By adopting or integrating DeepSeek technology, companies can enhance their products and services and drive earnings. “In the medium term, we expect DeepSeek’s breakthrough as a re-rating catalyst for the Hong Kong market,” states Qian in her Feb 7 report.
The DeepSeek-R1 large language model (LLM) was China’s response to Open AI’s Chat GPT and represents a shift in the AI industry by combining open-source accessibility, affordability and high performance.
Edith Qian of CGS International (CGSI) estimates that 90% of the constituents of the Hang Seng Tech Index have incorporated AI into their business operations, while the exposure of index constituents to AI technology for the broader Hang Seng Index is around 45%.
