EconomyAI bubble bursts, fifth plenum resolution and Singles’ Day

China’s stocks gave back weekly gains after the global AI stock bubble burst following the US Democrats’ midterm-election landslide. AI-related shares dragged the CSI 300 down 1.4%, while Hong Kong’s Hang Seng Index fell 1.3%. Safe-haven demand pushed China’s 10-year government bond yield to an intraday record low of 1.58%.

China stocksartificial intelligencebond yields

SSouth China Morning Post★★★☆☆2026-11-06 09:05Original