Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

A well-known Chinese hedge fund manager warns that global AI stocks have become a "super bubble."

MarsBitNews
robot
Abstract generation in progress
Mars Finance News, two well-known Chinese hedge fund managers have warned that global AI stocks have become a "super bubble" and are on the verge of bursting. Yang Dong, founder of Ningquan Asset, explicitly warned in his "2026 Semi-Annual Investment Report" released on June 23: Global AI stocks have formed a "super bubble," and the collapse point may not be far off. The letter bluntly states, "A large number of popular stocks in the A-share market are very likely to drop by 80% or even 90% in the future," and adds, "We lack the ability to snatch profits from the fire and come out unscathed. Taking such a risk is irresponsible to our holders." Yang Dong accurately predicted the top of the bull market in 2007. Li Bei, founder of Shanghai Banxia Investment, also pointed out in her "Letter to Investors of Banxia" released on June 21 that "the triggering conditions for the AI bubble to burst have already appeared." Using Anthropic's ARR (annualized revenue run rate) as an example, she believes that the revenue growth of the most downstream model companies has significantly slowed down, and is likely to fall well below market expectations by the end of the year. Consequently, a downward adjustment in future capital expenditure expectations is highly probable.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap