DevelopingBusiness
China's Star 50 AI and chip index is down 40% in under four months
Seoul Economic Daily reports the Shanghai Star 50 index fell 40% in under four months, erasing about $480B, closing at 1,315.50 on Oct. 26 per Reuters. It says CXMT is down over 25% in a month and Unitree has halved since its August debut. Goldman Sachs puts AI stocks at 42% of China's market cap.
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Primary source
Seoul Economic Dailyen.sedaily.com/international/2026/10/27/chinas-ai-rally-unravels-as-unitree-halves-cxmt-slides-25Coverage · 4 articles, oldest first
Monday, October 26, 2026
Tuesday, October 27, 2026