Authorities are preparing for the worst: the new stock market frenzy could lead to a major collapse.
The Bank of England has launched an investigation into the rapid growth of Asian stock holdings among London-based investment banks. The aim is to prevent the formation of overly concentrated positions among companies related to artificial intelligence. The SK Hynix example illustrates the volatility of portfolios, with the company losing over 100 billion dollars in market value in a single day.
The Bank of England has launched an investigation into the rapid increase in the exposure of London-based investment banks to Asian stocks. The British central bank wants to prevent the emergence of a concentrated position on a few companies, some of which are related to artificial intelligence, on the market. The shares of leading chip manufacturers are extremely volatile, and SK Hynix lost more than 100 billion dollars in market value in a single day.
