🏆 Jakob Eras@Jakob.eras

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China STAR 50 falls 40% as AI bubble bursts

Morgan Stanley is warning Chinese stocks could keep sliding before they find a bottom, and the numbers behind that call are rough. Trillions of dollars have already come out of China's equity markets in recent months. The STAR 50 tech index is down 40% since June, with the bear market still running. Reuters said a day earlier that China's AI bubble has "burst."

1h

🏆 Jakob Eras@Jakob.eras

Seguir

China STAR 50 falls 40% as AI bubble bursts

Morgan Stanley is warning Chinese stocks could keep sliding before they find a bottom, and the numbers behind that call are rough. Trillions of dollars have already come out of China's equity markets in recent months. The STAR 50 tech index is down 40% since June, with the bear market still running. Reuters said a day earlier that China's AI bubble has "burst."

1h