---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42373593.md"
description: "🚨 Asian markets bloodbath.Artificial intelligence and semiconductor stock sell-offs have wiped out over $730 billion from Asian stock markets today.South Korea's KOSPI index fell -7.89%, wiping out 481 trillion won ($324 billion).Japan's Nikkei index fell -2.47%, wiping out 35.3 trillion yen ($214 billion).China's Shanghai Composite Index fell -2.1%, wiping out 1.36 trillion yen ($191 billion).Two warnings issued last weekend appear to be driving the sell-off.The International Monetary Fund warned that AI market valuations have become highly speculative and disconnected from fundamentals.Meanwhile, one of China's most respected hedge funds, Wealspring Asset—whose founder accurately predicted the 2007 market peak—said that global AI stocks have formed a huge bubble, and "the crash point may not be far away."The market is now pricing in both warnings simultaneously."
datetime: "2026-07-02T08:28:02.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42373593.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42373593.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42373593.md)
author: "[辰逸](https://longbridge.com/en/profiles/16318663.md)"
---

# 🚨 Asian markets bloodbath.Artificial intelligence…


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