DeepSeek Concept stocks have declined. As of the time of writing, SUNEVISION (01686) is down 5.87%, trading at 7.05 HKD; TUYA-W (02391) is down 5.3%, trading at 25 HKD; CHINA TELECOM (00728) is down 4.1%, trading at 5.62 HKD.
According to the Zhitong Finance APP, DeepSeek Concept stocks fell. As of the time of publication, SUNEVISION (01686) dropped 5.87%, priced at 7.05 HKD; TUYA-W (02391) fell 5.3%, priced at 25 HKD; CHINA TELECOM (00728) decreased by 4.1%, priced at 5.62 HKD; Alibaba-W (09988) fell 3.24%, priced at 128.5 HKD.
In the news, Alibaba Chairman Cai Chongxin stated that he has begun to see signs of a bubble in the construction of AI Datacenters. He pointed out that AI has developed rapidly in recent years, but risks have begun to emerge. Various Institutions are willing to increase their investments, but some of the funding purposes may overlap. At the same time, some companies are raising funds through SPACs to establish databases, yet have not signed usage rights with large companies, leading to signs of a bubble in related developments.
Additionally, the Goldman Sachs Analyst team has downgraded the sales forecast for Rack-level AI Servers, with expected shipments in 2025 and 2026 revised down from 31,000 units and 66,000 units to 19,000 units and 57,000 units (calculated based on 144-GPU equivalent). This adjustment is mainly due to the impact of the product transition period and uncertainties in supply and demand.
