Chinese Hedge Fund Managers Warn Global AI Stocks Form Super Bubble on June 23

According to BlockBeats, Chinese hedge fund managers warned on June 23 that global AI stocks have formed a "super bubble." Ningquan Asset founder Yang Dong stated in his mid-year investment report that the collapse point may be approaching, cautioning that many popular stocks could decline by 80 to 90 percent or more. Shanghai Banxia Investment founder Li Bei also indicated in her June 21 monthly letter that "triggering conditions for an AI bubble burst have already emerged," pointing to slowing revenue growth at downstream model companies like Anthropic.
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