China’s AI Listings Boom Leaves Investors Flying Blind
A flurry of stock market listings by Chinese artificial intelligence companies has opened up a gap in analyst coverage as brokerages struggle to keep up with the breakneck pace of the debuts.
Almost 80% of the 27 AI-related companies that listed in Hong Kong in the past year have attracted fewer than three analysts, according to data compiled by Bloomberg. The list of the sparsely covered firms includes Shanghai Biren Technology Co. and OneRobotics Shenzhen Co., whose shares have surged more than 60% since listing.