AIFinancial Timesabout 2 hours ago
China AI Stock Bubble Pops
4 min read
China's STAR50 AI index lost 40% from its July peak, wiping out $480 billion in market capitalization. While US AI stocks fell 6%, Chinese valuations remain high at 100 times earnings versus 30 for the Nasdaq 100. The crash halts a two-year rally and threatens Beijing's slow bull market strategy.
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