As AI developers struggle to find a path to profits, the hardware companies that lie behind them are attracting investor attention.
Employees work on circuit board production line at an electronics enterprise, February 26, 2026, Wuzhou, China. Credit: VCG via AP Images
China’s AI darlings like DeepSeek have achieved global fame over the last year. But some Chinese companies now riding the AI gold rush — and drawing investor attention — are names of whom few consumers will ever have heard.
Victory Giant Technology executives celebrate the firm's listing on the Hong Kong Stock Exchange, April 21, 2026. Credit: HKEX
Take Victory Giant Technology, a Huizhou-based company that last month raised HK$20.1 billion ($2.6 billion) in Hong Kong’s large
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Millions of Chinese factory owners have been bequeathed a difficult inheritance. AI offers a way to modernize their parents’ low-margin businesses, but only if they can overcome often deep-rooted resistance to change.
Rebuilding healthy ties between the Indian and Chinese governments is likely to be a long process, with issues from the border to the Dalai Lama’s succession looming.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
