Allianz Investment expresses optimism about China's prominent tech stocks, forecasting a strong performance this year due to China's proactive approach to artificial intelligence (AI). As AI finds applications across more companies and sectors, not only the major tech giants but also other companies are expected to excel.
Allianz Investment identifies a group of leading Chinese tech companies, referred to as China's "Top Ten Tech Stocks," that are set to benefit from AI adoption. According to a report by Allianz, this group includes Alibaba, Tencent, and Meituan.
Virginie Maisonneuve, the Global Chief Investment Officer for Equities at Allianz, suggests that Chinese chip manufacturers could also gain from AI advancements driven by technologies like DeepSeek. These innovations may transform traditional industrial models and increase the demand for semiconductors.
