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Chinese Tech Hardware Stocks Decline Amid Valuation Concerns
Chinese tech hardware stocks face a sharp selloff as investors question high valuations and the sustainability of global AI spending.
October 9, 2026, 09:24 AM·Crypto Briefing

Chinese tech hardware stocks face a sharp selloff as investors question high valuations and the sustainability of global AI spending.

The Bank of England warns that rapid growth in AI equity valuations could trigger a significant market correction, impacting global tech stocks and government bonds.

ECB board member Fabio Panetta warned that optimistic valuations of AI companies could trigger a market correction, while prediction markets show low confidence in high valuations for Anthropic.
