DeepSeek drives Chinese stock market rally, market value reaches $1.3 trillion

DeepSeek's breakthrough in the field of artificial intelligence is helping to drive funds flowing back from the Indian stock market to the Chinese stock market. Hedge funds are pouring into the Chinese stock market at the fastest pace in months, while India is experiencing record outflows of funds due to concerns about slowing economic growth. In the past month, due to fund reallocation, the total value of onshore and offshore stock markets in China has increased by over $1.3 trillion, while the market value in India has decreased by over $720 billion. The MSCI China Index is expected to outperform its Indian counterpart index for the third consecutive month, marking the longest period of outperformance in two years.