To shore up a faltering stock market, China’s National Team has launched a large-scale, billion-dollar intervention. The National Team, as China’s state-directed market participants are commonly known, is responding to the sharpest market decline in recent months. On Sunday evening, two state-owned investment firms announced that they had invested a com…
China National Team Spends $8B to Save AI Stock Crash
China's National Team deploys 60 billion yuan to halt a massive tech selloff triggered by Moonshot AI's new frontier model.
