China Tech Sector Continues to Thrive Amid Economic Volatility

The tech sector in China remains resilient despite slower economic growth, with a focus on themes like AI, semiconductors, and high-tech manufacturing. Leonid Mironov, a portfolio manager at Gavekal, highlights the prominence of AI as a key investment area, with more than half of his new China stock fund dedicated to related industries. Consumer and health care sectors make up only a small fraction of the portfolio, signaling strong confidence in tech. Despite China’s recent weak retail sales growth, Liqian Ren from WisdomTree emphasizes the ongoing strength of the tech industry, particularly in AI ecosystem companies. While major tech giants…