Cornerstone Capital's Zhang Wei: Distinguish between industrial bubbles and financial bubbles when it comes to the "AI bubble."

Golden Finance reports that on April 22, Zhang Wei, Chairman of Cornerstone Capital, stated at the 2026 China Shenzhen Entrepreneurs Summit that the ongoing debate about whether there is a bubble in AI markets has been intensifying. There are optimistic views on the long-term prospects of the industry, as well as concerns about high valuations and cyclical investment phenomena. It is necessary to distinguish between industry bubbles and financial bubbles. Comparing the capital expenditures in the AI sector between China and the United States, the AI industry itself does not have a bubble; the bubble is concentrated in the capital markets, and such market bubbles are inevitable and will eventually burst. The way to counteract the bubble is to invest in great technology companies. (Dongxin News Agency)