Asian Equities & AI: Where is It Heading Towards?

The artificial intelligence boom has fuelled a rally in Asian stock markets to record highs as investors rushed to join the AI bandwagon. But the recent market sell-offs have raised concerns that the massive AI infrastructure investments may not result in the short-term profits to justify the lofty valuations of these stocks. Is this latest pullback simply a temporary bout of profit-taking, or does it signal the start of a more prolonged downturn? We speak to Herald van der Linde, Head of Equity Strategy of the Asia Pacific at HSBC.

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