JD Loses 3%;BABA slid 0.9%
After $Dada Nexus(DADA.US$ identified suspicious advertising revenue data, its parent company $JD-SW(09618.HK$ lost 3% to $98.2 at midday. Individual stocks were benefited from AI hype. $BIDU-SW(09888.HK$ picked up 1%, while $LENOVO GROUP(00992.HK$ , which will launch 10 AI computers, advanced 5.3%.
For other techs, $BABA-SW(09988.HK$ slid 0.9% to $69.7, while $MEITUAN-W(03690.HK$ sagged 3.2% to $71.55. $TENCENT(00700.HK$ , $XIAOMI-W(01810.HK$ and $BILIBILI-W(09626.HK$ slipped 0.4%, while $KUAISHOU-W(01024.HK$ faded 1.2%. $MEITU(01357.HK$ gained 5%.
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MonkeyGee : is JD a buy?