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BofA: China's AI self-reliance presents investment opportunities, but valuations and geopolitics pose risks
Bank of America's head of Asia-Pacific equity strategy research, Winnie Wu, stated that China's push for tech self-reliance is opening new investment opportunities in artificial intelligence stocks. However, stretched valuations and geopolitical tensions are making the sector an increasingly risky bet. Wu noted that Chinese tech firms are catching up with overseas rivals, and a wave of high-profile listings has broadened investment opportunities.
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Source：SCMP商业 · Source Link
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