Hang Seng closes 1.3% lower to 24,008 as Nvidia concerns hit Asian shares
Briefing by News4U · First published
In this evening's News4U market wrap, RTHK Finance reported that Asian shares and US futures declined on Thursday as concerns over leadership at chipmaker Nvidia weighed on artificial intelligence-related stocks. In Hong Kong, the Hang Seng Index closed down 307 points, or 1.3 percent, to 24,008, and the tech index plunged 2.4 percent to 3,931. The Shanghai Composite ended 0.67 percent lower at 3,655. In Tokyo, the Nikkei reversed early gains to close 0.7 percent lower at 60,819, and in Seoul the Kospi fell 0.61 percent to 5,342. RTHK said Nvidia's shares fell 8.6 percent in after-hours trading after reports that the board was meeting to discuss chief executive Jensen Huang and his extramarital affairs. [1]
Sources
- HK, region take toll as Nvidia fate hangs in balance - RTHK
RTHK Finance · · Excerpt