The bank behind China’s AI listings bonanza - Financial Times

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- Chinese AI listings are surging across multiple outlets, with Bloomberg's headline citing $28 trillion in capital markets being unleashed to challenge the US in AI
- The Financial Times frames the surge through a different lens — profiling a single bank as the institutional force behind the boom, an angle the broader 'capital markets vs. US' framing in rival coverage overlooks
Why it matters: Coverage converges on a genuine surge in Chinese AI IPO activity, but the FT's bank-specific framing reveals the boom may be driven by concentrated institutional gatekeepers rather than diffuse market enthusiasm — a $28 trillion story that may run through surprisingly few actors.
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