Media365
OpenClaw has sparked euphoria on mainland China’s stock markets, defying the broader gloom stemming from Middle East hostilities, as investors chase companies compatible with the open-source artificial intelligence tool.
OpenClaw’s meteoric rise has lifted stocks of compatible companies, with Hangzhou Shunwang Technology, a provider of online entertainment networking platforms, soaring 22 per cent in Shenzhen over the past week. Talkweb Information System, a telecoms software developer also listed in Shenzhen, has jumped 12 per cent in the same period. Meanwhile, the benchmark CSI 300 Index has risen 0.2 per cent.
The disconnect between these stocks and the broader market underscored the popularity of OpenClaw, dubbed “lobster” by Chinese investors because of its mascot. Unlike AI chatbots, OpenClaw can carry out tasks on users’ computers and mobile phones, sort documents, install software and even undertake online shopping. Its roll-out is expected to speed up AI adoption in daily life.
To leverage the OpenClaw trade, investors should focus more on large-language model developers capable of integrating the AI tool, according to BOC International.
“While it’s in the early stages, [OpenClaw] remains the key to connecting large-language models to the end-user scenarios,” said Wang Jun, an analyst at BOC International in Shanghai. “It’s expected to make the breakthrough from ‘answer question’ to ‘perform tasks’.”
