Asian Money Manager Shifts to Chinese AI Stocks

Kelly Chung, a prominent Asian money manager, is pivoting her investment strategy towards Chinese AI stocks, citing better value and growth potential. Shes reducing exposure to South Korea and Taiwan, where stock markets have surged but valuations are high. Chung believes Chinas AI sector, with low infrastructure spending, offers significant room for investment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.