AI Surge Fuels China Tech Stock Rally

Beijing – Chinese stock markets have ignited with renewed vigor as investors pile into technology companies riding the wave of artificial intelligence (AI). The rally is being led by major names like Alibaba, Baidu, and JD.com, whose shares have surged following announcements of new AI initiatives and partnerships. 

Alibaba’s stock leapt 3.5% in Hong Kong, while Baidu and JD.com also posted gains of 4.5% and 3.1%, respectively. The Hang Seng index added 1.6% in response to the bullish sentiment. 

The optimism stems from deepening AI investment: Alibaba recently rolled out a new language model and strengthened its partnership with Nvidia, while its mapping app Amap saw 360 million daily users during China’s National Day holiday. 

Some analysts are revising their outlooks upward. Goldman Sachs, for example, raised its 12-month target for the CSI 300 index and cited AI adoption as a key catalyst. 

Still, regulators are watching closely. China’s securities watchdog has warned of AI-driven misinformation affecting market behavior, and pledged to crack down on false reporting. 

As AI becomes more central to business models across China’s tech ecosystem, the market’s current rally may reflect more than short-term hype — it could be a signal of a deeper transition in how investors value tech in the years ahead.