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China's AI stock rally gets a Jensen Huang boost: Why analysts remain bullish
Chinese artificial intelligence model developers rallied sharply on Wednesday after Nvidia Chief Executive Officer Jensen Huang joined US President Donald Trump on his visit to Beijing, fuelling hopes that China could gain wider access to the chipmaker's advanced semiconductors. Shares of MiniMax Group Inc. closed about 18% higher, while Knowledge Atlas Technology Joint Stock Co. climbed roughly 37% by day's close, extending a rally that has made Chinese AI firms among the hottest trades in Hong
Chinese artificial intelligence model developers rallied sharply on Wednesday after Nvidia Chief Executive Officer Jensen Huang joined US President Donald Trump on his visit to Beijing, fuelling hopes that China could gain wider access to the chipmaker's advanced semiconductors. Shares of MiniMax Group Inc. closed about 18% higher, while Knowledge Atlas Technology Joint Stock Co. climbed roughly 37% by day's close, extending a rally that has made Chinese AI firms among the hottest trades in Hong Kong markets this year.