# Lin Rongxiong

Still Riding the Dragon: Why China’s Institutional Investors Aren’t Ready to Quit AI

SDIC Securities argues that China's AI investment trend remains intact despite market volatility, suggesting that it is too early for a systematic pivot into undervalued sectors like real estate or consumption. The firm maintains that the current tech cycle is likely forming a double-top pattern and that the primary industrial narrative of AI still lacks a fundamental reason to fail.