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China's Equity Market Plunges 40% As Chipmakers Lose Half Their Value Amid Tech Selloff
Chinese artificial intelligence (AI) and technology stocks have emerged among the biggest casualties of the global AI market downturn, threatening Beijing's ambitions to strengthen its technology industry through stock market financing. The Star50 Index, dominated by domestic technology firms, has plunged nearly 40% during the current half-year period, making it the worst-performing major…
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