---
title: "Dehydrated Research Report | AI Search, WeChat Access to DeepSeeK, Once Soared Nearly 8%"
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/27269684.md"
description: "And Baidu once dropped by 7.5%"
datetime: "2025-02-17T04:06:44.000Z"
locales:
  - [en](https://longbridge.com/en/topics/27269684.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/27269684.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/27269684.md)
author: "[研報dog](https://longbridge.com/zh-HK/profiles/16445440.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/27269684.md) | [简体中文](https://longbridge.com/zh-CN/topics/27269684.md)


# Dehydrated Research Report | AI Search, WeChat Access to DeepSeeK, Once Soared Nearly 8%

Today, $TENCENT(00700.HK) surged, while $BIDU-SW(09888.HK) plummeted, which is quite interesting. WeChat has integrated DeepSeeK to enhance AI search, which will definitely impact Baidu. Although Baidu laid out its AI strategy early in the morning, Apple has partnered with Alibaba, leaving Baidu in a difficult position.

Minsheng Securities:

**AI search becomes a super application for accelerating the commercialization of large models**

The search model is continuously evolving from traditional linear search to AI search, which fundamentally changes how users retrieve information. AI search technology not only generates content but also focuses more on semantic understanding and personalized recommendations. Additionally, AI search technology can connect different internet service scenarios, building an intelligent product ecosystem. The processing flow of traditional search engines can be roughly divided into "web crawling - indexing - processing - searching - ranking - displaying," and the linear nature of this mechanism leads to certain limitations in search results. The two main attributes of AI search engines, extraction and proactive answering, break the threshold of information retrieval.

In the era of large models, AI search is expected to become an "all-in-one" entry point, with various innovative business models emerging. In addition to traditional subscription fees and token-based charges, AI search's precise AI push has become an important innovation in business models, and AI search is gradually establishing an AI search business ecosystem.

**Tencent WeChat launches DeepSeek AI search, 1 billion+ DAU will ignite computing power and marketing demand**

According to reports, WeChat is currently testing the integration of the DeepSeek-R1 model, and users can choose Tencent's mixed Yuan model/DeepSeek-R1 model when using search, reading, writing, and knowledge bases. As a national-level application with over 1 billion DAU, the massive user base of WeChat's public account search, video accounts, and mini-programs combined with the high-performance DeepSeek model will boost Tencent's computing power demand and WeChat's advertising marketing business growth:

**Computing power demand:** The rising activity in high-frequency scenarios within the WeChat ecosystem (such as mini-programs, video accounts, and search) combined with WeChat's own 1 billion+ DAU will require massive computing power for training and inference of the DeepSeek model, especially as the demand for GPU clusters increases for complex semantic understanding tasks. This potential massive consumption of computing power is expected to drive continuous growth in computing power demand.

**Marketing demand:** WeChat deeply integrates into users' relationship chains, entertainment, and various aspects of life payments, and the embedded advertising and precise marketing business are expected to receive strong stimulation. With its efficient data processing capabilities, cost advantages, and strong Chinese language processing capabilities, DeepSeek is bringing profound changes to the WeChat ecosystem, and the enormous search volume from users will directly boost the growth of Tencent's advertising and application business **Investment Advice:** Tencent's launch of AI search further clarifies AI search as the "first ray of light" for the commercialization of large models, expected to benefit in two aspects:

First, amplifying computing power demand, recommended to pay attention to: Inspur Information, Huqin Technology, Gaolan Co., Ltd., Kehua Data, Hongxin Electronics, etc.;

Second, activating Tencent's advertising and application business, recommended to pay attention to: Dream Network Technology, Fanwei Network, Changliang Technology, Star Ring Technology, etc.

**Risk Warning:** Uncertainty in technological development and intensified industry competition

### 相關股票

- [BIDU-SWR (89888.HK)](https://longbridge.com/zh-HK/quote/89888.HK.md)
- [Baidu (BIDU.US)](https://longbridge.com/zh-HK/quote/BIDU.US.md)
- [BIDU-SW (09888.HK)](https://longbridge.com/zh-HK/quote/09888.HK.md)
- [TENCENT (00700.HK)](https://longbridge.com/zh-HK/quote/00700.HK.md)
- [TENCENT-R (80700.HK)](https://longbridge.com/zh-HK/quote/80700.HK.md)
- [Tencent HK SDR 10to1 (HTCD.SG)](https://longbridge.com/zh-HK/quote/HTCD.SG.md)
- [Tencent (TCEHY.US)](https://longbridge.com/zh-HK/quote/TCEHY.US.md)
- [Tencent Holdings Limited (TCTZF.US)](https://longbridge.com/zh-HK/quote/TCTZF.US.md)

## 評論 (1)

- **Dawn_X · 2025-02-17T04:31:21.000Z · 👍 1**: If Apple and Baidu cooperate, Apple will be dragged down by it.