Odaily News The JPMorgan report pointed out that measured by KWEB (KraneShares CSI China Internet ETF), the average stock price of China's Internet industry has risen by 22% since the beginning of the year, and believed that this was mainly driven by the resurgence of China's artificial intelligence industry.
The report stated that within the coverage of Morgan Stanley, except for Tencent Holdings (00700.HK), most AI-related stocks have outperformed the industry average so far this year, such as Alibaba Health (00241.HK) up 47%, Kuaishou (01024.HK) up 29%, Kingsoft Cloud (03896.HK) up 98%, and Baidu (09888.HK) up 16%. (Jinshi)