汇丰：中国股票策略-机构如何应对 DeepSeek 浪潮？

13 February 2025 Equity Research Report China Equity Strategy Equity Strategy Jeffrey Xie* (Reg. No. S1700523100002) Analyst, China Equity Strategy Research HSBC Qianhai Securities Limited jeffrey.p.xie@hsbcqh.com.cn +86 10 5795 2361 Neal Chen*, PhD (Reg. No. S1700524120001) Analyst, China Equity Strategy Research HSBC Qianhai Securities Limited neal.m.chen@hsbcqh.com.cn +86 21 5066 2066 How are institutions positioned for the DeepSeek wave? AI investments tilt towards software and applications. The launch ...