BusinessPhoto: NDTVChina's AI Stock Bubble Bursts, STAR50 Index Drops 40%
China's AI and semiconductor stocks have crashed, with the STAR50 index falling 40% in under four months, wiping out about $480 billion in market value. This collapse follows concerns over AI demand and export restrictions, ending a two-year rally fueled by economic stimulus. The broad blue-chip index also dropped 20% since June, signaling a burst bubble and slowing Beijing's efforts to create a stable 'slow bull' market.
NDTV·


