In TrendsStock MarketNSE IPOIndia's EconomyRupee vs DollarDow JonesChina's AI trade tilts towards global winners over local firmsA Bloomberg gauge, which tracks 30 Chinese tech stocks that have the biggest overseas revenue exposure, has given a return of 36% this year compared to 9% for those firms that are more dependent on local sales.By CNBCTV18.com September 23, 2026, 8:06:14 AM IST (Published)China's push for global AI dominance is increasingly benefiting firms that supply international markets, with investors favouring these stocks as fierce competition weighs on their peers that are domestically-focused.A Bloomberg gauge, which tracks 30 Chinese tech stocks that have the biggest overseas revenue exposure, has given a return of 36% this year compared to 9% for those firms that are more dependent on local sales. Another measure of the export-oriented companies' outperformance over the other group points towards the strongest-ever reading this year.The contrast is partly a result of Beijing's ambitions to build its own AI ecosystem. The campaign for self-sufficiency has led to intense international competition and a price war that has eroded profit margins on robotics to chips. Meanwhile, Chinese firms that are export-oriented have thrived on surging demand globally for AI infrastructure such as data centres.China's AI…
Original source: https://www.cnbctv18.com/technology/
