Chinese stocks linked to OpenClaw recorded strong gains on Wednesday after positive comments from Nvidia CEO Jensen Huang boosted sentiment around artificial intelligence technologies.
OpenClaw is an open-source autonomous AI agent platform that functions as a local operating system on user devices. It is designed to perform real-world tasks by leveraging persistent memory, executing tools, and integrating deeply with local environments and messaging applications.
Shares of MiniMax Group surged nearly 20%, hitting a new record high during the session after the company recently introduced a self-evolving AI agent. Meanwhile, Knowledge Atlas Technology (Zhipu) also climbed close to 20%, while cloud computing firm UCloud Technology advanced by around 13% in Shanghai trading.
The rally followed remarks from Jensen Huang, who described OpenClaw as “the next ChatGPT,” highlighting its potential to transform how individuals interact with AI. The platform has quickly gained popularity in China, further accelerating momentum in the country’s AI sector, which has been expanding since the launch of DeepSeek over a year ago.
Analysts note that AI agents are capable of handling complex, multi-step tasks. This increases the number of tokens used per task and drives higher demand for computing power and inference capabilities.
Leading Chinese cloud providers, including Tencent, Alibaba, and Baidu, have already begun offering OpenClaw services to their clients. At the same time, large language model developers such as MiniMax and Zhipu are supplying the tokens required to power these AI agents.
