AI, tech firms bolster HK, mainland stocks

Photo by SING TAO.
Photo by SING TAO.

Hong Kong and mainland China stocks rose in the morning session, boosted by artificial intelligence shares as Chinese AI startup DeepSeek reportedly became the fastest-growing company in terms of daily active users globally.

The benchmark Hang Seng Index recorded 20,655 points by midday, up 0.29 percent or 58 points, with a turnover of HK$79.7 billion.

The Hang Seng Tech Index was up by 0.95 percent to 4,977 points.

DeepSeek, just 20 days after its launch, has garnered 20 million DAU – amounting to more than 41 percent of rival ChatGPT's total user numbers, according to mainland media Cailianpress.