Reuters: Global Investors Turn to Chinese AI as Wall Street Fears Bubble

Amid growing concerns about the overvaluation of US tech giants, global investors have begun actively reallocating capital to the Chinese artificial intelligence market. According to Reuters analysis from December 23, 2025, hedge funds and venture capitalists see a more attractive price-to-growth potential ratio in Chinese startups (such as MiniMax, 01.AI, and DeepSeek). This trend is reinforced by Beijings aggressive industrial policy, which incentivizes local chipmakers and AI developers to go public.

Analysts note that the "bubble effect" surrounding companies like Nvidia and OpenAI is driving the search for alternative growth hubs, despite lingering geopolitical risks and US sanctions. The Chinese market offers lower valuation multiples with comparable rates of technological progress in applied fields. Experts warn that this influx of "hot money" could lead to high volatility, but the long-term bet is placed on the creation of an autonomous AI ecosystem in the PRC, independent of Western technologies.

Source: Reuters