JPMorgan: La IA en China está entrando en una nueva etapa, con los habilitadores y los modelos básicos como dos temas clave de inversión

Golden Finance reports that on May 12th, Morgan Stanley published a report indicating that China’s artificial intelligence (AI) is entering a new phase, shifting from catching up in technological capabilities to capturing value, with a focus moving from training to reasoning, from technology to application, and from potential to actual profitability.
The bank believes that at this stage, enablers and foundational models remain key investment themes, but widespread AI applications also present investment opportunities for beneficiaries.
In the bank’s risk-return analysis of AI application providers, Beisen Holdings, Meitu, Stone Technology, Midea Group, and Colossus Robotics performed outstandingly.
MiniMax and Zhipu are key players in the supply of foundational models in China’s AI field, while Alibaba is the best-positioned full-stack AI platform among the companies covered by the bank.
Morgan Stanley重点推荐宁德时代、应流股份和思源电气，作为电力领域的关键标的。
The bank continues to favor Cambrian, Tiandao Zhixin, North Huachuang, Zhongwei, ACM Research, SMIC, and Xinxing Electronics, as these AI enablers will benefit from China’s long-term semiconductor localization trend. (Dongxin News)