---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40254383.md"
description: "Chinese concept AI software stocks were under pressure today: Paradigm Intelligence fell 2.6%, Baidu fell 0.5%, Deep Tech fell 7.1%, Extreme Vision fell 5.2%, and SenseTime fell 3.5%.The reasons for the decline of these five stocks are different: Deep Tech and Extreme Vision are small-cap Hong Kong stocks with poor liquidity, where even a small amount of selling can amplify the drop; Baidu and SenseTime have actual AI businesses, but with no specific catalysts today, they followed the broader market sentiment; Paradigm Intelligence is in its early stages, making it a purely sentiment-driven play.The core issue with the Chinese concept AI software sector now is that while the AI narrative in US tech stocks is still being priced in, the discount for Chinese concept stocks in Hong Kong has not been fully digested. Geopolitical and regulatory premiums are layered on top, resulting in completely different valuation systems for what is ostensibly the same AI software.Only when the uncertainty at the US-China tech level is substantially alleviated can this thematic play potentially catch up with the pricing rhythm of the US stock market side."
datetime: "2026-04-28T09:58:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40254383.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40254383.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40254383.md)
author: "[极限趋近于你](https://longbridge.com/en/profiles/27390664.md)"
---

# Chinese concept AI software stocks were under pres…


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