
Why China’s AI tech rally rests on ‘hot money’
By Summer Zhen and Jiaxing Li HONG KONG (Reuters) – China’s apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, but the buyers behind it are flighty and brokers say global investors are wary of big bets while markets swing wildly. Hong Kong’s Hang Seng (^HSI)…