Category: Flash News

On March 4th, Huatai Securities pointed out that DeepSeek has been open sourced for 6 consecutive days since February 24th. Based on the previously released model parameters and technical reports, the core code of the Infra layer has been released again, involving module optimization such as MLA, communication computation, matrix multiplication, expert load, file access, etc., aiming to improve the efficiency of the model itself and hardware, and the adaptation of domestic GPUs is progressing smoothly. According to DeepSeek data, if all user requests for the web, app, and API are priced at R1, the daily total revenue will be $562027, with a cost profit margin of 545%. If we consider factors such as V3 pricing and nighttime discounts, with a 50% proportion of paid tokens, we estimate that the cost profit margin is expected to reach 108%, and the optimization effect is significant. Huatai Securities believes that continuous optimization of the model layer is expected to continuously reduce application layer costs and improve application performance. Suggest paying attention to companies with user, data, and scenario advantages in 2B and 2C applications.

On March 4th, the US State Department announced on March 3rd local time that US Secretary of State Rubio had a phone call with Omani Foreign Minister Badr on the same day. Both sides discussed the current situation in the Middle East, including the Gaza ceasefire agreement, the necessity to ensure the release of all hostages, efforts to maintain aid flows into Gaza, the political future of Syria, and the cessation of hostilities in Lebanon. Rubio also discussed the importance of permanently ending the illegal attacks by the Houthis in the Red Sea and surrounding waters.

① Pending the implementation of a 25% tariff imposed by the United States on Canada and Mexico; ② Pending US President Trump’s first speech to Congress during his tenure; ③ 07:30 Japan’s January unemployment rate; ④ At 08:30, the Reserve Bank of Australia released the minutes of its February monetary policy meeting 12: Press conference of the Third Session of the 14th National People’s Congress was held; ⑥ 15: Opening Ceremony of the Third Session of the 14th National Committee of the Chinese People’s Political Consultative Conference; ⑦ 18: January unemployment rate in the 00 euro area; ⑧ The next day at 03:20, the Federal Reserve’s Williams delivered a speech The next day at 05:30, API crude oil inventory for the week of February 28th in the United States.

On March 4th, high-performance neodymium iron boron permanent magnet material is the core material of robot servo motors. With the sustained popularity of emerging industries such as humanoid robots and low altitude economy, the demand for rare earth magnetic materials in the market has also skyrocketed. According to statistics from China Tungsten Online, the prices of most rare earth products have significantly increased since February. The reporter’s research found that recently, multiple rare earth projects in Yantai, Baotou, Ganzhou and other places have accelerated their construction progress. Multiple listed magnetic material companies have started to layout in the robot industry chain, extending to high value-added links such as magnetic components. (Shanghai Securities News)

On March 4th, when the technological innovation cycle resonates with the market cycle, funds will usher in a “singularity moment” that triggers a profitable effect. In the past few months, a group of high-performance equity funds have stood out. According to historical experience, the proportion of active equity funds with returns exceeding 50% in the past year has exceeded 4.15%, which often marks the market’s transition from a beta market to an alpha market, and is also the “singularity moment” of the money making effect. In the eyes of industry insiders, active equity funds may be on the road to regaining their shine. Currently, active equity funds are experiencing a small wave of issuance. As of March 3rd, there are currently over 20 active equity funds in or about to be issued. (Shanghai Stock News)

On March 4th, as we enter March, a group of small and medium-sized banks have started a mode of lowering deposit interest rates. Recently, several small and medium-sized banks, including Chongqing Fumin Bank, Guangxi Pubei Rural Commercial Bank, Heilongjiang Beian Rural Commercial Bank, Hubei Jiangling Rural Commercial Bank, Yunnan Yuanjiang North Bank Rural Bank, and Zhongyang County Taihang Rural Bank, issued notices of deposit interest rate adjustments, lowering the interest rates of some of their deposit products. Overall, the above-mentioned banks’ deposit interest rate cuts involve current deposits, three-month to five-year fixed deposits (lump sum deposits, the same below), and mainly focus on long-term deposit products, with a maximum reduction of 50 basis points. The interest rates for three-year and five-year fixed deposits of some rural commercial banks have dropped below the “2” mark, and the advantage is no longer significant compared to the current fixed deposit interest rates of state-owned large banks with the same term. (Securities Daily)

On March 4th, several wealth management companies have stated that they will increase their equity investment efforts and promote the entry of medium and long-term funds into the market since the beginning of this year. The industry is more optimistic about the future performance of the equity market, and more and more wealth management companies are increasing their allocation of equity assets by linking to specific market indices. The reporter noticed that a batch of bank wealth management products linked to passive indices have recently entered the stage of fundraising or for sale, and the number of index based investment wealth management products has significantly increased. Multiple wealth management companies believe that index based equity wealth management products are the best entry point to promote the entry of wealth management funds into the market. (Securities Times)

On March 4th, Kim Yo Jong, Deputy Minister of the Central Committee of the Workers’ Party of Korea, issued a statement condemning the United States for ignoring North Korea’s concerns and once again sending strategic assets into the Korean Peninsula. The conversation stated that the Carl Vinson nuclear powered aircraft carrier under the US Navy’s First Carrier Strike Group entered the Busan operational base in South Korea on the 2nd. The Democratic People’s Republic of Korea strongly condemns the United States and its followers for ignoring North Korea’s concerns, violating North Korea’s security, and insisting on endangering the peaceful environment of the entire region. Kim Yo Jong stated that if the United States continues to break records in military demonstrations, North Korea will also take corresponding actions in exercising strategic containment. In response to the negative impact of the deployment of US strategic assets to the Korean Peninsula on North Korea’s security, the North Korean side also plans to carefully consider the option of enhancing actions against enemy security threats. (CCTV News)

On March 4th, Ontario Governor Ford responded to the threat of US tariffs by stating that if the US imposes tariffs, Ontario will cut its electricity exports to border states. He said, ‘They rely on our energy, they need to feel pain. If they want to launch a fierce attack on us, we will also double our counterattack.’ It is reported that the United States is a major customer of Canadian electricity, and all US power grids are interconnected with Canadian provinces except for Texas. New York, Michigan, and Minnesota are the three major customers of Ontario Power. In addition, Ford also stated that Ontario’s minerals are key to the tariff fight. He stated that he will stop exporting nickel to the United States.

On March 4th, according to an article in the Economic Daily, the key to further solving the problem of difficult and expensive financing for private enterprises lies in focusing on the pain points and difficulties of private enterprises and implementing targeted measures. Financial management departments should enrich the tools, products, and services of the financial market in a targeted manner based on the characteristics, development laws, and actual needs of private enterprises in financing channels, corporate governance, and other aspects, and enhance the accuracy, accessibility, and convenience of financial services for private enterprises. We should continue to improve the policy environment and management system, and guide state-owned assets and industrial capital to participate more in venture capital through improving fault tolerance mechanisms, tax incentives, and other means. At the same time, we will steadily promote the pilot work of equity investment in financial asset investment companies. In addition, it is necessary to strengthen the exploration of mixed financial models, leverage the synergistic effects of the stock, bond, and loan markets, and better achieve reasonable financing support for private enterprises at different stages and stages.