China's AI bubble has begun to burst: STAR50 index down 40% since July
Since July 2026, the Shanghai Stock Exchange's tech index STAR50 has fallen by 40%, and the market capitalization of its constituent companies has shrunk by $480 billion. Reuters quotes a fund manager describing a speculative bubble that is bursting right now, although some analysts see the decline as a buying opportunity.
Otabek Yusupov