瑞银：中国股票策略-多维度剖析 DeepSeek 的影响 (2)

更多资料加入知识星球:水木调研纪要 关注公众号:水木纪要 Global Research 12 February 2025 China Equity Strategy A multi-faceted look at DeepSeek's implications More to go on the DeepSeek rally? The launch of DeepSeek's R1 model has put AI development in China back on investors', radar. Our tracking of AI related China-listed stocks (summarised in Figure 1) shows that since the start of the year the stocks are up 15% and have outperformed MŞCbChina by 9%. Fundamentally Al contributes a limited proportion of most companies" revenue and ...