‼️ 🧠 Chinese tech stocks need a domestic AI catalyst to narrow their valuation gap with US peers: Bloomberg Intelligence notes the China Tech 8 now trades at a more than 50% discount to the Magnificent Seven, its widest gap this year, as Chinese shares fell further behind while global markets rallied on AI momentum last week; BI says clearer advances in agentic AI will be key to reviving China’s equity recovery given AI’s growing role in US-China competition.
