Nvidia's Huang Renxun Praises OpenClaw, Leading to a Surge in Chinese AI Stocks

LootboxPhobia · 2026-03-18T07:09:15+00:00

Chinese artificial intelligence stocks surged significantly on Wednesday, driven by Nvidia's highly positive assessment of OpenClaw technology. Startups like MiniMax and Zhipu saw their stock prices rise 16% and 10% respectively. Despite the enthusiastic market reaction, Chinese regulators have expressed concerns about the safety of OpenClaw.

LootboxPhobia

2026-03-18 07:09:15

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Investing.com - On Wednesday, Chinese AI stocks, especially those involving OpenClaw and AI agents, surged significantly, following high praise from market giant NVIDIA (NASDAQ: NVDA) for the technology.

AI startup MiniMax Group (HK: 0100) and Knowledge Atlas (traded as Knowledge Atlas, HK: 2513) rose by 16% and 10%, respectively. Both are considered leading AI developers in China and have launched similar OpenClaw-like agent products in the past two weeks.

Cloud computing and AI computing companies UCloud Tech Co., Ltd. (SS: 688158), QingCloud Tech Co., Ltd. (SS: 688316), and Hangzhou Shunwang Technology (SZ: 300113) soared by 12% to 14%.

Among major AI stocks, Baidu (HK: 9888) increased by 0.6%, Alibaba Group (HK: 9988) rose by 2.8%, while Tencent (HK: 0700) lagged behind, due to disappointing quarterly earnings reported by its subsidiary Tencent Music Entertainment Group (HK: 1698).

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Alibaba also benefited from news that the company raised AI service prices due to strong demand.

Chinese AI stocks received strong momentum from Wall Street, after NVIDIA CEO Jensen Huang praised OpenClaw and AI agents in an overnight CNBC interview.

“This is definitely the next ChatGPT,” Huang told CNBC.

NVIDIA also launched its own OpenClaw and autonomous AI agent tools this week.

Over the past month, Chinese AI giants have been heavily betting on OpenClaw and similar services, with the market increasingly believing that AI agents will become the next major growth driver in the industry.

OpenClaw is an open-source AI tool that can perform autonomous automation tasks directly on users’ personal computers. The software has quickly gained popularity for its ability to handle tasks such as organizing files, checking emails, and replying to messages.

In the past month, the software has been rapidly adopted by Chinese AI companies, with startups like Moon Shadow and MiniMax launching similar tools to capitalize on the AI agent trend.

However, Chinese regulators have taken a more cautious stance. The Ministry of Industry and Information Technology warned that some OpenClaw deployments pose significant security risks.

Beijing is also seen as banning the use of this agent on official government devices.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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