Chinese AI correction wipes out $480 billion as STAR50 falls nearly 40% in six months

The correction in Chinese AI stocks has erased $480 billion in value, with the STAR50 index falling nearly 40% in six months. Unitree lost half its value since August, while CXMT retreated more than 25% in the past month, reviving doubts about valuations and trade restrictions.

Detected & updated continuously · Source: Nebula