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China AI Bubble Bursts, $480B Wiped

A post says China's AI bubble has officially burst, wiping out $480 billion in value and affecting the entire Chinese market.

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Key points

  • @PolymarketMoney reported that China's AI stock bubble burst, wiping out $480 billion in market value as the tech-heavy STAR50 index plunged 40% in under 4 months.
  • @ToonHive said the burst wiped out $480 billion in value and affected all of the Chinese market.

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Original post

ToonHive @ToonHive 214.1K followers

The AI bubble in China has officially bursted. The burst wiped out $480 BILLION in value and has affected all of the Chinese market. https://t.co/LV1lKcnRGD
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47.2Klikes 4,729reposts 271replies 1Mviews

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  1. Polymarket Money says China's AI stock bubble burst, STAR50 plunging 40% in under 4 months, wiping out $480 billion.

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Top replies on X

Reaction on X: Most replies joked about the crash, with several users saying they would book flights to Shenzhen to buy cheap GPUs from liquidations. Others hoped it would mean cheaper RAM or benefit the West; no one disputed the figures.

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From @foombler, @DraidK, @Ocean_ddz and others. Spam removed, with English and Chinese translations.

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