China stocks slide as AI selloff hammers chip supply chain
China's stock market declined on Monday due to a global downturn in AI-related shares, except for Hong Kong's internet platforms, which saw a boost led by Alibaba.
- Country:
- China
China stocks fell on Monday as a global rout in artificial intelligence-related shares dragged down semiconductor stocks, while Hong Kong's internet platforms bucked the trend, led by a jump in Alibaba after it released its latest AI model.
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