Chinese stocks turn biggest losers as global AI trade stumbles

The Nasdaq-style Star50 Index has tumbled nearly 40% in the current half year, becoming the world’s worst-performing major tech gauge. Major chipmakers MetaX Integrated Circuits Shanghai Co. and Moore Threads Technology Co. have both shed around half of their value during this period.

Oct 17, 2026 - 06:00
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Chinese stocks turn biggest losers as global AI trade stumbles
The Nasdaq-style Star50 Index has tumbled nearly 40% in the current half year, becoming the world’s worst-performing major tech gauge. Major chipmakers MetaX Integrated Circuits Shanghai Co. and Moore Threads Technology Co. have both shed around half of their value during this period.

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