HK Movers | OpenClaw-Related Stocks Rise as Nvidia's Huang Calls OpenClaw "the Next ChatGPT". MiniMax Soars 19% While Knowledge Atlas Rises 13%

Tiger Newspress
03/18

Chinese shares related to OpenClaw jumped, buoyed by bullish comments from Nvidia Corp.’s chief on the potential of artificial intelligence agents.

MiniMax Group Inc., which launched its own agent earlier, climbed as much as 19% in Hong Kong, while Knowledge Atlas Technology JSC Ltd., known as Zhipu, rose as much as 13%. Cloud services provider UCloud Technology Co. also gained in Shanghai.

Chinese AI stocks got a lift after Jensen Huang said Tuesday that OpenClaw is “definitely the next ChatGPT,” describing it as a foundational shift that expands what individuals can do with the technology. The tool has garnered a cult-like following in China, providing a fresh tailwind for the local AI boom kicked off by the launch of DeepSeek more than a year ago.

“Jensen Huang’s bullish comments about the future of OpenClaw are fueling optimism over AI agent,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong. Nvidia’s plan to launch related products also means the “lobster” — the symbol of OpenClaw — fever is just kicking off, he said.

Launched in November, OpenClaw is an agent that leverages large language models to perform daily functions. Major Chinese cloud computing providers, including Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Baidu Inc., have rushed to offer OpenClaw to their customers, while LLM providers like MiniMax and Zhipu have offered tokens that power the agents.

OpenClaw is an open-source autonomous AI agent platform that does more than the traditional chatbots. Instead of answering questions, these agents can complete tasks, make decisions and take actions with minimal input from users.

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