Chinese tech giants outpace US rivals in 2025 rally

Chinese tech giants outpace US rivals in 2025 rally
Chinese tech stocks have staged an impressive rally in 2025. An equal-weighted basket of seven major tech companies — including Alibaba, Tencent, and Xiaomi — gained over 40% this year. This surge contrasts sharply with a 10% decline in the Nasdaq 100, driven by struggles in the US Tech sector.