đš 900 billion yuan wiped off the Chinese stock market in a single day đšđł
The Shanghai Composite Index fell by more than 1.3%, with artificial intelligence (AI) stocks coming under heavy pressure.
Most concerning is that the AI ââcraze is no longer immune to sell-offs.
If this pressure spreads to global markets, investor risk appetite could shift, putting high-risk assetsâincluding cryptocurrenciesâto a new test.
The market had been chasing the AI âânarrative, but it is now serving as a reminder that even the most popular trends are not exempt from a collapse.
$SAMSUNGEM
$SKHYB
$CHNR.US
The Shanghai Composite Index fell by more than 1.3%, with artificial intelligence (AI) stocks coming under heavy pressure.
Most concerning is that the AI ââcraze is no longer immune to sell-offs.
If this pressure spreads to global markets, investor risk appetite could shift, putting high-risk assetsâincluding cryptocurrenciesâto a new test.
The market had been chasing the AI âânarrative, but it is now serving as a reminder that even the most popular trends are not exempt from a collapse.
$SAMSUNGEM
$SKHYB
$CHNR.US