Zhipu, Minimax after Nvidia Jensen Huang OpenClaw comments
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global artificial intelligence conference on March 17, 2026 in San Jose, California.
Carlos Barria | Reuters
Chinese AI stocks rose Wednesday following upbeat comments from Nvidia CEO Jensen Huang about the promise of AI agents and OpenClaw.
On Tuesday, Huang said OpenClaw is “definitely the next ChatGPT,” calling it a transformative step in expanding what users can achieve with artificial intelligence.
OpenClaw is an open-source AI agent that is increasingly adopted in China, with many local tech companies integrating it into their offerings and releasing their own versions.
MiniMax and Knowledge Atlas Technology, also known as Zhipu, rose 22% and 14% respectively in Hong Kong. Both AI companies had previously introduced agents built on OpenClaw.
Minimax and Zhipu are among China’s emerging “AI tigers,” a group of companies developing large language models to rival the likes of OpenAI and Anthropic.
Last month, Zhipu also introduced GLM-5, an open-source broad language model designed with more powerful coding capabilities and support for extended agent-based tasks. The company said its performance was approaching Antropik’s Claude Opus 4.5 It surpasses Google’s Gemini 3 Pro in coding benchmarks and some tests, but CNBC has not independently verified these claims.
Shifting from facial recognition surveillance to artificial intelligence software platforms and most recently SenseTime integrated One of the AI assistants at OpenClaw saw its shares rise by 2.43%. Shanghai-listed cloud computing company UCloud Technology rose 13%.
“China’s rapid adoption of AI strengthens its position as one of the world’s leading AI markets,” Moody’s said in a recent note.
However, adoption remains uneven across sectors; This reflects differences in digital readiness and creates varying credit outcomes. While major technology firms are pushing the most advanced and financially meaningful AI integration, consumer and industrial companies are adopting the technology more selectively to increase efficiency.
Other tech stocks in Asia also rose after Huang said he expected purchase orders between Blackwell and Vera Rubin to reach $1 trillion by 2027. SK Hynix gained nearly 9%, while Samsung Electronics gained 7.53%.
