Group 1 - Semiconductor stocks have seen significant gains, with Huahong Semiconductor rising by 17.53% to HKD 55.85, ZTE Corporation increasing by 14.69% to HKD 35.92, SMIC up by 10.06% to HKD 56.9, and Innosilicon rising by 8.81% to HKD 82.1 [1] - DeepSeek has released DeepSeek-V3.1, marking a step towards the Agent era, utilizing UE8M0 FP8 Scale parameter precision designed for the upcoming generation of domestic chips [1] - Caixin Securities believes that DeepSeek's design of UE8M0 FP8 Scale parameters for the next generation of domestic chips is expected to promote the autonomy of domestic computing power [1] Group 2 - Dongwu Securities has indicated that the limitations on H20 create market opportunities for domestic computing power, as U.S. export licenses and revenue sharing mechanisms restrict its competitiveness in China [2] - The firm maintains that the restrictions on H20 open up market space for domestic computing power, which serves as the foundation for the current domestic GPU market trend [2] - It is recommended to closely monitor the expansion pace of domestic advanced process capacity and the demand guidance from internet companies, which may enhance expectations for domestic computing power chips [2]