China’s ‘AI giants’ shares skyrocket after Nvidia CEO heralds OpenClaw as ‘next ChatGPT’

Shares of Chinese AI firms spiked on Wednesday after optimistic insights from Nvidia CEO Jensen Huang regarding the potential of AI agents and OpenClaw.

On Tuesday, Huang remarked that OpenClaw was "certainly the successor to ChatGPT," describing it as a groundbreaking advancement in enhancing user capabilities with AI.

OpenClaw, an open-source AI tool, has been gaining traction in China, with numerous local tech giants integrating it into their services and releasing their own variants.

MiniMax and Knowledge Atlas Technology, also recognized as Zhipu, saw their stock prices soar by 22% and 14% in Hong Kong, correspondingly.

Both AI enterprises are intensifying their agentic AI solutions and have recently introduced products developed on OpenClaw.

Minimax and Zhipu are part of China's emerging "AI tigers," a consortium of businesses that are crafting extensive language models to compete with firms like OpenAI and Anthropic.

Zhipu also revealed GLM-5 last month, a public large language model tailored for superior coding skills and enhanced agent-centric activities.

The company claims its competence approaches Anthropic's Claude Opus 4.5 in coding evaluations and surpasses Google's Gemini 3 Pro in certain assessments, though CNBC hasn't independently confirmed these assertions.

SenseTime, shifting from facial recognition surveillance to AI software platforms, recently combined one of its AI assistants with OpenClaw, seeing a 2.43% uptick in its stock. Cloud computing enterprise UCloud Technology, listed in Shanghai, climbed 13%.

"The swift adoption of artificial intelligence in China underscores its role as one of the globe's primary AI markets," Moody's highlighted in a recent statement.

Nevertheless, the spread of AI usage varies among different sectors, showing disparities in digital maturity and causing diverse credit outcomes.

Major tech companies are leading in sophisticated and financially impactful AI incorporation, while consumer and industrial entities are adopting these technologies more selectively to boost efficiency.