China’s Energy Tech Stocks Surge on Global AI-Driven Demand
Battery makers and energy-storage suppliers are riding a global wave of AI infrastructure spending. CATL's 45% share surge and Sungrow's 130% climb highlight a sector where export margins dwarf domestic sales.
Bernstein's Brian Ho captures the zeitgeist: 'Suddenly there’s a scramble for this power equipment.' Official data confirms China dominates US battery imports despite trade barriers, with BofA's Matty Zhao noting 'China is not only powering China—it’s powering the US, Europe and the world.'
Transformer suppliers exemplify the trend, earning 10–20% margins domestically versus 40–50% abroad. The CSI New Energy Index's 38% gain underscores how Chinese firms are capitalizing on global energy infrastructure demands.