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In China, the AI bubble has already burstPhoto: Economic Times Markets
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ECONOMYEconomic Times Markets ยท 1 hour agoLive

In China, the AI bubble has already burst

Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

China's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STAR50 index's sharp drop has shaken investor confidence considerably. Retail investors who initially placed faith in state-supported tech companies are now grappling with significant losses. In response to this turbulence, many are gravitating towards safer investment options, as experts caution that these selloffs may impede future fundraising for tech enterpr

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