f9b\u4e86\u5236\u5ea6\u571f\u58e4\u30022024\u5e748\u6708\uff0c\u9999\u6e2f\u91d1\u878d\u7ba1\u7406\u5c40\u8054\u540c\u6570\u7801\u6e2f\u63a8\u51fa\u9996\u4e2a\u201c\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2\u201d\uff0c\u660e\u786e\u63d0\u51fa\u4ee5\u98ce\u9669\u4e3a\u672c\u7684\u539f\u5219\uff0c\u5f3a\u8c03\u9ad8\u98ce\u9669\u51b3\u7b56\u987b\u4fdd\u7559\u201c\u4eba\u5728\u73af\u4e2d\u201d\uff08human-in-the-loop\uff09\u6a21\u5f0f\u30022025\u5e748\u6708\uff0c\u56fd\u9645\u7ed3\u7b97\u94f6\u884c\uff08BIS\uff09\u521b\u65b0\u67a2\u7ebd\u9999\u6e2f\u4e2d\u5fc3\u3001\u91d1\u7ba1\u5c40\u4e0e\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u63a8\u51fa Noor\u9879\u76ee\uff0c\u805a\u7126\u4e8e\u751f\u6210\u5f0fAI\u53ca\u9ad8\u7ea7\u7b97\u6cd5\u6a21\u578b\u5728\u91d1\u878d\u4f53\u7cfb\u7684\u5e94\u7528\uff0c\u4ee5\u89e3\u51b3AI\u53ef\u89e3\u91ca\u6027\uff08explainability\uff09\u96be\u9898\u3002\u8fd9\u610f\u5473\u76d1\u7ba1\u601d\u8def\u5df2\u4e0d\u53ea\u8981\u6c42\u673a\u6784\u89e3\u91caAI\uff0c\u800c\u662f\u5f00\u59cb\u63d0\u5347\u76d1\u7763\u8005\u672c\u8eab\u770b\u61c2\u9ed1\u76d2\u7684\u80fd\u529b\u3002\u52302026\u5e743\u6708\uff0c\u9999\u6e2f\u53c8\u628a\u6c99\u76d2\u5347\u7ea7\u4e3a\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2++\uff0c\u5c06\u8303\u56f4\u6269\u5c55\u81f3\u8bc1\u5238\u3001\u8d44\u4ea7\u7ba1\u7406\u3001\u4fdd\u9669\u53ca\u5f3a\u79ef\u91d1\u7b49\u9886\u57df\uff0c\u4ee4\u6c99\u76d2\u4e0d\u518d\u53ea\u662f\u8bd5\u9a8c\u573a\uff0c\u800c\u662f\u76d1\u7ba1\u8005\u4e0e\u5e02\u573a\u5171\u540c\u754c\u5b9a\u5b89\u5168\u8fb9\u754c\u7684\u5236\u5ea6\u5de5\u7a0b\u3002 \u5f53\u7136\uff0c\u6c99\u76d2\u7684\u63a8\u51fa\u4e0d\u80fd\u53ea\u662f\u4e00\u4e2a\u5c55\u793a\u521b\u65b0\u7684\u62db\u724c\uff0c\u800c\u662f\u8981\u6210\u4e3a\u9a8c\u8bc1\u7ba1\u6cbb\u80fd\u529b\u7684\u8bd5\u9a8c\u573a\u3002\u5bf9\u4ee3\u7406\u5f0fAI\u4e0e\u91cf\u5316\u6a21\u578b\u800c\u8a00\uff0c\u771f\u6b63\u8981\u6d4b\u8bd5\u7684\uff0c\u4e0d\u53ea\u662f\u6a21\u578b\u51c6\u786e\u7387\uff0c\u800c\u662f\u6574\u6761\u98ce\u9669\u7ba1\u7406\u94fe\uff1a\u6570\u636e\u80fd\u5426\u8ffd\u6eaf\u3001\u7248\u672c\u66f4\u65b0\u6709\u5426\u7559\u75d5\u3001\u538b\u529b\u60c5\u666f\u4e0b\u4f1a\u5426\u540c\u6b65\u64a4\u5355\u3001\u6a21\u578b\u6f02\u79fb\uff08model drift\uff09\u80fd\u5426\u53ca\u65f6\u53d1\u73b0\uff0c\u5fc5\u8981\u65f6\u80fd\u5426\u7531\u4eba\u624b\u4ecb\u5165\u6216\u7d27\u6025\u505c\u7528\u3002\u672a\u6765\u8d44\u4ea7\u7ba1\u7406\u4e1a\u7684\u7ade\u4e89\uff0c\u6bd4\u62fc\u7684\u4e0d\u53ea\u662f\u6a21\u578b\u9884\u6d4b\u529b\uff0c\u4e5f\u662f\u5728\u6bd4\u62fc\u673a\u6784\u80fd\u5426\u628a\u6a21\u578b\u98ce\u9669\u7eb3\u5165\u7ba1\u6cbb\u6846\u67b6\u4e4b\u5185\u3002 \u4ee5\u63d0\u5347\u963f\u5c14\u6cd5\u7684\u53ef\u4fe1\u5ea6\u4e3a\u76ee\u6807 \u4e0b\u4e00\u8f6e\u91d1\u878d\u7ade\u4e89\uff0c\u6bd4\u62fc\u7684\u66f4\u4e0d\u53ea\u662f\u8c01\u66f4\u65e9\u7528\u4e0aAI\uff0c\u800c\u662f\u8c01\u80fd\u66f4\u65e9\u8bc1\u660e\uff1a\u81ea\u5df1\u7684AI\u5728\u8d5a\u94b1\u65f6\u53ef\u9760\uff0c\u5728\u5931\u7075\u65f6\u53ef\u63a7\u30022025\u5e74\u4e16\u754c\u7ecf\u6d4e\u8bba\u575b\u767d\u76ae\u4e66\u63d0\u9192\uff0c\u8bb8\u591a\u673a\u6784\u5176\u5b9e\u4ecd\u5904\u4e8e\u7531\u8bd5\u9a8c\u8d70\u5411\u89c4\u6a21\u5316\u843d\u5730\u7684\u8fc7\u6e21\u9636\u6bb5\uff1b\u771f\u6b63\u51b3\u5b9a\u6210\u8d25\u7684\uff0c\u5f80\u5f80\u4e0d\u662f\u6a21\u578b\u672c\u8eab\uff0c\u800c\u662f\u4fe1\u4efb\u3001\u81ea\u6211\u7ba1\u6cbb\u3001\u4eba\u624d\u3001\u7f51\u7edc\u5b89\u5168\u4e0e\u6570\u7801\u57fa\u5efa\u662f\u5426\u5230\u4f4d\u3002\u3010\u6ce88\u3011\u4ece\u8fd9\u4e2a\u89d2\u5ea6\u770b\uff0c\u9999\u6e2f\u7684\u6f5c\u5728\u4f18\u52bf\uff0c\u4e0d\u4ec5\u5728\u4e8e\u66f4\u65e9\u90e8\u7f72AI\uff0c\u66f4\u5728\u4e8e\u66f4\u65e9\u7684\u628a\u6a21\u578b\u6cbb\u7406\u3001\u538b\u529b\u6d4b\u8bd5\u3001\u5ba1\u8ba1\u8f68\u8ff9\u4e0e\u4eba\u624b\u4ecb\u5165\u673a\u5236\uff0c\u9010\u6b65\u5236\u5ea6\u5316\u4e3a\u8de8\u5e02\u573a\u3001\u8de8\u76d1\u7ba1\u3001\u8de8\u673a\u6784\u7684\u5171\u540c\u8bed\u8a00\u3002 \u5f52\u6839\u7a76\u67e2\uff0c\u82e5\u5e02\u573a\u6700\u7ec8\u628a\u900f\u660e\u5ea6\u3001\u53ef\u95ee\u8d23\u6027\u4e0e\u7ba1\u6cbb\u6210\u719f\u5ea6\u89c6\u4e3a\u503c\u5f97\u4ed8\u8d39\u7684\u5c5e\u6027\uff0c\u90a3\u4e48\u201c\u4fe1\u4efb\u201d\u672c\u8eab\uff0c\u4fbf\u53ef\u80fd\u6210\u4e3a\u4e0b\u4e00\u4ee3\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u6700\u91cd\u8981\u7684\u65e0\u5f62\u8d44\u4ea7\u3002\u9999\u6e2f\u8981\u5bfb\u627e\u7684\uff0c\u4e0d\u53ea\u662f\u66f4\u9ad8\u7684\u963f\u5c14\u6cd5\uff0c\u800c\u662f\u66f4\u503c\u5f97\u5168\u7403\u8d44\u672c\u4fe1\u4efb\u7684\u963f\u5c14\u6cd5\u3002 \u6ce81\uff1aAldridge, I., An, J., Burke, R., Cao, M., Chien, C. Y., Deng, K., ... &amp; Zheng, W. (2025). Agentic artificial intelligence in finance: A comprehensive survey [Working\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/seeking-responsible-alpha-navigating-generative-ai-and-financial-regulation\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-04-10T07:50:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-04-10T08:18:16+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u5bfb\u627e\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\uff1a\u5e73\u8861\u751f\u6210\u5f0fAI\u4e0e\u91d1\u878d\u76d1\u7ba1\u4e4b\u9053 - HKU Business School\" \/>\n\t\t<meta name=\"twitter:description\" content=\"\u5982\u679c\u672a\u6765\u4e2d\u73af\u591a\u5bb6\u57fa\u91d1\u7684\u667a\u80fd\u4f53\uff08AI agent\uff09\uff0c\u80fd\u5728\u540c\u4e00\u79d2\u5185\u8bfb\u5b8c\u4e2d\u592e\u94f6\u884c\u58f0\u660e\u3001\u4e1a\u7ee9\u7535\u8bdd\u4f1a\u8bae\u7eaa\u5f55\u4e0e\u5168\u7403\u65b0\u95fb\uff0c\u5e76\u636e\u6b64\u4f5c\u51fa\u65b9\u5411\u76f8\u8fd1\u7684\u4ea4\u6613\u5224\u65ad\uff0c\u5e02\u573a\u7a76\u7adf\u4f1a\u53d8\u5f97\u66f4\u6709\u6548\u7387\uff0c\u8fd8\u662f\u66f4\u8106\u5f31\uff1f\u8fd9\u5df2\u4e0d\u662f\u79d1\u5e7b\u60f3\u50cf\uff0c\u800c\u662f\u6b63\u8fc5\u901f\u903c\u8fd1\u91d1\u878d\u4e1a\u7684\u73b0\u5b9e\u3002 \u73b0\u9636\u6bb5\u800c\u8a00\uff0c\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\uff08GenAI\uff09\u591a\u7528\u4e8e\u6982\u62ec\u7814\u7a76\u62a5\u544a\u3001\u6574\u7406\u8d44\u8baf\u3001\u64b0\u5199\u7a0b\u5f0f\u53ca\u5206\u6790\u6587\u672c\uff1b\u4f46\u5f53\u8fd9\u4e9b\u80fd\u529b\u8fdb\u4e00\u6b65\u7ed3\u5408\u8bb0\u5fc6\u3001\u63a8\u7406\u3001\u89c4\u5212\u3001\u5de5\u5177\u4f7f\u7528\u4e0e\u6301\u7eed\u6267\u884c\u6a21\u7ec4\uff0c\u5e76\u5d4c\u5165\u6295\u8d44\u7814\u7a76\u3001\u98ce\u9669\u7ba1\u7406\u53ca\u4ea4\u6613\u6d41\u7a0b\uff0c\u91d1\u878d\u673a\u6784\u4fbf\u4f1a\u7531\u201c\u4fe1\u53f7\u751f\u6210\u201d\u8d70\u5411\u81ea\u4e3b\u7a0b\u5ea6\u66f4\u9ad8\u7684AI\u667a\u80fd\u4f53\u7cfb\u7edf\uff08agentic AI system\uff09\u3002\u3010\u6ce81\u30016\u30018\u3011 AI\u65f6\u4ee3\u7684\u201c\u963f\u5c14\u6cd5\u7126\u8651\u201d \u8fd9\u4e2a\u8f6c\u53d8\u50ac\u751f\u4e86\u6240\u8c13\u7684\u201c\u963f\u5c14\u6cd5\u7126\u8651\u201d\uff08alpha anxiety\uff09\u73b0\u8c61\u3002\u963f\u5c14\u6cd5\u4ea6\u5373\u8d85\u989d\u56de\u62a5\uff08alpha\uff09\uff0c\u6709\u5173\u7126\u8651\u4e0d\u5728\u4e8eAI\u662f\u5426\u6bd4\u4eba\u66f4\u806a\u660e\uff0c\u800c\u5728\u4e8e\u5b83\u6b63\u8fc5\u901f\u964d\u4f4e\u90e8\u5206\u6295\u8d44\u7814\u7a76\u5de5\u4f5c\u7684\u590d\u5236\u6210\u672c\u3002\u8fc7\u53bb\u9700\u8981\u7814\u7a76\u56e2\u961f\u957f\u65f6\u95f4\u5b8c\u6210\u7684\u516c\u5f00\u8d44\u8baf\u6574\u7406\u3001\u6587\u672c\u89e3\u8bfb\u3001\u6301\u4ed3\u8ffd\u8e2a\u4e0e\u98ce\u683c\u8bc6\u522b\uff0c\u5982\u4eca\u6108\u6765\u6108\u53ef\u4ee5\u7531\u6a21\u578b\u81ea\u52a8\u5316\u5904\u7406\u3002\u3010\u6ce84\u3011\u6709\u7814\u7a76\u6307\u51fa\uff0cAI\u4ec5\u6839\u636e\u516c\u5f00\u6301\u4ed3\u62ab\u9732\u4e0e\u5b8f\u89c2\u6570\u636e\uff0c\u5df2\u80fd\u6a21\u4eff\u9876\u5c16\u8d44\u4ea7\u7ba1\u7406\u4eba\u76f8\u5f53\u6bd4\u4f8b\u7684\u4ea4\u6613\u884c\u4e3a\u3002\u3010\u6ce82\u3011 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Noor\u9879\u76ee\uff0c\u805a\u7126\u4e8e\u751f\u6210\u5f0fAI\u53ca\u9ad8\u7ea7\u7b97\u6cd5\u6a21\u578b\u5728\u91d1\u878d\u4f53\u7cfb\u7684\u5e94\u7528\uff0c\u4ee5\u89e3\u51b3AI\u53ef\u89e3\u91ca\u6027\uff08explainability\uff09\u96be\u9898\u3002\u8fd9\u610f\u5473\u76d1\u7ba1\u601d\u8def\u5df2\u4e0d\u53ea\u8981\u6c42\u673a\u6784\u89e3\u91caAI\uff0c\u800c\u662f\u5f00\u59cb\u63d0\u5347\u76d1\u7763\u8005\u672c\u8eab\u770b\u61c2\u9ed1\u76d2\u7684\u80fd\u529b\u3002\u52302026\u5e743\u6708\uff0c\u9999\u6e2f\u53c8\u628a\u6c99\u76d2\u5347\u7ea7\u4e3a\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2++\uff0c\u5c06\u8303\u56f4\u6269\u5c55\u81f3\u8bc1\u5238\u3001\u8d44\u4ea7\u7ba1\u7406\u3001\u4fdd\u9669\u53ca\u5f3a\u79ef\u91d1\u7b49\u9886\u57df\uff0c\u4ee4\u6c99\u76d2\u4e0d\u518d\u53ea\u662f\u8bd5\u9a8c\u573a\uff0c\u800c\u662f\u76d1\u7ba1\u8005\u4e0e\u5e02\u573a\u5171\u540c\u754c\u5b9a\u5b89\u5168\u8fb9\u754c\u7684\u5236\u5ea6\u5de5\u7a0b\u3002 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Y., Deng, K., ... &amp; Zheng, W. (2025). 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Y., Deng, K., ... & Zheng, W. (2025). Agentic artificial intelligence in finance: A comprehensive survey 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Noor\u9879\u76ee\uff0c\u805a\u7126\u4e8e\u751f\u6210\u5f0fAI\u53ca\u9ad8\u7ea7\u7b97\u6cd5\u6a21\u578b\u5728\u91d1\u878d\u4f53\u7cfb\u7684\u5e94\u7528\uff0c\u4ee5\u89e3\u51b3AI\u53ef\u89e3\u91ca\u6027\uff08explainability\uff09\u96be\u9898\u3002\u8fd9\u610f\u5473\u76d1\u7ba1\u601d\u8def\u5df2\u4e0d\u53ea\u8981\u6c42\u673a\u6784\u89e3\u91caAI\uff0c\u800c\u662f\u5f00\u59cb\u63d0\u5347\u76d1\u7763\u8005\u672c\u8eab\u770b\u61c2\u9ed1\u76d2\u7684\u80fd\u529b\u3002\u52302026\u5e743\u6708\uff0c\u9999\u6e2f\u53c8\u628a\u6c99\u76d2\u5347\u7ea7\u4e3a\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2++\uff0c\u5c06\u8303\u56f4\u6269\u5c55\u81f3\u8bc1\u5238\u3001\u8d44\u4ea7\u7ba1\u7406\u3001\u4fdd\u9669\u53ca\u5f3a\u79ef\u91d1\u7b49\u9886\u57df\uff0c\u4ee4\u6c99\u76d2\u4e0d\u518d\u53ea\u662f\u8bd5\u9a8c\u573a\uff0c\u800c\u662f\u76d1\u7ba1\u8005\u4e0e\u5e02\u573a\u5171\u540c\u754c\u5b9a\u5b89\u5168\u8fb9\u754c\u7684\u5236\u5ea6\u5de5\u7a0b\u3002 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drift\uff09\u80fd\u5426\u53ca\u65f6\u53d1\u73b0\uff0c\u5fc5\u8981\u65f6\u80fd\u5426\u7531\u4eba\u624b\u4ecb\u5165\u6216\u7d27\u6025\u505c\u7528\u3002\u672a\u6765\u8d44\u4ea7\u7ba1\u7406\u4e1a\u7684\u7ade\u4e89\uff0c\u6bd4\u62fc\u7684\u4e0d\u53ea\u662f\u6a21\u578b\u9884\u6d4b\u529b\uff0c\u4e5f\u662f\u5728\u6bd4\u62fc\u673a\u6784\u80fd\u5426\u628a\u6a21\u578b\u98ce\u9669\u7eb3\u5165\u7ba1\u6cbb\u6846\u67b6\u4e4b\u5185\u3002 \u4ee5\u63d0\u5347\u963f\u5c14\u6cd5\u7684\u53ef\u4fe1\u5ea6\u4e3a\u76ee\u6807 \u4e0b\u4e00\u8f6e\u91d1\u878d\u7ade\u4e89\uff0c\u6bd4\u62fc\u7684\u66f4\u4e0d\u53ea\u662f\u8c01\u66f4\u65e9\u7528\u4e0aAI\uff0c\u800c\u662f\u8c01\u80fd\u66f4\u65e9\u8bc1\u660e\uff1a\u81ea\u5df1\u7684AI\u5728\u8d5a\u94b1\u65f6\u53ef\u9760\uff0c\u5728\u5931\u7075\u65f6\u53ef\u63a7\u30022025\u5e74\u4e16\u754c\u7ecf\u6d4e\u8bba\u575b\u767d\u76ae\u4e66\u63d0\u9192\uff0c\u8bb8\u591a\u673a\u6784\u5176\u5b9e\u4ecd\u5904\u4e8e\u7531\u8bd5\u9a8c\u8d70\u5411\u89c4\u6a21\u5316\u843d\u5730\u7684\u8fc7\u6e21\u9636\u6bb5\uff1b\u771f\u6b63\u51b3\u5b9a\u6210\u8d25\u7684\uff0c\u5f80\u5f80\u4e0d\u662f\u6a21\u578b\u672c\u8eab\uff0c\u800c\u662f\u4fe1\u4efb\u3001\u81ea\u6211\u7ba1\u6cbb\u3001\u4eba\u624d\u3001\u7f51\u7edc\u5b89\u5168\u4e0e\u6570\u7801\u57fa\u5efa\u662f\u5426\u5230\u4f4d\u3002\u3010\u6ce88\u3011\u4ece\u8fd9\u4e2a\u89d2\u5ea6\u770b\uff0c\u9999\u6e2f\u7684\u6f5c\u5728\u4f18\u52bf\uff0c\u4e0d\u4ec5\u5728\u4e8e\u66f4\u65e9\u90e8\u7f72AI\uff0c\u66f4\u5728\u4e8e\u66f4\u65e9\u7684\u628a\u6a21\u578b\u6cbb\u7406\u3001\u538b\u529b\u6d4b\u8bd5\u3001\u5ba1\u8ba1\u8f68\u8ff9\u4e0e\u4eba\u624b\u4ecb\u5165\u673a\u5236\uff0c\u9010\u6b65\u5236\u5ea6\u5316\u4e3a\u8de8\u5e02\u573a\u3001\u8de8\u76d1\u7ba1\u3001\u8de8\u673a\u6784\u7684\u5171\u540c\u8bed\u8a00\u3002 \u5f52\u6839\u7a76\u67e2\uff0c\u82e5\u5e02\u573a\u6700\u7ec8\u628a\u900f\u660e\u5ea6\u3001\u53ef\u95ee\u8d23\u6027\u4e0e\u7ba1\u6cbb\u6210\u719f\u5ea6\u89c6\u4e3a\u503c\u5f97\u4ed8\u8d39\u7684\u5c5e\u6027\uff0c\u90a3\u4e48\u201c\u4fe1\u4efb\u201d\u672c\u8eab\uff0c\u4fbf\u53ef\u80fd\u6210\u4e3a\u4e0b\u4e00\u4ee3\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u6700\u91cd\u8981\u7684\u65e0\u5f62\u8d44\u4ea7\u3002\u9999\u6e2f\u8981\u5bfb\u627e\u7684\uff0c\u4e0d\u53ea\u662f\u66f4\u9ad8\u7684\u963f\u5c14\u6cd5\uff0c\u800c\u662f\u66f4\u503c\u5f97\u5168\u7403\u8d44\u672c\u4fe1\u4efb\u7684\u963f\u5c14\u6cd5\u3002 \u6ce81\uff1aAldridge, I., An, J., Burke, R., Cao, M., Chien, C. Y., Deng, K., ... & Zheng, W. (2025). Agentic artificial intelligence in finance: A comprehensive survey [Working","inLanguage":"zh-CN","isPartOf":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website"},"breadcrumb":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/seeking-responsible-alpha-navigating-generative-ai-and-financial-regulation\/#breadcrumblist"},"datePublished":"2026-04-10T15:50:00+08:00","dateModified":"2026-04-10T16:18:16+08:00"},{"@type":"WebSite","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website","url":"https:\/\/www.hkubs.hku.hk\/sc\/","name":"HKU Business School","inLanguage":"zh-CN","publisher":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#organization"}}]},"og:locale":"en_US","og:site_name":"HKU Business School -","og:type":"article","og:title":"\u5bfb\u627e\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\uff1a\u5e73\u8861\u751f\u6210\u5f0fAI\u4e0e\u91d1\u878d\u76d1\u7ba1\u4e4b\u9053 - HKU Business 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Y., Deng, K., ... &amp; Zheng, W. (2025). Agentic artificial intelligence in finance: A comprehensive survey [Working","og:url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/seeking-responsible-alpha-navigating-generative-ai-and-financial-regulation\/","article:published_time":"2026-04-10T07:50:00+00:00","article:modified_time":"2026-04-10T08:18:16+00:00","twitter:card":"summary_large_image","twitter:title":"\u5bfb\u627e\u201c\u8d1f\u8d23\u4efb\u7684\u963f\u5c14\u6cd5\u201d\uff1a\u5e73\u8861\u751f\u6210\u5f0fAI\u4e0e\u91d1\u878d\u76d1\u7ba1\u4e4b\u9053 - HKU Business School","twitter:description":"\u5982\u679c\u672a\u6765\u4e2d\u73af\u591a\u5bb6\u57fa\u91d1\u7684\u667a\u80fd\u4f53\uff08AI 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Noor\u9879\u76ee\uff0c\u805a\u7126\u4e8e\u751f\u6210\u5f0fAI\u53ca\u9ad8\u7ea7\u7b97\u6cd5\u6a21\u578b\u5728\u91d1\u878d\u4f53\u7cfb\u7684\u5e94\u7528\uff0c\u4ee5\u89e3\u51b3AI\u53ef\u89e3\u91ca\u6027\uff08explainability\uff09\u96be\u9898\u3002\u8fd9\u610f\u5473\u76d1\u7ba1\u601d\u8def\u5df2\u4e0d\u53ea\u8981\u6c42\u673a\u6784\u89e3\u91caAI\uff0c\u800c\u662f\u5f00\u59cb\u63d0\u5347\u76d1\u7763\u8005\u672c\u8eab\u770b\u61c2\u9ed1\u76d2\u7684\u80fd\u529b\u3002\u52302026\u5e743\u6708\uff0c\u9999\u6e2f\u53c8\u628a\u6c99\u76d2\u5347\u7ea7\u4e3a\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u6c99\u76d2++\uff0c\u5c06\u8303\u56f4\u6269\u5c55\u81f3\u8bc1\u5238\u3001\u8d44\u4ea7\u7ba1\u7406\u3001\u4fdd\u9669\u53ca\u5f3a\u79ef\u91d1\u7b49\u9886\u57df\uff0c\u4ee4\u6c99\u76d2\u4e0d\u518d\u53ea\u662f\u8bd5\u9a8c\u573a\uff0c\u800c\u662f\u76d1\u7ba1\u8005\u4e0e\u5e02\u573a\u5171\u540c\u754c\u5b9a\u5b89\u5168\u8fb9\u754c\u7684\u5236\u5ea6\u5de5\u7a0b\u3002 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\u5f52\u6839\u7a76\u67e2\uff0c\u82e5\u5e02\u573a\u6700\u7ec8\u628a\u900f\u660e\u5ea6\u3001\u53ef\u95ee\u8d23\u6027\u4e0e\u7ba1\u6cbb\u6210\u719f\u5ea6\u89c6\u4e3a\u503c\u5f97\u4ed8\u8d39\u7684\u5c5e\u6027\uff0c\u90a3\u4e48\u201c\u4fe1\u4efb\u201d\u672c\u8eab\uff0c\u4fbf\u53ef\u80fd\u6210\u4e3a\u4e0b\u4e00\u4ee3\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u6700\u91cd\u8981\u7684\u65e0\u5f62\u8d44\u4ea7\u3002\u9999\u6e2f\u8981\u5bfb\u627e\u7684\uff0c\u4e0d\u53ea\u662f\u66f4\u9ad8\u7684\u963f\u5c14\u6cd5\uff0c\u800c\u662f\u66f4\u503c\u5f97\u5168\u7403\u8d44\u672c\u4fe1\u4efb\u7684\u963f\u5c14\u6cd5\u3002 \u6ce81\uff1aAldridge, I., An, J., Burke, R., Cao, M., Chien, C. Y., Deng, K., ... &amp; Zheng, W. (2025). 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