Chinese artificial intelligence-related stocks experienced significant gains, driven by a more supportive policy tone from Beijing and optimism surrounding global demand for AI technology. Notably, shares of Zhipu and MiniMax Group surged at least 23% each in Hong Kong, contributing to year-to-date increases of approximately 2,000% and 260%, respectively. Additionally, onshore-listed chipmakers, including Semiconductor Manufacturing International Corp. and Yuanjie Semiconductor Technology Co., also saw an uptick in their stock prices.

Zhipu: Zhipu, formally known as Knowledge Atlas Technology JSC Ltd., is a Chinese developer of large language models focused on artificial intelligence applications. The company operates in the rapidly evolving AI sector, contributing to advancements in natural language processing and related technologies. Its shares surged sharply in the recent market rally driven by supportive policy signals from Beijing and sustained global AI demand.
MiniMax Group Inc.: MiniMax Group Inc. is a Chinese company specializing in the development of large language models and other AI technologies. It plays a role in China’s growing AI ecosystem by delivering advanced models for various commercial and research uses. The firm’s stock experienced significant gains amid broader market optimism fueled by policy support and international demand for AI solutions.
Yuanjie Semiconductor Technology Co.: Yuanjie Semiconductor Technology Co. is a Chinese firm engaged in semiconductor manufacturing, with a focus on chips that enable AI and related technologies. It contributes to the nation’s efforts to strengthen its position in the global semiconductor industry. The company’s stock participated in the recent rally of AI-linked shares prompted by Beijing’s encouraging policy stance.
Semiconductor Manufacturing International Corp.: Semiconductor Manufacturing International Corp. is a major Chinese semiconductor foundry that produces advanced chips essential for AI hardware and computing infrastructure. The company supports the domestic tech supply chain by manufacturing components used in high-performance processors. Its shares rose in tandem with other AI-related equities following positive policy developments in Beijing.

`json
{
“Policy Support”: “Beijing has adopted a more supportive policy stance toward artificial intelligence development.”,
“Market Sentiment”: “Positive sentiment regarding global demand for AI technology has driven enthusiasm for Chinese AI-related stocks.”
}
`