Hedge Fund Triata Gains 39% as DeepSeek Boosts Fund Returns.

A rally in Chinese stocks tied to excitement over DeepSeek and Unitree Robotics lifted returns of several hedge and long-only funds last month.

DeepSeek’s unveiling of a lower-cost, open-source artificial intelligence model and Unitree’s showcase of its robotics technology captured investors’ imagination. The MSCI China Index surged almost 12% in February and has extended gains this month, led by stocks expected to benefit from the wider adoption of the technologies.

The sale of a minority stake last year valued GDS’s international business at around $3.86 per ADR, implying the market hadn’t taken into account much of the potential extra demand from the mainland Chinese AI software and infrastructure industries, the person said. GDS surged above $40 in February.

Triata, with more than $1 billion in assets, holds AI software companies including those involved in cloud computing and turning text into short videos, said the person.

Source: FINANCE.YAHOO