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China's Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off

Stocks on China's mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S. interest rates add pressure.

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China's Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off
Larawan: Decrypt

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Stocks on China's mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S. interest rates add pressure.

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