China's AI-related stock leveraged trading balance drops to $390.1 billion, 13% below June high
Chinese leveraged traders continue to unwind their bets on stocks, as unease over rising global bond yields and a lingering oil shock add uncertainty to the artificial intelligence trade. The outstanding balance of stocks bought with borrowed money dropped to 2.62 trillion yuan (US$390.1 billion) on Thursday, 13 per cent below an all-time high of 3.01 trillion yuan set on June 25.
Source:SCMP商业 · Source Link
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