CMB International says DeepSeek released and open‑sourced DeepSeek on Aug. 13
Harness (DSH) developer preview v0.1 under an MIT license. The firm interprets
DSH as a strategic shift from the model layer to the framework layer—positioning
DeepSeek as an "Android for the Agent era"—by defining a "dynamic composable
Agent" runtime standard to strengthen ecosystem control and developer lock‑in.
CMB notes faster domestic model iteration and a new phase of inference
commercialization: first systematic price increases plus peak/off‑peak pricing
by domestic leaders, which validate stronger‑than‑expected inference demand and
relatively tight compute supply. That dynamic is positive for the inference
compute chain (domestic chips, IDCs/cloud providers) and could enable further
domestic model price rises. Competition, it says, is migrating from pure model
capability to framework/application and engineering plus developer ecosystem as
the new moat; monitor Zhipu (02513.HK) GLM updates, MiniMax (00100.HK) M3 Pro,
Tencent (00700.HK) Hunyuan 4, Alibaba (09988.HK) Qianwen 4, and
commercialization progress for Agent products and use cases.
