This Could Be China’s Year as AI, Robots Fuel Tech Bull Market

While global markets have seesawed under the weight of US President Donald Trump’s chaotic new tariff regime this week, investors can’t get enough of Chinese technology shares in Hong Kong. They entered a bull market Friday, with the hype surrounding DeepSeek’s artificial intelligence model fueling broad interest in the country’s tech sector. The standout among them was Xiaomi, which makes everything from smartphones to electric vehicles to vacuum cleaners. Shares rallied 12% to a record high this week.

But the interest goes beyond internet companies and smartphone makers. Investors are betting robotics makers will benefit from the heightened tech rivalry with the US as China increasingly turns to homegrown companies in the pursuit of self-reliance.