Why is the Hang Seng Tech Index underperforming while AI shares soar?

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Source: South China Morning Post
Published: 2026-02-23 12:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, China, Business & Economy, Asia Pacific
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Snippet:
The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold
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