DeepSeek's Valuation Emerges at $52 Billion in Chinese Filing

The news that DeepSeek's high valuation could increase confidence in China's technology sector may positively impact major tech stocks such as Tencent. Technical indicators also signal a strong upward trend; the stock has risen 5.95% in the last 24 hours, with an RSI of 63.58 not yet approaching overbought territory, and the MACD remaining positive above the signal line. Additionally, the price is trading above the 20- and 50-day moving averages, suggesting that short-term momentum could continue. However, as high valuation news can sometimes trigger profit-taking, the bullish outlook is tempered with cautious optimism.

Although the news emphasizes DeepSeek's high valuation, it does not constitute a direct catalyst for BABA. Technical indicators point to overbought territory (RSI above 70), and the MACD is hovering just above the signal line. Short-term upward momentum may weaken, but being above the SMA20 and SMA50 could limit downside. Therefore, there is no clear directional signal.

The news highlights that DeepSeek's high valuation stands out in the China file. This situation may generate sectoral interest rather than serving as a direct catalyst for BIDU. In technical indicators, the RSI is at 57.6, in neutral territory, while the MACD is above the signal line but below zero. The price is above the SMA20 but close to the SMA50. No clear directional signal has formed in the short term, resulting in a neutral outlook.

While the news highlights DeepSeek's high valuation, it does not create a direct catalyst for NTES. On the technical indicators, the RSI is neutral at 50, and the MACD is below zero but approaching the signal line, indicating weak momentum. The price is trading near the 20-day SMA but below the 50-day SMA, pointing to a short-term resistance zone. The recent 2% decline at the last close and the absence of volume data make it difficult to determine a clear direction. Therefore, a sideways movement can be expected in the short term.