Sources: Chinese regulators have told banks to back tech companies, but lenders still prefer stable cash flows and profitability over loss-making tech startups (Bloomberg)

https://www.bloomberg.com/news/features/2026-08-09/china-bets-on-ai-stocks-as-it-races-against-us-for-chip-tech-dominance
http://www.techmeme.com/260809/p13#a260809p13