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China's AI bubble wipes out $480 billion in value

Original: The AI bubble in China has officially bursted. The burst wiped out $480 BILLION in value and has affected all of the Chi

A sharp sell-off in Chinese AI stocks has erased roughly $480 billion in market value, with losses spreading across the broader Chinese market. Commentators describe the drop as the bursting of China's AI investment bubble, and the scale of the losses is drawing wide attention among investors tracking the country's tech sector.

Why now: The reported $480 billion wipeout is a massive, sudden loss affecting the whole Chinese market, drawing intense investor and public attention.

ChinaChinese AI sectorChinese stock market

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Evidence

• The AI bubble in China has officially bursted. The burst wiped out $480 BILLION in value and has affected all of the Chinese market. · ToonHive · 95.7K

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