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Chinese stocks lost ¥1.1 trillion in a single day as the AI bubble burst

11,848 posts · 7,430 accounts · +14% vs the day before

  • A massive sell‑off erased ¥1.1 trillion from Chinese equities, with total market losses reaching nearly ¥21 trillion over four months, according to @backpack and @cryptorover[74][77]
  • Bloomberg reported that Indonesia’s stock market plunged 3.2% after MSCI signaled a possible downgrade of the country’s inclusion, highlighting regional risk concerns[67]
  • @icefrog_sol confirmed that tokenized stocks will be available on Hyperliquid’s first L2 via $HYPE for gas fees, marking a new integration for on‑chain securities[42]
  • @jimcramer noted a large fund shift moving billions from tech into consumer, health‑care and banking stocks, suggesting a possible reallocation trend amid market turmoil[41]

Posts cited

  1. [41] Jim Cramer · @jimcramer ·

    Scanning the sheets, today there was a vast program where there were billions taken out of tech and put into consumer product stocks, health care and banks. Very strange, and maybe not finished

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  2. [42] icefrog.◎ · @icefrog_sol ·

    i was going through the Elysium stack before its Nov 9 mainnet and @xStocksFi is already confirmed. tokenized stocks on Hyperliquid's first L2, with $HYPE used for gas, is one integration i'll actually be testing #RWA

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  3. [67] Investing.com · @investingcom ·

    ⚠️BREAKING: *INDONESIA STOCKS PLUNGE 3.2% AS MSCI CONSIDERS DOWNGRADING THE COUNTRY 🇮🇩 🇮🇩

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  4. [74] The Macro Paper · @macropaperr ·

    🚨 CHINA'S STOCK MARKET CRASH LOOKS UNSTOPPABLE. Another CN¥1.1 TRILLION ($210 BILLION) has been wiped out from Chinese stocks today. In total, nearly CN¥21 TRILLION ($3 TRILLION) has been wiped out from China's stock market in just four months.

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  5. [77] Crypto Rover · @cryptorover ·

    🚨 ABSOLUTE BLOODBATH IN CHINA'S STOCK MARKET. ¥1.1 TRILLION has been wiped out from Chinese stocks today as China's AI bubble bursts.

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Written by an AI model from public posts; it can be wrong. Check the sources.

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