Asian shares mixed as DeepSeek lifts Chinese tech stocks

Chinese technology stocks trading in Hong Kong appear poised to enter a bull market after AI models released by DeepSeek sparked renewed interest in China’s technology firms.

Chinese companies can afford top talent. Currently, ByteDance (Tik Tok) is recruiting newly graduated LLM computer science PhDs with a salary of 5 million RMB per year about $686,000 annual salary.

ByteDance however is currently lagging behind in the LLM competition.

Chinese technology companies that have gained a competitive advantage offer the best LLM PhDs without work experience, a salary of 20 million RMB/year, $2.7 million a year, plus a large number of shares.

 recruiting newly graduated LLM computer science PhDs with a salary of 5 million RMB per year about $686,000 annual salary

Well, as always, some have all the luck. Very nice income for those overestimated youngsters, who have collected all the qualification papers but not the slightest basic knowledge, working on something that just cannot function and is completely overhyped nonsense.