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China’s AI Stocks Surge
(MENAFN) Shares of Chinese artificial intelligence companies surged on Wednesday after Nvidia CEO Jensen Huang lauded AI agents and emphasized the new AI chatbot OpenClaw as a significant innovation.
During a Tuesday interview with a news agency, Huang referred to OpenClaw as “definitely the next ChatGPT,” noting that the open-source AI agent could considerably expand what users are able to achieve with artificial intelligence.
The comments boosted stock prices of several Chinese AI firms that have been developing products around OpenClaw. In Hong Kong, MiniMax soared 20%, while Knowledge Atlas Technology, better known as Zhipu, rose 19.5%. Both companies have recently enhanced their agentic AI capabilities and launched tools built on OpenClaw.
MiniMax and Zhipu are often considered part of China’s so-called “AI tigers,” a collection of startups creating large language models aimed at competing domestically with firms like OpenAI and Anthropic.
Zhipu also unveiled its open-source GLM-5 model last month, marketing it as particularly effective for coding tasks and other extended agent-driven applications. The firm claimed that the model performs close to Anthropic’s Claude Opus 4.5 on coding benchmarks and surpasses Google’s Gemini 3 Pro in specific areas, although these assertions have not been independently confirmed.
SenseTime, which has pivoted from facial-recognition technology to AI software, gained 1.5% after connecting one of its AI assistants to OpenClaw. Additionally, Shanghai-listed cloud computing provider UCloud Technology jumped 13.2%.
During a Tuesday interview with a news agency, Huang referred to OpenClaw as “definitely the next ChatGPT,” noting that the open-source AI agent could considerably expand what users are able to achieve with artificial intelligence.
The comments boosted stock prices of several Chinese AI firms that have been developing products around OpenClaw. In Hong Kong, MiniMax soared 20%, while Knowledge Atlas Technology, better known as Zhipu, rose 19.5%. Both companies have recently enhanced their agentic AI capabilities and launched tools built on OpenClaw.
MiniMax and Zhipu are often considered part of China’s so-called “AI tigers,” a collection of startups creating large language models aimed at competing domestically with firms like OpenAI and Anthropic.
Zhipu also unveiled its open-source GLM-5 model last month, marketing it as particularly effective for coding tasks and other extended agent-driven applications. The firm claimed that the model performs close to Anthropic’s Claude Opus 4.5 on coding benchmarks and surpasses Google’s Gemini 3 Pro in specific areas, although these assertions have not been independently confirmed.
SenseTime, which has pivoted from facial-recognition technology to AI software, gained 1.5% after connecting one of its AI assistants to OpenClaw. Additionally, Shanghai-listed cloud computing provider UCloud Technology jumped 13.2%.
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