Stock Track | SMIC Soars 6.94% as DeepSeek AI Success Fuels Reassessment of Undervalued Chinese Tech Stocks

Stock Track
02-06

Semiconductor Manufacturing International Corp (SMIC) saw its stock price surge 6.94% in intraday trading on Thursday, outperforming the broader Hong Kong market. This rally came amid growing investor optimism towards Chinese technology companies that are currently trading at steep discounts compared to global peers.

The catalyst for SMIC's surge appears to be the recent success of Chinese artificial intelligence startup DeepSeek. As investors reassess China's AI and tech capabilities in light of DeepSeek's achievements, they are piling into undervalued Chinese tech stocks like SMIC. On Thursday, SMIC was among several such firms like BYD Electronic, Horizon Robotics, BYD, Kingsoft Cloud, and Li Auto that saw significant share price gains.

With an average price-to-earnings ratio of just 20.5 times compared to over 40 times for US tech giants like Nvidia and Apple, analysts argue Chinese tech stocks are severely undervalued given their innovation potential. The rebound in these stocks may signal a shift in sentiment as the AI boom narrows the perceived gap with Silicon Valley.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10