July 24 — UBS Securities' China internet analyst said Chinese cloud providers are pacing investment more prudently, prioritizing ROI and sustainability, and does not view the Chinese AI sector as a bubble. The analyst said that as model capabilities advance and inference demand rises, investment in China’s AI industry will gradually increase.

2026-07-24

July 24 — UBS Securities' China internet analyst said Chinese cloud providers are pacing investment more prudently, prioritizing ROI and sustainability, and does not view the Chinese AI sector as a bubble. The analyst said that as model capabilities advance and inference demand rises, investment in China’s AI industry will gradually increase.