onsdag 16. juli 2025

Foreign investors are returning to China in search of opportunities in artificial intelligence startups

There’s a murmur of excitement in China’s venture capital circles these days: foreign investors are starting to return with U.S. dollars. It’s a result of DeepSeek’s AI disruption, coupled with a buoyant Hong Kong IPO market on track to surpass Wall Street this year as the world’s largest by money raised. Beijing’s signals to support businesses in recent months have also helped.

The Hang Seng Index’s surge of over 20% so far this year reflects near-term optimism. Another sign comes from word of Chinese venture capital firms raising U.S. dollar-denominated funds again, after a dry spell in which the VCs had to turn to local investors with Chinese yuan funds.