DeepSeek’s AI Model Drives Surge In Chinese Tech Stocks, Closing Gap With US ‘Magnificent Seven’ - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
1. Chinese tech stocks surge, closing the valuation gap with U.S. giants. 2. Hang Seng Tech Index rises over 10%, reflecting improved market sentiment. 3. Alibaba's stock doubled after integrating DeepSeek's AI model. 4. Investors show interest in undervalued Chinese tech amidst U.S. scrutiny. 5. DeepSeek's rise raises concerns for the profitability of U.S. tech leaders.