investment

China’s treating AI adoption like high-speed rail: centrally coordinated, massive infrastructure investment and mandatory targets.

The analysts add that it’s unclear if the policy’s intentions are to only discourage gold investment by increasing transaction costs or to curb gold jewelry demand as well.

There’s been recent measures to stimulate demand and increase investments.

The note makes a crucial observation: “investor willingness to accept capex spending growth is dependent upon the strength of earnings growth and the perceived ability to monetize AI investments.”

He said people had "every right" to question the cost but the investment meant everyone in the community could feel "much safer".