CHINA FOREIGN MINISTRY, ON U.S. SAYING CHINA STOLE AI TECH: US STATEMENT IS 'GROUNDLESS', SLANDERS CHINA'S ACHIEVEMENTS

China's Foreign Ministry dismissed U.S. allegations that Chinese entities stole AI technology, calling the claims "groundless" and damaging to bilateral relations. The rhetoric escalates geopolitical tensions, which may weigh on investor sentiment toward Chinese technology firms amid concerns over potential U.S. export controls or sanctions. This dynamic reinforces risk repricing in China-exposed tech equities, particularly in AI, semiconductors, and dual-use technology sectors where supply chain disruptions are a persistent concern. Capital flows into Chinese tech ADRs and Hong Kong-listed tech stocks may face headwinds as Western regulatory scrutiny intensifies. Traders will watch the U.S. Department of Commerce’s upcoming review of AI chip export rules as a key near-term catalyst.

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