Shanghai and Shenzhen exchanges are questioning companies and funds behind AI-driven stock rallies, demanding proof of meaningful AI business ties.

China's powerful State-backed investors are piling into the country's top artificial intelligence startups, turning the efforts over large language models from a venture capital…

Even with revenue growth, investors will likely demand proof of scalable deployment and cash generation.

Shanghai and Shenzhen exchanges are questioning companies and funds behind AI-driven stock rallies, demanding proof of meaningful AI business ties.