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AI & Enterprise
DeepSeek V4 sparks revaluation call for China\'s AI sector
The launch of DeepSeek’s latest AI model, V4, is expected to spur a broad revaluation of China’s AI industry, with analysts citing potential gains in demand for Chinese high-performance chips and wider commercial adoption. Chip designers and foundries are seen as beneficiaries, while securities firms project rapid growth in China’s AI chip market. Morgan Stanley also flagged lower inference costs and possible Hong Kong index inclusion for AI model firms.
Finance
Shinhan Financial makes 100 billion won additional contribution to Miso Finance Foundation
Shinhan Financial Group has made an additional 100 billion won contribution to the Shinhan Miso Finance Foundation, becoming the first among 38 operators of Miso Finance foundations in South Korea to do so since the foundation was established in 2009. The group said it signed an agreement with the Korea Inclusive Finance Agency and the foundation to support youth and regions in crisis and discussed cooperation measures. It also plans an asset-building support programme for diligent borrowers.
Finance
Shinhan Bank to launch loan for refinancing savings bank credit loans
Shinhan Bank said on Thursday it will launch a loan product in the first half of this year to refinance savings bank credit loans, aiming to reduce financing costs for mid- to low-credit borrowers. The bank said the product expands its Bring Up and Value Up project across the savings bank sector. It will offer refinancing to customers with at least 1 year of employment and annual income of 20 million won or more, with a limit of 100 million won.