Chinese Fund Managers' Pursuit of AI Stocks Backfires as Tech Shares Wobble
China's most experienced fund managers who shifted to technology stocks, including chipmakers and optical transceiver manufacturers, have seen their products' net asset values decline last month. This follows their move out of long-held consumer bets in the second quarter, as mainland China-listed technology stocks experienced their biggest monthly drop.
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Source:SCMP商业 · Source Link
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