AI Boom Fuels Hong Kong’s Stock Revival;China’s AI Start-ups Race to Innovate After DeepSeek;Xi Jinp

Welcome to our 《Chinese Finance and Economy Briefing》 program. Today, we’re diving into the exciting developments in the Chinese stock market, where the AI boom has sparked a refinancing frenzy in Hong Kong! With 17 tech companies raising a whopping HK$52 billion since February, major players like BYD are leading the charge. However, analysts are keeping a close eye on potential short-term challenges as new shares flood the market.

Next up, we have the thrilling story of DeepSeek shaking up China’s AI landscape! This cost-effective model has prompted a wave of open-source initiatives among competitors, pushing start-ups like Zhipu AI to innovate rapidly. The competitive atmosphere is heating up, showcasing a fascinating shift in strategy among Chinese AI developers as they seek broader access and collaboration in the industry.

Lastly, we can’t ignore the significant shift in Beijing’s economic strategy as President Xi Jinping meets with top private entrepreneurs. This signals a renewed focus on supporting the private sector and aligning with national priorities. With younger leaders from tech and renewable sectors gaining prominence, it seems like a new era is dawning in China’s economic landscape. Please stay tuned for more detailed insights!

#JackMa #PBOC #Us-chinaTrade #ChinaEconomy #ChinaTrade #ChinaExports #ChinaInvestment #ChinaGDP #LiQiangChinaEconomy #Alibaba

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