Chinese mid-cap stocks are expected to thrive as companies capitalize on advancements in artificial intelligence, according to Joseph Lai, a fund manager at Ox Capital Management Pty Ltd. “A lot of these mid-cap companies are benefiting from a rapid implementation of AI,” Lai said in an interview. “It’s very cheap for these companies to implement AI solutions to increase the return on investment.” Lai, based in Sydney, highlighted the potential of these companies to leverage AI technology for improved financial returns. The investment firm’s perspective comes as the AI boom continues to influence various sectors, with mid-cap companies potentially standing to gain from adopting AI solutions.
Chinese Mid-Cap Stocks Poised to Benefit from AI Advancements, Says Ox Capital
By techgeekwire