Important
China's 'national team' battles AI stock rollercoaster
The "national team" of Chinese state-backed funds came into public view on July 19, about a week before memory chip maker CXMT’s initial public offering. (Nikkei montage/Source photos by Getty Images and Reuters) Tech ETFs draw record inflows as Beijing pledges stability SHANGHAI — Concerns over AI valuations have rocked China's stock market in recent weeks, posing […]
By deepak · August 9, 2026 · 1 min read
The "national team" of Chinese state-backed funds came into public view on July 19, about a week before memory chip maker CXMT’s initial public offering. (Nikkei montage/Source photos by Getty Images and Reuters)
Tech ETFs draw record inflows as Beijing pledges stability
SHANGHAI — Concerns over AI valuations have rocked China's stock market in recent weeks, posing a major test for Beijing's efforts to engineer a steady upward trend, known as a "long bull."
Source: Read the original article on asia.nikkei.com
