Deutsche Bank says DeepSeek’s emergence is a “Sputnik moment” for China, signaling its growing dominance in high-value sectors and surpassing the rest of the world. The bank’s report, titled “China Eats the World,” suggests that 2025 will be the year investors realize China is outcompeting globally. With Chinese companies gaining market share across industries, the bank predicts a bull market for Hong Kong and China equities, potentially exceeding prior highs in the medium term. This shift has led to a rally in Chinese technology stocks and triggered a sell-off in Nasdaq-listed firms, with the Hang Seng Tech Index approaching its four-month high.
Source: https://www.scmp.com/business/china-business/article/3297705/china-eats-world-deepseek-shows-its-strength-high-value-sectors-deutsche-bank