J.P. Morgan Asset Management Foresees "More DeepSeek Moments" for China's Tech Sector

Deep News
01/14

J.P. Morgan Asset Management stated that Chinese tech stocks will continue to benefit from technological breakthroughs as China intensifies efforts to create more companies like DeepSeek. “We do believe there are still plenty of opportunities in China's technology space,” said the firm's global market strategist, Raisah Rasid, during a briefing in Singapore. “You will see increasing advancements in robotics, and more DeepSeek moments.” Year-to-date, an index tracking mainland China's tech stocks has surged 12%, outperforming comparable indices in Hong Kong and the United States, as investors pour in. Daily progress in fields ranging from chips to humanoid robots and commercial rockets, coupled with a large number of planned stock listings, has collectively fueled this boom. Looking ahead, Rasid believes AI spending and more favorable policies will be key catalysts driving Chinese tech stocks.

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