🚨🇨🇳BREAKING: China's stock market wiped out over ¥1.645 trillion in a single session, equivalent to roughly $226 billion, as a global AI selloff tore through Asian markets simultaneously.

The trigger was a single report suggesting SK Hynix was quietly pulling back on AI memory expansion. That one supply signal was enough to unravel the entire trade across the region. The KOSPI fell 10%, the Nikkei dropped 3.5%, and Taiwan's TWSE lost nearly 4%.
China was not even the worst hit. The selloff was simultaneous and synchronized, with every major Asian market moving in the same direction at the same time for the same reason.
The AI trade has been the single biggest driver of global market gains for two years. One unconfirmed supply rumor just erased hundreds of billions across an entire continent in a single session.
That is how crowded the trade is.