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CX Daily: China’s Tech Sector Catches AI Funding Fever

Published: May. 26, 2026  9:00 a.m.  GMT+8
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Cover Story: China’s Tech Sector Catches AI Funding Fever

Fueled by the dizzying valuations of U.S. tech giants, a parallel capital frenzy has been ignited in China, pushing artificial intelligence (AI) startups, chipmakers and internet platforms into a blistering rush for funding.

FINANCE & ECONOMY Yuan Strengthens Note: The official closing rate at 4:30 p.m. Beijing timeSources: China Foreign Exchange Trade System, CEIC, Caixin Onshore yuan spot closing rate against the U.S. dollar 6.7 6.8 6.9 7.0 7.1 7.2 7.3 7.4 May 22 6.7947

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