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China tech stocks: Time for investors to dive in?

Optimism is high amid China’s tech resurgence with DeepSeek’s “Sputnik” moment and Jack Ma’s return, but analysts are sounding a note of caution

 Sharanya Pillai
Published Fri, Mar 7, 2025 · 03:00 PM
    • The timing seems right, but investors have many questions: Where should they place their bets? What are the risks?
    • The timing seems right, but investors have many questions: Where should they place their bets? What are the risks? GRAPHIC: Mario Monreal, BT, Adobe Stock

    [SINGAPORE] As Chen Dong of Pictet Wealth Management travelled around South-east Asia last month – to Singapore, Thailand, the Philippines and Indonesia – his clients were visibly curious about Chinese tech stocks.

    “A lot of them were burned before and so they are cautious. But I think the enthusiasm is pretty obvious,” says Chen, the firm’s Hong Kong-based chief Asia strategist.

    “They’re seeing more and more people on the streets owning BYD cars in their countries; maybe they themselves own this (car). They probably have tried the DeepSeek chatbot themselves,” he tells The Business Times over a call.

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