A gauge of Chinese tech shares trading in Hong Kong was poised to enter a technical bull market after DeepSeek’s artificial intelligence model ignited interest in China’s internet firms.

Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-U.

Robust gains by Chinese tech stocks have added billions of dollars in their market capitalization, driven by the sudden rise to fame by homegrown AI app DeepSeek.

Governments across Asia are cracking down on DeepSeek, amid growing concerns that the Chinese AI chatbot could compromise national security. South Korea is the latest to block DeepSeek's access to various governmental departments.

DeepSeek caught Wall Street off guard last week when it announced it had developed its AI model for far less money than its American competitors, like OpenAI, which have invested billions. But the potential risk DeepSeek poses to national security may be more acute than previously feared because of a potential open door between DeepSeek and the Chinese government,

DeepSeek code may send U.S. user data straight to the Chinese government: report - Chinese-developed AI model shook tech world after its debut last month

DeepSeek recent explosion in popularity continues to be a problem for the AI startup. In a notification spotted by Bloomberg, the company said it was temporarily limiting access to its application programming interface service in response to a shortage of server capacity.

DeepSeek, the Chinese startup whose artificial-intelligence model roiled global markets last week, said it would restrict access to its application programming interface service because of shortages with its server capacity.

DeepSeek AI is restricting access to its application programming due to an overwhelming response from the market which is constraining its capacity. The Chinese start-up rattled markets across the globe with the release of it models in January which resulted in investors selling off tech stock due to fears that the emergence of low-cost Chinese