The Bank of England investigates investment banks' exposure to Asian stocks to avoid concentrated bets on AI

According to Jinshi, the Bank of England is investigating the rapid growth of investment banks operating in London with exposure to Asian stocks, as officials hope to avoid highly concentrated bets on a few companies related to artificial intelligence.

Hedge funds and other institutional investors are rushing to invest in companies providing key infrastructure for the artificial intelligence semiconductor industry in Asia, such as SK Hynix and TSMC. The Bank of England is concerned that these stocks are gradually becoming an increasingly important part of the positions held by major brokers, with holdings highly concentrated in a few companies.