# DeepSeek founder's fund drops 15.7% amid AI selloff CSI 1000 Index records worst weekly decline since February 2024 quant selloff. - **Source:** [Tech in Asia](https://www.techinasia.com) - **Published:** 2026-07-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/f5f82546-991b-48ef-b141-d3ad01c6a878 ## Sharp decline in index The CSI 1000 Index lost over 12% in a week due to selling pressure in AI stocks, marking its worst decline since the quantitative selloff in February 2024. ## DeepSeek fund impacted The AI-focused fund founded by DeepSeek's creator mirrored the broader trend, with its value decreasing by 15.7%. This reflects the sector-wide pressure on technology investments. ## Sector-wide repercussions The drop in AI company stocks caused ripples across the tech sector, particularly affecting firms specializing in machine learning and large language models. ## Market analysts weigh in Experts debate whether this represents a temporary correction or the start of a longer-term trend. Some argue overvalued AI stocks needed this rebalancing. ## Investor sentiment shifts This market volatility significantly impacted risk appetite, with investors showing increased caution toward high-growth potential tech stocks. ## Future outlook Industry observers emphasize that AI fundamentals remain strong, predicting that short-term corrections won't alter the long-term growth trajectory of the sector. ## Sources covering this story - https://www.techinasia.com/news/deepseek-founders-fund-drops-157-ai-selloff — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._