China Growth Capital’s Wayne Shiong: Chinese AI Companies May See Valuations Drop By As Much As 50%

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Wayne Shiong, partner at China Growth Capital

Chinese artificial intelligence companies are over-valued. As market liquidity conditions continue to tighten, these AI companies are likely to see their valuations drop by 30% to 50%, according to Wayne Shiong, a partner at Chinese venture investment firm China Growth Capital.

China Money Network

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