AI-Fueled Business Disruption Worries Dominated Sentiment In China

Li Chen
13 Feb, 2026
Hong Kong

Stocks in China traded down on Friday and extended weekly losses amid growing concerns about the AI-related business disruptions in several industries. 

The Hang Seng Index decreased 1.8%, and the mainland-focused CSI 300 Index eased 0.8% as investors debated the future earnings growth outlook. 

For the week, the Hang Seng Index decreased 1.6%, and the CSI Index declined 0.3%, reflecting growing unease about the elevated AI infrastructure spending and lagging returns.

Those worries were compounded by the business disruption concerns in the software services, healthcare administration, financial services providers, and manufacturing industry.  

Commodities markets also faced another week of elevated volatility as regulators tightened margin rules for the purchase of gold and silver and curbed excessive speculation.  

 

China Indexes and Stocks 

The Hang Seng Index decreased 1.8% to 26,547.97, and the mainland-focused CSI 300 Index declined 0.8% to 4,681.92. 

Zijin Mining Group decreased 5.2% to HK $42.68, and Zijin Gold International dropped 2.2% amid a weakness in prices for gold and silver. 

Lenovo Group rebounded 2.2% to HK $9.20 after falling as much as 7% in the previous session after the company reported a sharp decline in December quarter profit.

The PC maker reported a 21% decline in profit on record revenue of $2.22 billion, largely driven by a surge in memory prices fueled by the rapid expansion of AI data centers.

MiniMax Group soared 9.4% to HK $643.50 after the company released AI models to improve business workflow. 

MiniMax claimed that its latest AI models, which cost a fraction of similar models released by OpenAI and Anthropic, are "too cheap to meter."

AI companies have often been criticized for exaggerating claims of their models' capabilities.