China Restricts Access to ChatGPT: Report. These Stocks Plunge.

Some of China’s leading tech stocks dropped on Thursday following a report that Beijing is asking companies pioneering artificial intelligence to restrict access to popular chatbot ChatGPT. 

Tencent Holding


(ticker: TCEHY) and


Alibaba


(BABA) affiliate Ant Group were both told by Chinese regulators to restrict access to ChatGPT services on their platforms, either directly or via third parties, Nikkei Asia reported, citing people with knowledge of the matter.