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Analysts: China's economy is experiencing a K-shaped recovery, with industrial robot, electric vehicle, and semiconductor output growing by at least 20% year-on-year in July, expected to continue driving AI stocks.
Analysts say China's K-shaped economic recovery will likely prompt investors to continue betting on artificial intelligence (AI) stocks. The latest data shows the tech sector remains a key driver of growth, while consumption and real estate continue to drag on the economy. Official statistics show that output in industrial robots, electric vehicles, and semiconductor manufacturing all grew by at least 20% year-on-year in July, contrasting with the overall economic weakness.
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