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The flood of cash into hyped-up industries involving the metaverse and semiconductors have led to overvaluations that might be dangerous in the long term, warns Ni Zewang, chairman of Shenzhen Capital Group, a significant government-backed enterprise capital agency in China.“We recognise [metaverse] as a future pattern and a promising expertise, however with out an precise software state of affairs, it received’t be capable of create any worth,” Ni stated throughout a bunch interview on the Past Expo in Macau on December 2.“If the…
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