Chinese Stocks Reportedly Lose Nearly ¥1.4T as Shanghai Index Hits 52-Week Low

Chinese equities reportedly lost nearly 1.4 trillion yuan in market capitalization as the Shanghai Composite declined more than 2% and reached a fresh 52-week low.
The selloff has been attributed to concerns about elevated AI-related valuations, diminishing expectations for additional Chinese economic stimulus and rising global oil prices.
Higher energy costs can pressure corporate margins and household spending, while weaker risk appetite may amplify selling across technology and cyclical sectors.
However, the reported market capitalization loss and index level require confirmation. Investors will be watching policy signals from Beijing, foreign capital flows and commodity prices for indications of whether the downturn is stabilizing.