Chinese AI Stocks Lose $340 Billion From 2026 Highs
Chinese AI-related stocks have lost a combined estimated $340 billion in market value from their 2026 highs, according to data compiled from 14 companies with major mainland operations. The Star 50 AI stock index has reportedly fallen 42% since late June, while China’s technology sector is down 18%. This compares with a 1.5% decline in the Nasdaq 100 over the same period. Several firms have recorded steep declines. MiniMax was said to be trading about 87% below its 2026 high, while Unisound and other AI companies have also suffered major losses. Market observers say uncertainty remains over which Chinese AI companies can sustain their growth.
Use The App To Win ₦1m
Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.