警惕泡沫！德银考虑做空AI股票进行风险对冲

Group 1 - Deutsche Bank is exploring ways to hedge its multi-billion dollar risk exposure in the data center industry, considering options such as shorting a basket of AI-related stocks and using synthetic risk transfer (SRT) through derivatives [2][3] - The bank has made significant bets on data center financing, providing loans to companies serving major tech giants like Alphabet, Microsoft, and Amazon, with estimates of total loans reaching several billion dollars [5] - Concerns about an AI bubble are rising, with regulatory bodies like the Monetary Authority of Singapore warning about "relatively tight valuations" in the tech and AI sectors, indicating potential for a sharp market correction [7] Group 2 - Notable investors, including Michael Burry, have taken a bearish stance, with Burry's fund reportedly shorting major AI companies like Nvidia and Palantir, with a nominal value exceeding $1 billion [9] - Hedging against AI risks is challenging; shorting AI stocks can be costly in a booming market, and SRT transactions require a sufficiently diversified loan pool to achieve ratings [9][10] - There are conflicting views within Deutsche Bank regarding AI risks, with some analysts previously stating that concerns about an AI bubble are exaggerated, highlighting the complex situation faced by large financial institutions [11][12]