Chinese AI stocks advance after Xi Jinping’s incubator visit

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Shares of Chinese smart-device manufacturers rose after president Xi Jinping visited an artificial-intelligence innovation center in Shanghai.
YingTong Telecommunication Co.,Ltd., which makes wireless acoustic parts and bluetooth headphones used in AI glasses, jumped by the 10% limit in Shenzhen. Minami Acoustics Ltd. and Shenzhen Rapoo Technology Co., which manufacture consumer electronics parts, each gained more than 6%.

China’s prime-time news program on Wednesday led with a four-minute segment on Xi’s visit to an incubator and accelerator…



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Chinese AI stocks advance after Xi Jinping’s incubator visit


Shares of Chinese smart-device manufacturers rose after president Xi Jinping visited an artificial-intelligence innovation center in Shanghai.
YingTong Telecommunication Co.,Ltd., which makes wireless acoustic parts and bluetooth headphones used in AI glasses, jumped by the 10% limit in Shenzhen. Minami Acoustics Ltd. and Shenzhen Rapoo Technology Co., which manufacture consumer electronics parts, each gained more than 6%.

China’s prime-time news program on Wednesday led with a four-minute segment on Xi’s visit to an incubator and accelerator…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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