Gaotu Techedu Inc. (GOTU) saw its shares soar by 5.93% in Wednesday's pre-market trading, carried by the wave of optimism surrounding China's burgeoning AI capabilities and the potential for further upside in Chinese tech stocks.
The surge in GOTU's stock price comes amid a broader rally in Chinese ADRs and ETFs, with investors rushing to capitalize on the country's recent breakthroughs in artificial intelligence. The excitement was fueled by the impressive performance of DeepSeek, a Chinese AI model that has challenged previous assumptions about the nation's technological prowess.
Wall Street analysts have expressed bullish sentiment toward Chinese stocks, particularly those in the AI and tech sectors. Firms like Morgan Stanley, JPMorgan, and UBS expect the momentum driven by AI advancements to persist in the near term, citing the potential for valuation re-rating and increased global investor interest in China's tech landscape.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。