HSBC: The AI boom may benefit stock investors rather than credit bond investors.

HSBC's Song Jin Lee stated in a report that the expected returns from increasing investment in the AI industry may benefit stock investors rather than credit bond investors. He said that the widespread use of AI applications may boost the stock prices of AI companies, but the impact on credit bond assets may be limited. "Creditors are more likely to be affected by the downward risks brought by the K-shaped economy, AI-related uncertainties, and emerging leverage cycles."