{
  "id": 1894280,
  "title": "China fund managers stick with AI, chips in August despite July sell-off, survey finds",
  "url": "https://urgent.news/2026/08/19/china-fund-managers-stick-with-ai-chips-in-august-despite-july-sell",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-19T08:13:55.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/markets/article/3364550/china-fund-managers-stick-ai-chips-august-despite-july-sell-survey-finds"
  },
  "original_language": "en",
  "account": "China fund managers maintained their focus on AI and semiconductor investments in August, despite a sharp sell-off in global semiconductor shares in July, according to a Bank of America survey. In August, 73% of surveyed China-based fund managers selected AI and chips as their top two investment themes, up from 60% in July and 50% in June. This preference for AI and chips was higher than the global average of 56%. In contrast to the US market, where semiconductor stocks plummeted 21% in July, China's chip-savvy market indices rebounded in August. Additionally, only 27% of Asia-based fund managers remain optimistic about semiconductor-export growth in South Korea and Taiwan, compared to 60% in July. Despite this cautious outlook, 64% of Asia-based fund managers require proof of revenue generation from AI investments before increasing their holdings of related stocks. The survey polled 98 fund managers across the Asia region, representing $272 billion in assets under management.",
  "summary": "Despite July’s sharp sell-off in global semiconductor shares, driven by concerns over AI-linked profitability, artificial intelligence and chips remained China’s most preferred investment themes in August, while more investors moved to hedge tech exposure, according to a survey by BofA Global Research. The findings come from the August edition of the Asia Fund Manager Survey, for which Bank of…",
  "key_points": [
    "73% of China fund managers favored AI and chips in August, up from July.",
    "Global average preference for AI and chips was 56%, higher in China."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "China fund managers stick with AI, chips in August despite July sell-off, survey finds",
        "url": "https://urgent.news/2026/08/19/china-fund-managers-stick-with-ai-chips-in-august-despite-july-sell-1896742",
        "published": "2026-08-19T08:13:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}