Arabic version: التعرّض للصين يُنظر إليه باعتباره أساسياً لمحافظ الذكاء الاصطناعي

According to Cnbc, Matthews Asia portfolio manager Andrew Mattock said investors seeking greater exposure to artificial intelligence should target China. He said a more deliberate approach is needed because broad emerging-market strategies may not be effective for gaining that exposure.

Mattock told CNBC’s “ETF Edge” that investors buying an emerging-market fund or a plain-vanilla MSCI product are not getting much Chinese exposure. He said “the big piece” missing is China. Companies from South Korea and Taiwan make up almost half of the iShares MSCI Emerging Markets ETF, while the iShares MSCI China ETF does not focus on AI stocks, he noted.

Mattock manages the Matthews China Fund, which invests at least 80% of its net assets in common and preferred stocks of companies located in China, according to the firm’s website. The fund was down 4% so far this year as of Friday’s close. Its largest holdings include Tencent and Alibaba.

China investing has seen what CNBC described as a meaningful shift. In September 2024, Appaloosa Management founder David Tepper told CNBC he had bought more of “everything” related to China. Brendan Ahern, chief investment officer at KraneShares, recommended considering options strategies around ETFs such as the KraneShares CSI China Internet ETF to help protect against sharp market swings. FactSet data show that ETF has the same top two holdings as the Matthews fund, Tencent and Alibaba, and it was down more than 27% so far this year as of Friday’s close.