Chinese stock traders unwound leveraged positions at the fastest pace since the 2015–2016 market crash on Friday, as fears that the AI-driven rally had become overstretched triggered a global equities rout.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-20/chinese-traders-unwind-leveraged-bets-at-fastest-pace-since-2016)

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