<h1>DeepSeek's New AI Model Fuels 14.7% Growth in Chinese Tech Stocks; Major Firms and ETFs Reap Benefits</h1> A new AI model by DeepSeek is boosting Chinese tech stocks, with the CSI Artificial Intelligence index gaining 14.7% year-to-date. The model's cost-effective deployment is driving adoption across various sectors, including finance and healthcare. Major tech companies like Alibaba, Baidu, and Huawei are integrating this AI into their systems. E Fund Management, China's largest mutual fund manager, is capitalizing on AI trends through ETFs, notably the E Fund CSI Artificial Intelligence Thematic ETF, which has seen significant growth. E Fund has also incorporated DeepSeek's model into its operations, enhancing its AI capabilities and digital infrastructure.