China Misses Out on AI Boom as Stocks Trail by Most Since…

In June 2026, the MSCI China Index faced significant declines, dropping 15% and marking the worst performance globally after Indonesia. This decline has positioned the index at its lowest level compared to MSCI's world index since the aftermath of the September 11 attacks in 2001. Major Chinese tech companies, Tencent and Alibaba, saw a combined drop of over 29%, resulting in a loss of $337 billion in market value.

Markets

FacebookXLinkedIn

EmailLink

Gift

FacebookXLinkedIn

EmailLink

GiftGift this article

Confidential tip?\ Send a tip to our reporters

Site feedback:\ Take our SurveyNew Window

FacebookXLinkedIn

EmailLink

Gift

By Bloomberg News

June 29, 2026 at 11:01 PM UTC

Updated on June 30, 2026 at 12:05 AM UTC

BookmarkSave

After a banner year for Chinese stocks on the back of AI advances, 2026 is not going well.

The MSCI China Index has tumbled 15%, the worst performance globally after Indonesia. The Chinese gauge last week traded at the lowest level relative to MSCI’s world index since the immediate aftermath of the Sept. 11, 2001 attacks, when US markets closed for four days. The two biggest weightings — tech firms Tencent and Alibaba — have plunged more than 29% to wipe out a combined $337 billion.

Read Original at Bloomberg.com →

China Misses Out on AI Boom as Stocks Trail by Most Since 2001