Hello, Mooers!
Chinese tech stocks are making waves, with a significant surge this week driven by the country’s growing focus on high-tech innovations. Stocks in the AI, chip, and new-energy sectors have been especially hot, with some companies hitting their highest levels since 2022. 🚀
One key driver of this rally is DeepSeek, an AI startup that has taken the tech world by storm with its low-cost AI model. DeepSeek’s breakthrough...