China fund managers stick with AI, chips in August despite July sell-off, survey finds

A footbridge with a screen displaying the Shanghai Composite Index is seen in Shanghai’s financial district of Shanghai on Wednesday. Photo: AFP

Despite July’s sharp sell-off in global semiconductor shares, driven by concerns over AI-linked profitability, artificial intelligence and chips remained China’s most preferred investment themes in August, while more investors moved to hedge tech exposure, according to a survey by BofA Global Research.

The findings come from the August edition of the Asia Fund Manager Survey, for


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