Why was Chinese stocks alibaba, Futu Holdings and Tencen get rid of inflation fears and rise today

Despite the hottest inflation report that is expected this morning, Chinese technology shares got rid of bad news and went higher. The sector, which is being beaten since the emergence of Chatbot, has continued in Dibsic AI (AI) in China.

Great search shares and E -commerce a company Ali Baba (New York Stock Exchange: Child) 4.4 % rose from 11:34 am and others today. At the same time, the digital finance company contributed Photo holdings (NASDAQ: FUTU) 8.4 % increased, the share of the technology company and the big video games Tinetnets holders (Otc: tcehy) It was 3.5 %.

After inflation estimates in January above, most of the main market indicators were sold as investors questioned whether the Federal Reserve would be able to reduce interest rates this year with inflation is still much higher than the Federal Reserve’s goal by 2 %.

The appearance of Deepseek and the possibility of building artificial intelligence models more efficiently has some investors to take another look at the tray Technical stocksWhich performed well late. The Hang Seng index collected approximately 16 % during the past month, despite the continued conflicts in the Chinese economy from the contraction and the sick real estate sector.

“China has created a stronger presence in the Acting Acts,” Jpmorgan Chase Strategists wrote in a report on Tuesday. “The combination of the adoption of artificial intelligence with a relatively low evaluation puts Chinese technology for potential performance.”

Alibaba Rose today on media reports that consumer technology giant apple Take advantage of Alibaba to bring more artificial intelligence features to IPHONE users in China. I first reported the information about the news. According to what was reported, this step will bring the functions of Amnesty International that Chinese users want specifically, but also in a way that is compatible with the strict artificial intelligence doctrine in China. This step will also make the iPhone more competitive against companies like Huawei and Xiaomi. It is also a testament to the capabilities of artificial intelligence in Alibaba because Apple looked at technology and artificial intelligence models from many other large Chinese technology companies.

Photo also rose after analysts in Bank of America Repeat the confirmation of buying the stock yesterday and raising its target price from $ 108 to 129 dollars. The Bank of America expects that the online financial system will witness a significant significant increase by 30 % in new paid customers, while the total customer assets are expected to increase by 7 %. Strong asset flows and the ability to maintain a total profit margin of about 93 % made analysts bullish.

I don’t see anything specific about Tencent, but as one of the largest Chinese technology companies specialized in content and video games, it is not surprising that you join the gathering. Amnesty International will be the biggest problem for the company, especially since the United States continues to think about more chips.

The story continues