Hang Seng Index Company: Hang Seng Tech Index rose over 53% in the past year, DeepSeek model becoming a key catalyst.

According to the Wise Finance APP, the Hang Seng Index Company announced that after recording a nearly 19% increase in 2024, the Hang Seng Technology Index achieved over 53% increase in the past year and is expected to continue its upward trend in 2025. As of July 18, 2025, the technology stock index focusing on technology stocks has risen by a further 24% this year. The continuous rise of the technology index is mainly attributed to DeepSeek's introduction of its cost-effective large language model (LLM) in January, which has boosted market optimism towards Chinese artificial intelligence and thus driven the performance of technology stocks. In addition, the technology index has recovered from the decline caused by the tense trade situation in April 2025.