Hong Kong Stock Concept Tracking| DeepSeek will gradually open-source 5 code repositories. Institutions are optimistic about investment opportunities in cloud vendors (with concept stocks attached)

DeepSeek announced that this week will source 5 code repositories in succession, with new content unlocked daily to further share new developments. DeepSeek introduced that the modules of the current online service have been tested and deployed, ready for production. The company defines itself as a small company and also states that each sharing will become a powerful potential energy, accelerating the journey of industry development. They also mentioned that there are no ivory towers in this field, only the pure entrepreneurial spirit of garage startups and the innovative power built by the community. According to CITIC SEC research report, DeepSeek is driving the continuous acceleration of global AI industry development, and AI is also accelerating the process of global enterprise customers migrating to the cloud. To implement AI applications, enterprise customers need hardware computing power, data management, software development, and other capabilities support, and the value of cloud computing platforms continues to be highlighted. In the short term, cloud computing platforms are expected to benefit from the explosive growth of AI computing power leasing, and further enhance platform user stickiness and differentiation pricing capabilities through providing data management, complete AI development toolchains, and other PaaS capabilities, making them continuous beneficiaries of the AI industry, thereby continuously improving platform growth and profitability. CITIC SEC continues to be optimistic about the short-term and long-term growth opportunities and investment value of global first-tier cloud vendors, and recommends focusing on: 1) global first-tier cloud computing platforms; 2) underlying infrastructure. Hong Kong stocks related to cloud computing include: State-owned cloud telecom operators: China Telecom Corporation, China United Network Communications, China Mobile Limited Cloud vendors: BAIRONG-W(06608), KINGSOFT CLOUD(03896), SUNEVISION(01686), VSTECS(00856), BABA-W(09988), Tencent(00700), MING YUAN CLOUD(00909), GDS-SW(09698), EDIANYUN(02416), etc.