Shanghai Composite Steadies Near 11-Month Low as Chinese Chip and AI Stocks Try to Find Their Footing

Ibtimes.com.au·July 20, 2026

AI Summary

Shanghai's stock market stabilized near an 11-month low as Chinese chip and AI stocks attempted to recover from recent sharp selloffs driven by global AI valuation concerns. Investor caution persists due to geopolitical tensions, market volatility, and the impact of major upcoming IPOs on market sentiment.

From the source

Shanghai's stock market stabilised after a sharp selloff in tech shares, driven by global AI valuation concerns and upcoming major IPOs. Investors remain cautious amid geopolitical tensions and market volatility.

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View original at Ibtimes.com.au

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