South Korean investors pour millions into MiniMax, other Chinese AI and chip stocks

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South Korean retail investors are significantly increasing their investments in Chinese AI and chip stocks. Between January 2 and the present, they purchased $507 million in Hong Kong-listed shares and $154 million in mainland-listed shares, already matching the combined total for January and February 2023. The investments are concentrated in AI and semiconductor companies, with MiniMax AI in Hong Kong and Naura Technology on the mainland being popular choices. This surge in investment is driven by the belief that these Chinese companies, particularly those in the AI sector, have high growth potential. Data was collected from SEIBro, a portal operated by the Korea Securities Depository.
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