Hedge fund managers and brokers across Asia fielded panicked client calls on Friday after a sharp overnight selloff in US equities revived concern that the unwind of AI bets has further to run, Bloomberg reported. Wealthy clients from Taiwan to Hong Kong faced margin calls on leveraged bets, and some in Hong Kong braced for steep losses on structured notes after being forced to take delivery of shares at a loss. The MSCI Asia Pacific Index fell as much as 5.3%, after a Nasdaq 100 rout on Thursday erased a record $2.3 trillion in market value. South Korea's Kospi plunged as much as 8.8%, triggering a circuit breaker. The selling is driven by expectations that Democrats, now holding both chambers of Congress, will push for tougher AI regulation and slow data center construction. Losses spread across the industry. Hong Kong's Aspex fell 16% in last month's technology rout, Valliance Asset Management's Long-Short Master Fund lost 6.7% in October, and China-focused long-only quant strategies dropped more than 10%, erasing their gains for the year, according to China Merchants Futures. Goldman Sachs prime brokers estimated Asia stock pickers lost 9.4% last month, trimming the year's gain to 14%, while China-focused funds fell 11% in October, leaving 16% for the year. ExodusPoint Capital Management and Millennium Management also suffered losses, AI-focused Value Aligned Research Advisors plunged 33% last month, and Rob Pohly's Samlyn Capital is dismissing senior analysts after cutting exposure to nearly every sector except global financials. Chris McGuire of Eagle's View Capital Management said the moves were as extreme as almost anything he had seen since the dot-com bubble, and that holders concentrated in the same stocks or sectors had created more one-way momentum than in a long time. He said his fund gained an estimated 2.5% or more this month. Hiroyuki Ueno of Sumitomo Mitsui Trust Asset Management said his firm was fielding questions about the selloff from all sides, and that sell-side clients were struggling to explain developments to their customers. Hiroshi Namioka of T&D Asset Management said the market was behaving irrationally, stopping short of calling it outright panic but saying investors found it difficult to see upside. Travis Lundy, a Hong Kong-based independent analyst, said the drop looked more like a position blowout than a fundamental rethinking of the future, with a bad October triggering early-November unwinds that cascaded. A Hong Kong broker said staff worked overtime and the only advice was to exit quickly, though forced-liquidation risk was somewhat reduced after clients were urged weeks earlier to add collateral.

According to Jin10, Saxo Chief Investment Strategist Charu Chanana said in a commentary that it is still too early to declare that the market has entered a bear market after Wall Street fell sharply overnight. She said such declines often reflect investor panic, forced position liquidations and deteriorating market sentiment. Although the selloff has spread across broader markets, the impact is currently concentrated in the artificial intelligence investment cycle, regulatory uncertainty and overly concentrated positions. Chanana said it is more important to watch whether market weakness spreads to corporate earnings, credit conditions, employment and economic growth. She added that an extreme selloff could also create conditions for a market rebound: “Once selling pressure eases, markets may rebound quickly, sometimes even before economic data show a clear improvement.”

According to ChainCatcher, Alpine Linux warned that attackers could bypass SSH password authentication under specific configurations. The project recommends updating OpenSSH and restarting the service.

According to CNBC, Equinix says its smaller data centers may be less exposed as U.S. regulators scrutinize construction tied to the artificial intelligence buildout. Its facilities typically range from 30 to 60 megawatts, while U.S. proposals generally target projects around 100 megawatts, Equinix Asia-Pacific President Cyrus Adaggra said. The company increased capital spending from about $2 billion a few years ago to $7 billion, driven by customer demand, he said. Annualized gross bookings topped $500 million for the first time in the third quarter, up 35% from a year earlier.

前OpenAI研究员、匿名半导体研究员、美国总统、字节跳动前员工，不论身份地位，通通因美股投资被冠以“股神”称号。但“股神”称号，是真正的投资实力，还是仅仅运气使然？

According to Jin10, bets on weak employment strengthened ahead of the nonfarm payrolls report, while a 25-basis-point rate hike in December remained the leading outcome at 65.5%; downside risks for gold and silver increased, and the odds of WTI crude returning to $100 rose.

According to Jin10, Citi maintained its previous view that the Bank of Korea is likely to raise rates by 25 basis points in November 2026 and February 2027, despite the decline in South Korea’s KOSPI index.

According to Jin10, Bank of England Governor Bailey said interest rates may be raised again if energy prices remain high.

According to Jin10, Bank of England Governor Andrew Bailey said he disagreed with the claim that endogenous inflation had already emerged.

人工智能,投资,美股,Elon Musk,伯克希尔哈撒韦,美股崩盘启示录：马斯克流血、巴菲特封神与K型分化 金色财经,美股暴跌，AI叙事失速，K型分化下的两种命运。

Anthropic 在美国面向 Claude 的 Pro、Max 和 Ultra 订阅用户推出了个人理财测试版，允许他们通过 Plaid 连接银行和信用卡账户，并询问有关其支出的问题，但只有只读权限，因此 Claude 无法转移任何资金。

法国加强加密货币税收和报告规则的努力遭遇重大挫折，国民议会否决了该国 2027 年国家预算提案中的收入部分，从提交参议院的法案版本中删除了此前已获批准的三项与加密货币相关的修正案。

经历这轮调整后，市场或许需要重新寻找方向，但总会有转折点发生，现在需要多点耐心。

人工智能,投资,美股,Cathie Wood,美股一夜蒸发万亿美元 AI泡沫破了？ 金色财经,美股AI经历魔幻一夜。

标普500收盘跌4.4%，是去年4月特朗普宣布“解放日”关税以来最差的一天。纳斯达克更惨，跌了5.5%，一天蒸发了2.5万亿美元市值。市场担心民主党在上台后推出对AI的禁令。

让代币化存款实现跨银行流转，价值究竟会沉淀在何处？

币安创始人赵长鹏（CZ）回顾了事件发生后的应对、用户资金与提现情况，以及 Tether、Circle、执法机构和其他行业参与者协助冻结和追踪被盗资金的情况。

华尔街知名的研究机构Citrini再度发声，宣布 AI 基础设施交易“最乐观的预期已经过去”。