Profits at onshore-listed Chinese companies rose 25. 7% in the three months to June, the fastest in nearly five years and heavily concentrated in AI-linked firms. The CSI 300 has fallen about 9% this quarter and the tech-heavy Star 50 has dropped 29%, as investors began treating AI spending as a...
Source: [TNW](https://thenextweb.com/news/china-25-7-percent-earnings-growth-csi-300-falls-ai-capex-priced-as-cost-alibaba-tencent-europe-ai-gigafactories)