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Economy · Impact 3 Serious

Chinese tech stocks plunge as STAR 50 falls 40% since June amid AI race with US

· Shanghai, China · single source so far

Trillions of dollars have been wiped from Chinese stock markets in recent months. The STAR 50 index is down 40% since June, while other major indexes fell about 20%.

Location
Shanghai, China · China live map
Coordinates
31.23°N 121.47°E
Reported
27 Oct 2026, 04:42 UTC
Category
Economy
Impact
3 of 5 · Serious
Situation
China economy
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Chinese tech stocks slump, with the STAR 50 down 40% since June

Reports on Tuesday say trillions of dollars have been wiped from Chinese stock markets in recent months. The STAR 50 index of tech stocks is down 40% since June, while other major indexes have fallen about 20%. The reports link the slump to the AI race with the US.

  • The STAR 50 index has fallen 40% since June.
  • Other major Chinese indexes are down about 20%.
  • Trillions of dollars have been lost from Chinese equity markets in recent months.
Updated 27 Oct 2026, 05:02 UTC · Written by Claude from the reports on this page and on the map. Check the linked sources for full details.