Home / Business and Economy / China AI Surges: Investors Bet Big on Tech Independence
China AI Surges: Investors Bet Big on Tech Independence
24 Dec
Summary
- Investors are increasing bets on Chinese AI firms for diversification and tech independence.
- China fast-tracked blockbuster IPOs for chipmakers like Moore Threads and MetaX.
- Valuations on U.S. AI stocks are rising, prompting a search for Chinese alternatives.
Global investors are significantly increasing their wagers on Chinese artificial intelligence companies, driven by a desire for diversification and Beijing's push for technological self-reliance. This surge in interest follows the recent blockbuster listings of chipmakers such as Moore Threads and MetaX, which debuted with substantial gains on mainland exchanges.
Foreign asset managers are actively seeking exposure to China's AI sector, seeing it as a strategic move amid rising valuations of U.S. AI stocks. Firms like Ruffer are shifting focus from U.S. tech giants to Chinese companies like Alibaba, which is investing heavily in AI chips and large language models. UBS Global Wealth Management also rates China tech as highly attractive due to strong policy backing and rapid AI monetization.
