Yi Lihua: There is currently a significant divergence in the market, but the demand for AI is genuine and the bubble is limited.

On November 2nd, Liquid Capital founder Yi Lihua stated that the market has withstood the black swan event in the short term. A Republican victory in the midterm elections would be a positive sign. He added that US Treasury yields have peaked, and the market is currently experiencing significant divergence. He believes that AI demand is real and, unlike the dot-com bubble, the short-term correction after overheating is within the normal range and has not reached the level of a major bubble.