America Bank Beijing China Chinese Donald Trump Export Exports Jensen Huang Kuaishou Nvidia Revenue Robotics Semiconductor SenseTime Social Media stocks Technology Tencent United States USA War Xi Jinping
A Bloomberg gauge, which tracks 30 Chinese tech stocks that have the biggest overseas revenue exposure, has given a return of 36% this year compared to 9% for those firms that are more dependent on local sales. By CNBCTV18.com China’s push for global AI dominance is increasingly benefiting firms that supply international markets, with investors favouring these stocks as fierce competition weighs on their peers that are domestically-focused. A Bloomberg gauge, which tracks 30 Chinese tech stocks that have the biggest overseas revenue exposure, has given a return of 36% this year compared to 9% for those firms that are…
News Timeline:
Track the development of this news story across the Internet.