Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies
On January 20, 2025, the open-source large model DeepSeek-R1 was launched in China, marking another major technological breakthrough in generative AI. As a representative of domestic large models, it quickly attracted significant market attention. This study selects 152 A-share listed companies from...
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| Language: | English |
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EDP Sciences
2025-01-01
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| Series: | SHS Web of Conferences |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_01027.pdf |
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| _version_ | 1850087066060193792 |
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| author | Li Dongjun |
| author_facet | Li Dongjun |
| author_sort | Li Dongjun |
| collection | DOAJ |
| description | On January 20, 2025, the open-source large model DeepSeek-R1 was launched in China, marking another major technological breakthrough in generative AI. As a representative of domestic large models, it quickly attracted significant market attention. This study selects 152 A-share listed companies from the artificial intelligence industry chain as the observation sample, and employs an event study method to quantitatively analyze abnormal stock price movements before and after the technology announcement. The results indicate that the release of new technology produced a significant positive impact on AI-related industries, with market sentiment turning optimistic in the short term, although a long-term adjustment trend is observed. Additionally, the study examines the market response characteristics of both upstream and downstream sectors in the AI industry. The reactions across different segments are asymmetric; upstream enterprises experience more volatile stock prices due to the risks of technological substitution and a structural contraction in market demand. |
| format | Article |
| id | doaj-art-52ef72370cb54ac4a05616d9dfd786b0 |
| institution | DOAJ |
| issn | 2261-2424 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj-art-52ef72370cb54ac4a05616d9dfd786b02025-08-20T02:43:17ZengEDP SciencesSHS Web of Conferences2261-24242025-01-012180102710.1051/shsconf/202521801027shsconf_icdde2025_01027Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept CompaniesLi Dongjun0Business school, China University of Political Science and LawOn January 20, 2025, the open-source large model DeepSeek-R1 was launched in China, marking another major technological breakthrough in generative AI. As a representative of domestic large models, it quickly attracted significant market attention. This study selects 152 A-share listed companies from the artificial intelligence industry chain as the observation sample, and employs an event study method to quantitatively analyze abnormal stock price movements before and after the technology announcement. The results indicate that the release of new technology produced a significant positive impact on AI-related industries, with market sentiment turning optimistic in the short term, although a long-term adjustment trend is observed. Additionally, the study examines the market response characteristics of both upstream and downstream sectors in the AI industry. The reactions across different segments are asymmetric; upstream enterprises experience more volatile stock prices due to the risks of technological substitution and a structural contraction in market demand.https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_01027.pdf |
| spellingShingle | Li Dongjun Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies SHS Web of Conferences |
| title | Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies |
| title_full | Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies |
| title_fullStr | Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies |
| title_full_unstemmed | Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies |
| title_short | Impact of the DeepSeek-R1 Model Launch on the Value of Chinese AI Concept Companies |
| title_sort | impact of the deepseek r1 model launch on the value of chinese ai concept companies |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_01027.pdf |
| work_keys_str_mv | AT lidongjun impactofthedeepseekr1modellaunchonthevalueofchineseaiconceptcompanies |