Sou Hu Cai Jing·2025-11-05 01:36Core Viewpoint - Major Wall Street banks, including Goldman Sachs and Morgan Stanley, have warned of a potential market correction, exacerbated by growing concerns over an AI investment bubble [1][2] Market Performance - The Asia-Pacific stock markets collectively declined following a drop in the previous night, with the South Korean Composite Index falling over 5%, triggering a trading halt for the KOSPI index [1] - The Nikkei 225 index dropped more than 3%, while the Taiwan Weighted Index fell over 2% [1] - The Hang Seng Index opened nearly 1% lower, with a decline of 1.75% noted [1] Specific Index Movements - KOSPI200: Latest price at 549.15, down 32.79, a decrease of 5.63% [2] - KOSPI: Latest price at 3901.30, down 220.44, a decrease of 5.35% [2] - Nikkei 225: Latest price at 49639.60, down 1857.60, a decrease of 3.61% [2] - Taiwan Weighted Index: Latest price at 27492.83, down 623.73, a decrease of 2.22% [2] - Hang Seng Index: Latest price at 25701.63, down 250.77, a decrease of 0.97% [2] Analyst Insights - Morgan Stanley's CEO indicated that global stock markets may face a correction, preparing for a potential 10% to 15% decline not triggered by macroeconomic cliff effects [2] - Notably, Michael Burry, known for predicting the subprime mortgage crisis, disclosed a 3rd quarter position with 80% of his holdings in put options on Palantir and Nvidia, raising concerns about the sustainability of valuations in the AI sector [2]