HK Stock Market Move | QINIU (02567) rose more than 4% in early trading, announcing the launch of the DeepSeek-R1 distilled model version.

QINIU (02567) rose more than 4% in the morning session, rising 4.72% to HK$1.11 by the time of the report, with a trading volume of HK$2.1622 million. On the news front, on February 11th, the well-known audio and video service platform Qiniu Cloud announced the launch of the DeepSeek-R1 distillation model. Combined with the announcement on February 7th, Qiniu Cloud has already launched exclusive GPU cloud hosts and Token API inference services adapted for the DeepSeek-V3/R1 series models. It is reported that Qiniu Cloud hopes that its one-stop AI inference solution can meet the growing demand for generative AI from customers and has provided two model deployment methods: one is to quickly integrate through the API interface, and the other is to deploy on high-performance GPU cloud servers with one click. It is reported that in order to shorten the distance from idea to product, Qiniu Cloud hopes that developers can integrate top-notch inference capabilities comparable to the official version of DeepSeek-R1 into their applications. It first launched the full-blooded version of the DeepSeek-R1 671b model. As an open-source model, DeepSeek-R1 has achieved benchmark results compared to closed-source models of overseas giants in terms of inference efficiency, scene adaptation, and other dimensions. Therefore, Qiniu Cloud has provided the most complete and cost-effective 1.73bit quantized DeepSeek-R1 671b full parameter version, reducing the VRAM demand to 158GB, enabling fast inference on high-performance and cost-effective GPU servers such as A100, V100, and A10.