Jing Li

Li Zhao, Rui Sun, Zuoyou Jiang et al.

In financial trading, large language model (LLM)-based agents demonstrate significant potential. However, the high sensitivity to market noise undermines the performance of LLM-based trading systems. To address this limitation, we propose a novel multi-agent system featuring an internal competitive mechanism inspired by modern corporate management structures. The system consists of two specialized teams: (1) Data Team - responsible for processing and condensing massive market data into diversified text factors, ensuring they fit the model's constrained context. (2) Research Team - tasked with making parallelized multipath trading decisions based on deep research methods. The core innovation lies in implementing a real-time evaluation and ranking mechanism within each team, driven by authentic market feedback. Each agent's performance undergoes continuous scoring and ranking, with only outputs from top-performing agents being adopted. The design enables the system to adaptively adjust to dynamic environment, enhances robustness against market noise and ultimately delivers superior trading performance. Experimental results demonstrate that our proposed system significantly outperforms prevailing multi-agent systems and traditional quantitative investment methods across diverse evaluation metrics. ContestTrade is open-sourced on GitHub at https://github.com/FinStep-AI/ContestTrade.

Zhe Hu, Jing Li, Zhongzhu Pu et al.

Vision Language Models exhibit impressive performance for various tasks, yet they often lack the sophisticated situational reasoning required for complex decision-making. This paper shows that VLMs can achieve surprisingly strong decision-making performance when visual scenes are replaced by textual descriptions, suggesting foundational reasoning can be effectively learned from language. Motivated by this insight, we propose Praxis-VLM, a reasoning VLM for vision-grounded decision-making. Praxis-VLM employs the GRPO algorithm on textual scenarios to instill robust reasoning capabilities, where models learn to evaluate actions and their consequences. These reasoning skills, acquired purely from text, successfully transfer to multimodal inference with visual inputs, significantly reducing reliance on scarce paired image-text training data. Experiments across diverse decision-making benchmarks demonstrate that Praxis-VLM substantially outperforms standard supervised fine-tuning, exhibiting superior performance and generalizability. Further analysis confirms that our models engage in explicit and effective reasoning, underpinning their enhanced performance and adaptability.

Jing Li, Zhijie Sun, Zhicheng Zhou et al.

Current knowledge-enhanced large language models (LLMs) rely on static, pre-constructed knowledge bases that suffer from coverage gaps and temporal obsolescence, limiting their effectiveness in dynamic information environments. We present Agentic-KGR, a novel framework enabling co-evolution between LLMs and knowledge graphs (KGs) through multi-round reinforcement learning (RL). Our approach introduces three key innovations: (1) a dynamic schema expansion mechanism that systematically extends graph ontologies beyond pre-defined boundaries during training; (2) a retrieval-augmented memory system enabling synergistic co-evolution between model parameters and knowledge structures through continuous optimization; (3) a learnable multi-scale prompt compression approach that preserves critical information while reducing computational complexity through adaptive sequence optimization. Experimental results demonstrate substantial improvements over supervised baselines and single-round RL approaches in knowledge extraction tasks. When integrated with GraphRAG, our method achieves superior performance in downstream QA tasks, with significant gains in both accuracy and knowledge coverage compared to existing methods.