Category: Flash News

On February 5th, CITIC Securities Research Report stated that the training and inference computing power requirements for DeepSeek R1 are relatively low, mainly due to the optimization and coordination of algorithms, frameworks, and hardware implemented in DeepSeek R1. The scaling law on the pre training side in the past is gradually moving towards a broader space. In the stage of deep inference, the future computing power demand of the model will still show explosive growth. Adequate computing power demand is still crucial for the performance improvement of artificial intelligence models.

On February 5th, a research report by Haitong Securities stated that in recent years, there has been significant progress in domestic models. By 2024, models such as Kimi and Doubao will gradually become popular, leading to the development of user habits. The release of DeepSeek-R1 aligns with the performance of OpenAI-o1 official version, but at a lower cost, and is expected to bring more opportunities for downstream application landing and commercialization. We continue to be optimistic about investment opportunities in AI applications.

On February 5th, US President Trump nominated Neil Jacobs as the Director of the National Oceanic and Atmospheric Administration on February 4th local time. Jacobs served as the acting director of the National Oceanic and Atmospheric Administration during the first Trump administration.

① At 08:30, Federal Reserve Vice Chairman Jefferson delivered a speech; ② 09:45 China’s January Caixin Service PMI; ③ 15: 45. Monthly industrial output rate of France in December; ④ 16: 50 France’s January Service PMI Final Value; ⑤ 16: 55 Germany’s January Service PMI Final Value; ⑥ 17: 00 Eurozone January Service PMI Final Value; ⑦ 17: The final value of the January PMI for the UK service industry; ⑧ 18: December PPI rate in the 00 euro area; ⑨ 20: 30 Federal Reserve’s Barkin accepts media interviews; ⑩ 21:15 ADP employment figures in January in the United States; ⑪ 21:30 US December trade account, US Treasury Department releases quarterly refinancing plan; ⑫ At 22:00, the Federal Reserve’s Barkin attended a fireplace talk; ⑬ 22:45 US January S&P Global Services PMI Final Value; ⑭ 23:00 US January ISM Non Manufacturing PMI; ⑮ From 23:30 in the United States until the week of January 31, EIA crude oil inventory and EIA strategic petroleum reserve inventory.

On February 5th, US President Trump announced on February 4th local time that the US government is investigating the legality of sending violent and dangerous American criminals to foreign prisons. Trump said that not only El Salvador, but “many” other countries have proposed to accommodate violent criminals in the United States, but all of this will be subject to national laws, and the US government is studying whether it can be done.

On February 5th, according to data released by the US Department of Homeland Security on February 4th local time, federal officials have arrested 8768 immigrants and expelled 5693 people since the Trump administration took office. According to data from the Department of Homeland Security, an average of about 626 people were arrested per day during the past two weeks of the Trump administration.

On February 5th, several bank wealth management companies recently released their asset allocation prospects for 2025. Multiple bank wealth management companies believe that by 2025, the domestic economy is expected to steadily recover with policy support, and the expectation of loose monetary policy provides liquidity support for the market. The stock and bond markets are expected to continue to thrive. In terms of the stock market, under the background of policy promotion and fundamental improvement, the A-share market is worth looking forward to, focusing on sectors such as domestic consumption, high dividend dividends, and technological growth. In terms of the bond market, it may exhibit a volatile trend in the short term due to multiple factors; In the medium to long term, the downward trend in yields is likely to continue. (China Securities Journal)

On February 5, during the Spring Festival holiday, China’s AI start-ups’ DeepSeek “phenomenal” rise triggered a huge shock in US tech stocks. Nvidia once fell sharply, dragging down US stocks, while Chinese asset and precious metal prices were active. At the same time, the Hong Kong stock market performed outstandingly in trading on February 3-4, with the Hang Seng Technology Index leading the way with strong gains. In this context, institutions generally have expectations for a “good start” in the A-share market after the holiday, and believe that the spring restlessness is expected to continue. (Shanghai Stock News)

February 5, according to the performance of public funds, the the Year of the Loong is a bumper year. Relying on the strong rebound since late September 2024, the performance of the Lunar the Year of the Loong Year is generally good. Nearly 90% of active equity funds have achieved positive returns, with an average return of more than 14%, more than 470 funds have returned more than 30%, and the best performing funds have soared by 94%. Looking ahead to the market, fund managers are generally optimistic about the future. They not only see the endogenous growth potential of the Chinese economy, but also the investment opportunities brought by AI technology innovation. (Shanghai Stock News)

On February 5th, Hideo Hayakawa, former executive director of the Bank of Japan, stated that the central bank may continue to raise benchmark interest rates beyond the current market consensus, and may raise rates twice this year on the basis of last month’s rate hike. Hayakawa stated that based on his own assessment, he expects the Bank of Japan’s terminal interest rate for this cycle to be around 1.5%. This is higher than most analysts’ expectations, but in line with the International Monetary Fund’s (IMF) forecast.