China Market Collapse: AI Boom's $2.4 Trillion Reckoning
China's AI stock rally collapsed, erasing $480 billion—but the economy still grows. Written by Glenn Junsay Pansensoy · Global Politics · 18 min read China’s Market Collapse: How the AI Boom Turned Into a $2.4 Trillion Reckoning China’s Market Collapse: How the AI Boom Turned Into a $2.4 Trillion Reckoning By Glenn — Published October 31, 2026 China’s stock market has entered one of its most damaging downturns in years , and the phrase “the Chinese market collapsed” is no longer mere social-media exaggeration. The technology-focused STAR 50 index has plunged roughly 40% from its early-July peak in less than four months, erasing about $480 billion in market value, whi...