🇨🇳 The AI Boom in China: Deepseek Revives Hopes for Tech Stocks
For years, Chinese tech giants have been caught in a value trap — cheap, but without much enthusiasm from investors. Now, DeepSeek's breakthrough in AI is changing the narrative, bringing attention back to Alibaba, Tencent, and Baidu.
The Hang Seng Tech Index has just entered a bull market, and AI-driven optimism fueled a 9% rise last week. Investors are making big bets, and options activity is surging.
But can this wave of AI actually narrow the gap between Chinese tech stocks and their American counterparts? Or is it just another short-lived hype cycle?