{"id":29164,"date":"2021-12-09T03:00:22","date_gmt":"2021-12-09T03:00:22","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=29164"},"modified":"2021-12-09T03:00:22","modified_gmt":"2021-12-09T03:00:22","slug":"state-backed-shenzhen-capital-warns-of-metaverse-semiconductor-overvaluations-amid-hype-in-china","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=29164","title":{"rendered":"State-backed Shenzhen Capital warns of metaverse, semiconductor overvaluations amid hype in China"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThe flood of money into hyped-up industries involving the metaverse and semiconductors have led to overvaluations that could be harmful in the long run, warns Ni Zewang, chairman of Shenzhen Capital Group, a major government-backed venture capital firm in China.\u201cWe recognise [metaverse] as a future trend and a promising technology, but without an actual application scenario, it won\u2019t be able to create any value,\u201d Ni said during a group interview at the Beyond Expo in Macau on December 2.\u201cIf the\u2026<a href=\"https:\/\/www.scmp.com\/tech\/policy\/article\/3158907\/state-backed-shenzhen-capital-warns-metaverse-semiconductor?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThe flood of money into hyped-up industries involving the metaverse and semiconductors have led to overvaluations that could be harmful in the long run,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":29165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29164"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29164"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/29165"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29164"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}