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Fund trends | North Water has sold Tencent shares worth over 5.3 billion Hong Kong dollars for three consecutive days, while increasing holdings in Alibaba and Semiconductor Manufacturing International Corporation.
Track the latest dynamics of southbound capital.
Goldman Sachs: Breakthroughs in DeepSeek technology are expected to accelerate the popularization of AI, and Global economic growth may experience significant acceleration.
Goldman Sachs released a Research Report stating that recently, a few Chinese companies, such as DeepSeek, have developed advanced generative AI models that are cheaper than existing products. This development may accelerate the adoption of AI and enhance the technology's contribution to Global economic growth.
Business-intelligence Of Oriental Nations Corporation (300166.SZ): Assisting CHINA MOBILE and other clients in building a training and推 platform based on Ascend large models.
On February 13, Gelonghui reported that Business-intelligence Of Oriental Nations Corporation (300166.SZ) stated on the investor interaction platform that the company's self-developed AI deep learning application products have completed compatibility certification with Huawei's Ascend and Harmony, further enhancing performance to highly meet customer demands. The model migration from CUDA to CANN has also been completed, assisting CHINA MOBILE and other clients in building a large model training and inference platform based on Ascend. In the future, there will be further deepening of Community cooperation, promoting projects and products to take root and sprout, and advancing Industry applications through more professional and efficient collaboration.
Hong Kong stocks are experiencing fluctuations | The Telecommunication Sector continues to rise as operators fully access DeepSeek. Institutions state that IDC and Cloud Computing Business are expected to be re-evaluated.
The stocks in the Telecommunication Sector continue to rise. As of the time of writing, China United Network Communications (00762) is up 4.21%, trading at 8.17 HKD; CHINA TELECOM (00728) is up 2.13%, trading at 5.76 HKD; CHINA MOBILE (00941) is up 1.09%, trading at 78.75 HKD.
Hong Kong Stock Afternoon Review | The Hong Kong stocks continue to rise! The Hang Seng Index surpasses the 22,000-point mark; Network Technology stocks and Medical stocks perform brilliantly, with Baidu up over 7% and ALI HEALTH rising more than 8%.
Network Technology stocks rose broadly, KUAISHOU-W increased by 7.49%, and Baidu Group-SW rose by 7.37%; Digital Health stocks all increased, ALI HEALTH rose by 8.18%, and JD HEALTH rose by 2.27%; Sporting Goods stocks all rose, LI NING increased by 3.91%, and ANTA SPORTS rose by 3.34%.
Market Chatter: China Mobile-HKBN Deal in Limbo as Regulator Silent About Approval