Broader AI Crackdown

Authorities use the DeepSeek and Moonshot case to tighten supervision across Chinese foundation-model firms, cloud providers, and data vendors. This would create a larger sector overhang, especially for companies using foreign APIs, overseas data-labeling pipelines, or Hong Kong fundraising channels.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.