Zhihu (02390) surged 15% in a single day, with its stock price entering the fast lane of value recovery.
Zhihu has seen a continuous rise in stock prices, indicating that the Capital Markets are entering a new reassessment window for the value of high-quality content platforms.
Zhihu Inc. (NYSE:ZH) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Goldman Sachs Research: Global hedge funds are buying up Stocks in China, with billionaires heavily investing in China's Internet giants.
Goldman Sachs stated in a report that for most of this year, Global hedge funds have been aggressively purchasing China Stocks, and with the emergence of the local AI startup DeepSeek, their buying pace has accelerated over the past week, sparking investor enthusiasm.
Fidelity increases its Shareholding in China Stocks, betting on the return of "animal spirits" and the AI craze.
Fidelity portfolio manager Taosha Wang stated that Fidelity International has increased its Shareholding in China Stocks and has given an overweight allocation. In addition to economic fundamentals and 'animal spirits,' exciting new AI tools like DeepSeek will also create opportunities.
Hong Kong stock movement | ZHIHU-W (02390) rises over 12% as the subsidiary ZHIHU Direct Answer integrates the DeepSeek-R1 model.
ZHIHU-W (02390) jumped more than 12%, as of the report, it rose by 12.16%, priced at 10.24 Hong Kong dollars, with a transaction volume of 2.5604 million Hong Kong dollars.
Zhihu direct answer integration with the DeepSeek-R1 model.
On February 11, Gelonghui reported that Zhihu announced that its AI search product, Zhihu Zhida, has integrated the "full version" DeepSeek-R1. Currently, the DeepSeek-R1 model capabilities have been launched on both the Zhihu Zhida web and Zhihu App platforms. In addition, Zhihu Zhida has also launched a knowledge base function, which includes modules for local file uploads, web favorites, RSS subscriptions, and Zhihu bookmarks. Users can utilize the DeepSeek-R1 model to extract, analyze, and Share information from unique content such as papers, documents, web pages, and Zhihu Q&A, making it easier to build and manage their personal knowledge base.
Hong Kong stocks movement | Zhihu opened nearly 14% higher, reaching a new high since October 2024.
On February 11, Grlone reported that ZHIHU-W (2390.HK) opened up 13.91% at 10.4 HKD, with the stock price reaching a new high since October 2024. The overnight US stock market closed up 15.51% at 4.17 HKD, which translates to a price of 10.69 HKD/share in the Hong Kong stock market. On the news front, the company previously released a monthly report on equity issuers and Hong Kong depositary receipts, showing that the authorized share capital remains unchanged, but the issued Class A ordinary shares have increased. The company additionally issued 2,619,519 Class A ordinary shares to depositary institutions.
Zhihu Up Over 15%, on Pace for Largest Percent Increase Since December 2023 -- Data Talk
EY views China Stocks positively: the impact of tariffs is actually limited, and a turning point in growth is about to arrive.
① Andrew Swan, the head of Asian Stocks at Intesa Sanpaolo, is optimistic about the investment outlook for China Stocks, as the actual impact of Trump's tariffs is limited. ② Swan believes that the development of Technology and changes in economic models will have a greater impact on the investment return prospects in China; ③ He pointed out that the profitability of Chinese companies is currently at a historical low, and valuations are close to this level, so improving corporate profitability will lead to strong investment returns.
US stocks fluctuated | Zhihu (ZH.US) rose over 14%, with a total market value reaching 0.368 billion dollars.
As of the time of writing, the stock has risen over 14%, trading at $4.145.
U.S. stock market closing | All three major Indexes fell, with the Nasdaq down over 1%; Tesla fell over 3%, while NVIDIA rose against the trend, marking a strong five-day winning streak.
Earnings Reports showed that Google fell 9%; Tesla dropped 11% in a week; the Chinese concept Index rose over 1% against the trend, and ideal Autos increased by nearly 5%.
Zhihu Inc. Reports Share Movements and Incentive Plan Updates for January 2025
Express News | The spokesperson of the Ministry of Foreign Affairs answered reporters' questions regarding the USA's announcement of a 10% tariff on products imported from China.
Express News | DeepSeek's Liang Wenfeng: We merely stand on the shoulders of giants in the open-source Community, adding a few screws to the large model of domestic production.
U.S. stock market closing | All three major Indexes rose, with the S&P continuing to hit new highs; Nuclear Power stocks performed strongly, with OKLO and SMR rising over 13%; Meta rose over 2% to reach a record closing high.
Trump calls on the Federal Reserve to lower interest rates immediately. The chip Index and NVIDIA briefly fell over 2%, but ultimately NVIDIA turned to rise, while Tesla fell. Industrial stock Caterpillar boosted the Dow by 400 points. Quantum computing stock Quantum fell over 6%. Nuclear Power stock Oklo, held by Sam Altman, turned to rise over 13%. Electronic Arts Inc fell nearly 17%. After a 0.7% decline, the Chinese concept Index turned to rise, and TAL Education soared 21%.
Foreign capital is accelerating its shift to betting on China Assets! Call options on Chinese Stocks ETFs are being snatched up again.
Chris Murphy, Co-Head of Derivative Strategy at Horizon International Group, stated that last Friday investors bought a large number of Call Options for the iShares Core MSCI China Index ETF (FXI). Other Call Options related to Chinese Assets also rose significantly, including the China Overseas Internet Plus-Related ETF (KWEB). ETFs related to Chinese Assets also strengthened.
**** had a phone call with the elected president of the USA, Trump.
**** congratulated Trump on being re-elected as President of the USA, pointing out that both sides highly value each other's interactions and hope that the China-US relationship has a good start in the new term of the USA President, wishing to promote greater progress in the China-US relationship from this new starting point.
Zhihu Grants Shares to Employees
ZHIHU-W (02390) granted 0.4461 million restricted stock units.
ZHIHU-W (02390) announced that on January 10, 2025, the company will carry out share incentive according to 2022...
Zhihu Inc. Announces Change of Business Address in Hong Kong