According to customs data cited by Xinhua, China's high-tech product exports increased by more than 50% in July 2026 compared to the same period last year, much higher than the 17.8% increase in total export turnover.
Rob Subbaraman - Head of Global Macroeconomic Research and Co-Head of Global Market Research at Nomura Financial Services Group, said that abundant energy supply and high-quality human resources are driving the rapid development of the AI industry chain.
He believes that Chinese businesses such as DeepSeek and Moonshot AI can help businesses access AI at a lower cost and accelerate the process of applying technology.
Goldman Sachs - a US financial and investment banking group, has twice raised the 12-month target for the CSI 300 index this year, while maintaining a positive outlook on Chinese stocks.
Kinger Lau - Chief Strategy Officer for Chinese Stocks at Goldman Sachs Research, said this view is based on improved profit prospects, macroeconomic conditions and favorable liquidity. He believes that Chinese A-list stocks also offer opportunities for portfolio diversification for international investors, especially in the high-tech and AI sectors.
ChangXin Memory Technologies (CXMT) - A Chinese memory chip manufacturer, also attracted attention after listing on STAR Market, a trading floor for technology businesses in Shanghai.
CXMT shares rose 465.82% on the first trading day last month, bringing the company's market capitalization to more than 3.2 trillion yuan.
Tema ETF - The US fund management company, included CXMT in the largest investment group of the Tema Memory ETF fund with a ratio of 10.56% on the same day the business was listed. MSCI then also included CXMT in the China All Shares Index.
The robotics field is also receiving attention. Unitree Robotics - a Chinese enterprise specializing in robot development, is preparing to list on the mainland stock market. The company plans to issue shares at a price of 150.8 yuan/share, equivalent to 10% of charter capital after issuance and can raise about 6.1 billion yuan.
However, financial institutions also noted risks to the economy. Nathan Chow - Senior Economist at DBS, a Singaporean financial service group, said that the situation of relatively high supply while weak demand still exists. Household consumption and profits of some businesses continue to be under pressure.
Song Yu - Chief Economist in charge of China at UBS Securities, said that economic policy needs to be implemented more synchronously, including accelerating budget spending, using capital from bonds, strengthening policy support and coordination between fiscal policy and monetary policy.
