TOKYO -- Asia funds and U.S. investors are rotating capital into Chinese tech stocks, analysts say, driving a rally set off by the AI chatbot DeepSeek and support for the private sector by China's president.
Future earnings multiple suggests the rally has more room to run: BNP Paribas
DeepSeek has directed “investor attention towards the Chinese equity market, which was already trading at low valuations,” according to an HSBC report. © Reuters
TOKYO -- Asia funds and U.S. investors are rotating capital into Chinese tech stocks, analysts say, driving a rally set off by the AI chatbot DeepSeek and support for the private sector by China's president.