After the low-key release of DeepSeek-V3, the industry was shocked and once again questioned the Silicon Valley model.

① DeepSeek released the V3-0324 model on Monday evening, with preliminary tests showing that it can run on Consumer-grade Hardware, breaking the traditional notion that large models require a Datacenter; ② DeepSeek's model continues to reduce the energy consumption and computing costs of large models while maintaining an open-source approach to continuously drive technological innovation, leading to the rapid development of the domestic AI Industry and raising questions about Silicon Valley's closed and paid model.

cls.cnMar 25 00:13 ET

Weimob's 2024 Loss More Than Doubles as Revenue Slumps 40%; Shares Tumble 11%

MT NewswiresMar 23 21:54 ET

Hong Kong Stock Morning Report｜Our country will implement comprehensive measures to expand consumption. Most China Concept Stocks are down.

1. The country will implement comprehensive measures to expand consumption; the new policy on consumer loans allows for the personal consumption loan self-payment cap to be increased from 0.3 million yuan to 0.5 million yuan in stages. 2. Trump and the U.S. Secretary of Defense made speeches stating that Russia and Ukraine will soon achieve a complete ceasefire. 3. The three major U.S. stock indices rose last Friday, while most China Concept Stocks declined. 4. Speculative traders have shifted to Put the dollar for the first time since Trump's victory.

cls.cnMar 23 18:56 ET

Weimob (02013.HK) 2024 annual report: Adjusted total revenue of 1.468 billion yuan, with smart retail revenue showing a year-on-year organic growth of 5.2%.

On March 21, WEIMOB INC (2013.HK) released its 2024 annual report, with adjusted total revenue of 1.468 billion yuan. Among them, revenue from subscription solutions amounted to approximately 0.919 billion yuan, and adjusted revenue from merchant solutions was 0.55 billion yuan. Adjustments came from a one-time price discount of approximately 0.129 billion yuan related to the rebates received from advertising services in 2023 as part of an agreement reached with the advertising platform. During the reporting period, WEIMOB INC's adjusted gross profit was 0.906 billion yuan. The operating cash flow for the entire year of 2024 significantly improved from an outflow of approximately 0.596 billion yuan in the same period last year to an outflow of approximately 3.32 billion yuan.

Gelonghui FinanceMar 21 06:19 ET

WEIMOB INC (02013) will focus on AI and the WeChat ecosystem in 2024, achieving an income of approximately 1.339 billion yuan, with ongoing improvement in Operation cash flow.

WEIMOB INC (02013) announced its performance for 2024, achieving revenue of approximately 1.339 billion yuan and a gross profit of about 5.96...

Zhitong FinanceMar 21 06:18 ET

WEIMOB INC (02013.HK): Cao Haidong has been appointed as the co-company secretary.

On March 21, Gelonghui reported that WEIMOB INC (02013.HK) announced that Mr. Cao Yi has resigned from his position as co-company secretary, effective March 21, 2025, to dedicate more of his energy and expertise to the role of Chief Financial Officer. In addition, Mr. Cao Haidong has been appointed as one of the co-company secretaries, effective March 21, 2025. The current co-company secretary, Ms. Wu Xiuwei, will continue to serve in her current position.

Gelonghui FinanceMar 21 06:15 ET