Betting on advance of DeepSeek, China investors rush into AI-related stocks

Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-US technology war.

Feverish buying has pumped up shares of Chinese chipmakers, software designers and data centre operators amid patriotic calls for an upward repricing of Chinese assets as US President Donald Trump recharges a trade war with fresh tariffs.