Kyle Chassé 🐸(@Kylechasse):China's AI trade just erased $480 billion. But the real warning is buried in the valuations. The STAR50 crashed 40% and still trades at 100 times earnings. The Nasdaq 100? Around 30. Here's what Wall Street should worry about. AI stocks account for 42% of Chinese market value but 57% of trading activity. Speculation became dangerously concentrated, and when confidence cracked, the selling fed on itself. The technology can change the world and still destroy investor wealth. America isn't immune to that math.

Kyle Chassé 🐸

@Kylechasse

$BTC '12 Democratizing access to 99%| $TIBBIR | WLTH | Early backer in Coinbase, Ripple, Circle, Securitize, Kraken + more. Explore More 👇

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Kyle Chassé 🐸@Kylechasse

2026.10.27 14:06

China's AI trade just erased $480 billion. But the real warning is buried in the valuations. The STAR50 crashed 40% and still trades at 100 times earnings. The Nasdaq 100? Around 30. Here's what Wall Street should worry about. AI stocks account for 42% of Chinese market value but 57% of trading activity. Speculation became dangerously concentrated, and when confidence cracked, the selling fed on itself. The technology can change the world and still destroy investor wealth. America isn't immune to that math.