China’s Drive for AI Self-Sufficiency Rewarding Firms with Global Focus

China’s drive for AI self-sufficiency rewarding firms with global focus

AI companies with a more inward focus have lost steam in recent years amid cut-throat domestic competition.

BofA warns of uneven risks in China’s expanding AI stock universe

The nation’s tech firms are catching up with overseas rivals while a wave of high-profile listings has broadened investment opportunities.

China’s AI self-reliance presents opportunities but valuations, geopolitics are risks: BofA

China’s push for tech self-reliance is opening new investment opportunities in artificial intelligence stocks, but stretched valuations and geopolitical tensions make the sector an increasingly risky bet, according to Bank of America. The country’s tech firms are catching up with overseas rivals…