Chinese Tech Firms Credit Ratings May Be Upgraded, Muzinich Says
A display for Baidu Inc.'s Xiaodu AI chatbot during the Baidu Create AI Developer Conference in Wuhan, China, on April 25.
Photographer: Qilai Shen/BloombergSome Asian technology companies with credit ratings on the lower end of investment grade may be upgraded within the next two years as they seize on artificial intelligence growth, a portfolio manager at Muzinich & Co. said.
The comments by Mel Siew, who manages a $90 million Asia credit fund at the US investment firm’s Singapore office, stand somewhat in contrast to muddied sentiment in the region triggered by President Donald Trump’s chaotic tariff rollout. But they also underscore investors’ steadfast confidence in the sector, bolstered by Chinese startup DeepSeek’s breakthrough AI technology and Beijing’s supportive stance for private companies.