A simple way to invest in China’s AI hardware and technology stocks through SGX
This post was created in partnership with SGX. All views and opinions expressed in this article are Beansprout’s objective and professional opinions.
What happened?
When investors think about Chinese technology stocks, companies such as Alibaba and Tencent may come to mind first. However, another part of China’s technology market has been gaining attention, including companies involved in AI chips, semiconductors, optical communications and advanced manufacturing. This part of the market has been in focus recently, with memory-chip maker CXMT raising about US$8.6 billion through its STAR Market IPO in July, followed by AI-chip maker Enflame raising US$912 million before its Shanghai debut in September. Many of these companies are primarily listed on China’s domestic STAR Market and ChiNext Board, rather than alongside the Hong Kong-listed internet companies Singapore investors may be more familiar with. One way to access a basket of STAR Market and ChiNext-listed companies through the Singapore Exchange…
