Global investors are pulling money from Asia’s biggest AI markets at the sharpest pace in at least seven months as lofty valuations and waning risk appetite dent confidence.
Foreigners offloaded nearly $4.6 billion each of Taiwanese and Korean equities so far this month, putting them on track for the biggest monthly outflows since March and April, respectively, according to data compiled by Bloomberg. These were the most heavily sold markets in the region.