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🇨🇳TWO MAJOR CHINESE HEDGE FUNDS ARE TURNING CAUTIOUS ON AI.
According to Bloomberg, Wealspring Asset says AI stocks have entered “super bubble” territory and valuations have become detached from reality.
Banxia Investment believes the trigger has already appeared, pointing to slowing growth at leading AI companies and rising competition.
The uptake is still high.
It will probably burst when earnings fail to meet expectations
The AI trade may be entering a very different phase.
Should we be worried?