DeepSeek: not only a milestone in China's AI technology.
The explosive success of DeepSeek is not only a milestone for AI technology in China but also a "paradigm revolution" in the Global AI Industry.
A comprehensive read | DeepSeek released a new model on New Year's Eve, is the revolution of multimodal unification coming?
As Deepseek makes waves in the global AI community and prompts Wall Street to conduct a tense evaluation, it once again brings surprises to the world. At 12:28 AM on January 28, 2025, Peking time, the DeepSeek team released two multimodal frameworks - Janus-Pro and JanusFlow. This time, the focus is on Janus-Pro. Janus-Pro is an innovative framework for unified multimodal understanding and generation, an upgraded version of Janus, which significantly enhances the model's adaptability across different tasks by decoupling visual encoding.
A high-quality closed-door meeting about DeepSeek: Vision is more important than technology.
What is more important than technology is vision.
Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Wednesday Trading
Express News | Han Zheng met with elected Vice President Vance of the USA.
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.
On Friday, another wave of funds is betting on Call Options for China's Stocks ETF.
Industry insiders noted that investors are significantly buying Call Options for the iShares China Large Cap ETF (FXI) that expires next weekend, corresponding to the purchase of 4 million shares under the options contracts. The related ETF saw a substantial rise on Friday, achieving the largest single-day increase in over a month.
People's Daily: Promote greater progress in China-U.S. relations from a new starting point.
The river of history flows incessantly, and often only a few steps are crucial. Grasping and handling the bilateral relationship from a Global Strategy perspective and long-term view will bring more certainty to a turbulent world.
**** 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.
Daqo New Energy | 6-K: Report of foreign private issuer (related to financial reporting)
The National Bureau of Statistics: In 2024, the total domestic product will be 134,908.4 billion yuan, with a growth of 5.0% compared to the previous year.
Looking at it by quarters, the gross domestic product grew by 5.3% year-on-year in the first quarter, 4.7% in the second quarter, 4.6% in the third quarter, and 5.4% in the fourth quarter. In terms of quarter-on-quarter, the gross domestic product grew by 1.6% in the fourth quarter.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
Express News | The leading polysilicon company Daqo New Energy suddenly reduces production: employees are denied entry to the factory and paid the local minimum wage.
Hong Kong stock market morning report on January 3: GTJA's merger application with HAITONG SEC will be discussed next week. Institutions expect that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025.
① PwC predicts that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025. ② GTJA's merger application with HAITONG SEC will be discussed next week. ③ Alibaba's buyback plan still has a remaining quota of 20.7 billion US dollars. ④ Last November, Hong Kong's retail sales volume decreased by 8.3% year-on-year.
U.S. stocks closed | The S&P and Nasdaq fell for five consecutive days! Tesla dropped over 6%; Quantum Computing concepts surged against the trend, with LAES skyrocketing nearly 41%.
The chip Index, NVIDIA, Energy, and photovoltaic stocks rose, Uranium and Nuclear Power stocks surged, the China concept Index fell by 1.5%, NIO rose over 4%, and Bilibili fell over 5%.
As Trump 2.0 approaches, the Shanxi Guoxin Energy Corporation is initiating a "self-rescue" operation in the USA NENGYUANHANGYE.
In Washington, executives from NENGYUANHANGYE met with Republican congressmen before the December holidays to adjust the industry's promotional strategy. Unlike past promotional campaigns that emphasized "clean and economical," they began to highlight the ability of Wind Power projects to "meet energy needs."
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
TrendForce Consulting: It is expected that the global photovoltaic new installed capacity will reach 596GW in 2025, an increase of 6.0% year-on-year.
According to TrendForce's data, Global photovoltaic installed capacity has rapidly increased from 113 GW in 2019 to 462 GW in 2023, with an average annual compound growth rate of 42.3%.
Daqo New Energy Corp. (NYSE:DQ) Institutional Owners May Be Pleased With Recent Gains After 28% Loss Over the Past Year