China’s $340B AI bubble has popped — and the charts prove it
AI summary
China's Star 50 AI stock index has fallen 42% since its June peak, with Protos arguing the data confirms a popped bubble in Chinese AI equities. The headline frames the unwind as a $340 billion loss of market value. A sharp AI equity drawdown in China matters to crypto traders because AI-linked tokens and risk appetite broadly have traded in sympathy with AI stock sentiment.
