According to CoinMeta, since July, the Chinese government has been purchasing approximately $2.5 billion worth of stocks daily in an attempt to support the market, especially after a decline in the artificial intelligence sector. It is noteworthy that China's usual daily inflow of capital is only about $218 million, which means that the government's purchasing volume is ten times the average level. This situation is similar to if the U.S. Treasury Department were to purchase $100 billion worth of stocks daily.