Hong Kong stocks fell at the start of Thursday's session as investors remained cautious amid signs of AI trade revival on Wall Street.
The Hang Seng Index shed 0.8% or about 195 points, to 24,121.40. The Hang Seng China Enterprises Index also lost 0.8%, or 66 points, to 8,105.15.
US markets ended higher on Wednesday after strong results and a profitability timeline from neocloud company CoreWeave. That, along with a rebound in Nvidia stock after it lost 10% this week, removed some overhangs for investors in the AI trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments