China Equity Strategy_How crowded is the AI trade right now_
2025-02-23 14:59
ab 20 February 2025 Global Research China Equity Strategy How crowded is the AI trade right now? More inflow potential for AI-related names Our tracking of the AI-related stocks in China (summarised in this note and shown in Figure 7) has seen them up 24% YTD, outperforming the broader MSCI China index by 9%. In general, the outperformance has been concentrated in the HK and ADR internet and tech names, which were up 31% YTD, while A-share tech names were up 9%. This has likely reflected that institutional ...