Reported about 17 hours ago
China's major technology companies are lagging behind in the global artificial intelligence market, facing lackluster demand and external pressures that hinder their growth. While U.S. tech stocks have soared, the Hang Seng Tech Index has only seen a modest gain, reflecting investor skepticism about China's economic recovery and the challenges of monetizing AI. Key players like Tencent and Alibaba are experiencing slower growth compared to their U.S. counterparts, leading to increased competition and a challenging environment for investment.
Source: YAHOO