Weekly Tech Stock Recap: Meituan surges 10%, while Nvidia drops over 4%!

LB Select
2024.04.01 07:01
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Last week, Tencent rose more than 5% in the Hong Kong stock market, JD.com and Baidu rose more than 4%, while Alibaba fell more than 1%; among the seven giants in the US stock market, Tesla rose nearly 3%, Meta and NVIDIA fell more than 4%, and Microsoft fell nearly 2%

Last week, there was a stark contrast between Hong Kong and US tech stocks!

In the Hong Kong stock market, the leading tech company Meituan surged nearly 10% during the week, leading the gains. Tencent rose over 5%, JD.com and Baidu rose over 4%, Xiaomi and Kuaishou rose by less than 1%, while Alibaba fell over 1% and NetEase fell over 2%.

Among the seven tech giants in the US stock market, Tesla rose nearly 3% during the week, Google and Amazon saw slight gains, Meta and NVIDIA fell over 4%, Microsoft dropped nearly 2%, and Apple fell by 0.5%

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