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　　金山云（03896）盘中最高涨超27%，截至发稿，股价上涨23.87%，现报7.37港元，成交额3.81亿港元。

　　消息面上，DeepSeek此前发布的DeepSeek-R1开源模型表现卓越，引发市场震动。

　　华泰证券认为，此次DeepSeek凭借低成本、高性能优势引发市场波动，或推动投资者重新评估中国科技企业在AI赛道的技术潜力，中美科技股或迎来价值重估行情。

　　光大证券指出，未来三年金山云将继续为金山软件和小米集团提供云服务，同时受益于金山软件办公业务WPS AI商业化推进+云游戏发行和运营。

　　海通证券表示，公司业务结构优化与AI共振，生态协同优势有望加速业绩增长。

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