China's tech investment rebounds as AI and embodied AI draw capital, IPOs reopen

China's venture market rebounded in Q1 2026, with financings up 52% year on year to 2,865 deals and disclosed totals of 256 billion yuan, according to IT桔子 data. AI funding exceeded 110 billion yuan, up 185.4%, and Hong Kong IPOs raised HK$109.9 billion, up 488.81%, with information technology accounting for 22 listings.