China’s valuation-driven stock rally on AI optimism to stretch fundraising frenzy in 2026

Published 2 hours ago
Source: scmp.com
China’s valuation-driven stock rally on AI optimism to stretch fundraising frenzy in 2026
The valuation expansion that elevated Chinese stocks to world-leading gains last year will continue to galvanize equity financing by artificial intelligence companies in 2026 after a slew of eye-popping listings by key players, according to analysts. More AI players will capitalise on the rich valuations of mainland China’s technology boards to raise funds to drive research and expansion, as China and the US compete for dominance in the world’s cutting-edge technologies. After a solid run in...