China Reportedly Halts IPOs and Share Sales: Is the AI Trade Cracking?
AI summary
China has reportedly instructed banks to pause IPOs and share sales following the CSI 300's worst month in a decade. The move signals deepening stress in Chinese equity markets and raises questions about whether the AI-driven trade that has supported risk assets globally is starting to crack. A broad risk-off shift in Chinese equities would weigh on crypto sentiment, since digital assets have traded in sympathy with global risk appetite.
