🇭🇰 Chinese, 7 October 2026, AI valuation
AI Companies' Valuations Surge, Focus on Innovation Board's AI Sector Repair Opportunities
China's innovation board's AI sector sees sharp decline, with some stocks plummeting by over 10%.
The innovation board’s AI sector has been hit hard, with some stocks experiencing significant declines. The sector’s ETF, Huaxia (159381), is trading lower, with a turnover of 263 million yuan. Some stocks in the sector are rising, while others are falling. Zhisang Technology is leading the gains, up 9.71%, while Yilink Network and Ruanhe Software are also up 1.60% and 1.39% respectively. Longchip Bochuang, Chinese Online, and Liantai Technology are among the decliners, down 14.02%, 12.32%, and 12.01% respectively.