China halts IPOs as AI stock rout erases $480 billion

Photo: Cryptopolitan
Following a sharp fall in AI and chip stocks that has wiped about $480 billion off the STAR 50 index, China has reportedly stopped approving new share listings to calm its falling stock market. Everyday investors who bought into the two-year rally are feeling the pain, and global markets are watching to see if U.S....
Source: Cryptopolitan







