In China, the AI bubble has already burst

In China, the AI bubble has already burst

Lofty valuations collapse under worries about AI demand and curbs on Chinese exports

Analysis: In China, the AI bubble has already burst

Chinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index of these sectors has dropped by 40% in four months, leading to substantial market losses. Investors are increasingly turning to safer assets as frustration mounts over fading government support for tech investments. Additionally, many investors are hesitant to purchase shares until valuations reach more accep…

China's AI Bubble Has Already Burst as Tech-Heavy STAR50 Index Crashes 40% and Wipes Out $480 Billion in Value

China's AI-heavy STAR50 index has fallen about 40% from its July peak, erasing roughly US$480 billion in market value and raising concerns about valuations, IPOs and broader technology stocks.