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Updated · Bloomberg · Jun 30MSCI China Index Drops 15% as Tencent and Alibaba Shed $337 Billion in AI Miss
3 articles · Updated · Bloomberg · Jun 30Summary
- Chinese stocks are among 2026’s worst performers, with the MSCI China Index down 15%—second-worst globally after Indonesia.
- That slide reflects China’s failure to capture the global AI rally that had lifted its market in the previous year.
- Tencent and Alibaba, the index’s two biggest weights, have each fallen more than 29%, erasing a combined $337 billion in market value.
- The weakness pushed MSCI China last week to its lowest level versus the MSCI World Index since the immediate aftermath of the Sept. 11, 2001 attacks.
Insights
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