From Nasdaq: 2024-05-10 08:00:57

The U.S. and China are leading the world in artificial intelligence, fueling competition between the two economic giants. Many investors are favoring U.S.-based tech companies for AI investment, while China’s AI efforts present potential opportunities for patient investors. The KraneShares CSI China Internet ETF (KWEB) offers a discounted avenue for U.S. investors seeking exposure to China’s AI growth, with holdings like Alibaba making significant AI investments. Alibaba and other Chinese tech firms are leveraging AI to drive innovation and growth, positioning KWEB as a long-term China AI play. Tencent and NetEase are also expanding their AI footprints, particularly in the gaming industry, reshaping creative processes and business models. Visit the China Insights Channel for more news and analysis on China’s AI advancements.



Read more at Nasdaq: Chinese Internet Giants Assert Themselves in AI Race