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Chinese stock market crash in the middle of the global AI boom AI has made money for everyone, except the Chinese stock market! While the AI ​​fever heated the stock markets of America, Taiwan and South Korea, the Chinese stock market faced a heavy fall, contrary to this global trend. The CSI 300 index, which tracks the performance of large companies in Shanghai and Shenzhen, is down about 20% from its peak in June. Concerns about the profitability of technology companies, weak domestic consumption and the protracted housing crisis have reduced the confidence of Chinese investors. Even the growth of technology exports could not save the market. On the other hand, shares of South Korean and Taiwanese technology companies benefited from the artificial intelligence boom; A gap that made China an exception to global markets.

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اقتصاد۲۴ · · Source

🇨🇳 China · שנגחאי · Map

Chinese stock market crash in the middle of the global AI boom AI has made money for everyone, except the Chinese stock market! While the AI ​​fever heated the stock markets of America, Taiwan and South Korea, the Chinese stock market faced a heavy fall, contrary to this global trend. The CSI 300 index, which tracks the performance of large companies in Shanghai and Shenzhen, is down about 20% from its peak in June. Concerns about the profitability of technology companies, weak domestic consumption and the protracted housing crisis have reduced the confidence of Chinese investors. Even the growth of technology exports could not save the market. On the other hand, shares of South Korean and Taiwanese technology companies benefited from the artificial intelligence boom; A gap that made China an exception to global markets.

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