
Tiger Brokers integrates DeepSeek into its AI chatbot
Chinese online broker Tiger Brokers announced the integration of the DeepSeek-R1 model into its AI chatbot TigerGPT, marking a new stage in the large-scale technological transformation of China’s financial sector. This decision reflects the growing influence of DeepSeek, whose recent technological breakthrough shook Silicon Valley and triggered a rally in Chinese technology company stocks.
Tiger Brokers, backed by investors such as electronics manufacturer Xiaomi and renowned American investor Jim Rogers, has joined an impressive list of at least 20 Chinese brokers and fund managers, including Sinolink Securities, CICC Wealth Management, and China Universal Asset Management, already implementing DeepSeek technologies.
“The impact of this technology is real. It’s no longer just a concept or marketing trick,” said Wu Tianhua, founder and CEO of Tiger Brokers, in an interview with Reuters. According to him, DeepSeek will gain access to Tiger Brokers’ financial data, helping clients analyze valuations, make trading decisions, and “feel the beauty of investing.”
UBS analysts predict that rapid AI adoption will lead to a 24% increase in financial IT spending (69 billion yuan or $9.49 billion) over five years. The main beneficiaries will be companies such as Hundsun Technologies Inc, Northking Information Technology Co, and iSoftStone Information Technology Group.
“The launch of DeepSeek R1 will accelerate the adoption of generative AI in the financial industry in 2025,” notes UBS analyst Haifeng Cao, emphasizing that the model was developed at costs representing only a small fraction of Western competitors’ expenses.
The updated version of the TigerGPT investment assistant will initially be available free of charge to users in mainland China and Singapore. The DeepSeek integration has significantly enhanced TigerGPT’s logical thinking capabilities, allowing more effective analysis of market changes and interpretation of investment opportunities. Notably, the reasoning chains generated by the DeepSeek model “often inspire even the most experienced traders.”
Against this backdrop, the Chinese fintech companies index has risen by 17% this month, approaching historical highs.