In TrendsStock MarketNSE IPOIndia's EconomyRupee vs DollarDow JonesAs Trump and Xi meet, investors play both sides of AI divideThe stakes are sizable, with Wall Street banks acting as bookrunners on 19 Chinese high-tech equity capital market deals worth $17.2 billion so far this year, according to LSEG data, accounting for nearly 30% of the sector’s total issuance.By Reuters September 22, 2026, 3:37:13 PM IST (Published)(Photo Credit : Reuters )As China and the US race to build separate AI supply chains, investors are playing both sides, with US banks fundraising for AI upstarts in China and Chinese money flowing to US tech.The stakes are sizable, with Wall Street banks acting as bookrunners on 19 Chinese high-tech equity capital market deals worth $17.2 billion so far this year, according to LSEG data, accounting for nearly 30% of the sector’s total issuance.US stocks, particularly semiconductors, are also the favourite destination for China’s outbound mutual funds. The value of US equity held by Hong Kong residents and mainland Chinese has jumped 23% in the past year to top $750 billion, US data shows.The financial connections, shown in public disclosures, enmesh the competitors in a rivalry analysts say is akin to the Cold War Space…
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