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Chinese fund managers’ pursuit of AI plays backfires as hot tech stocks wobble

·South China Morning Post

Chinese fund managers who invested heavily in artificial intelligence (AI) technology stocks have seen their investments decline in value. This is because the AI stocks they bet on have recently become less popular, causing their prices to drop. The result is that the funds run by these managers are now underperforming, which can be a problem for investors who put their money in these products.

Read the source report: South China Morning Post

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