US Tech Giants Continue Strong Performance Achieving New Highs

[For Hong Kong Investors Only] On July 5th, major US technology stocks, including Google, Apple, Microsoft, and Meta, continued their strong performance, reaching historical highs in stock prices, benefiting from the ongoing AI wave. Recently, Meta launched the Meta 3D GenAI model, and Apple also introduced its first generative AI model, Apple Intelligence, with the potential to continue empowering its product ecosystem. 

Source: Bloomberg, Company Data, as of July 5, 2024

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This material is intended for Hong Kong investors only. It is not a solicitation, offer, or recommendation to buy or sell any security or other financial instrument. Investment involves risks. Past performance information presented is not indicative of future performance. The views and information discussed or referred in this Document are as of the date of publication. Certain of the statements in this Document are our expectations and forward-looking statements. Such expectations, views and opinions may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Investing in the funds may expose to risks (if applicable) including general investment risk, equity market risk, sector/market concentration risk, active / passive investment management risk, tracking error risk, trading risk, risk in investing financial derivative instruments, securities lending risk, distributions paid out of capital or effectively out of capital risk. Investors should refer to the Fund's prospectus for details, including the risk factors.  Issuer: Mirae Asset Global Investments (Hong Kong) Limited. This material has not been reviewed by the Securities and Futures Commission. Mentioning of securities is for the purpose of industry commentary only. Author: HUANG Yimin. Author is licensed by the Securities and Futures Commission for Types 1 and 4 regulated activities under the Securities and Futures Ordinance. Author and relevant associate do not hold any interest in mentioned stock. Copyright © 2024 Mirae Asset Global Investments. All rights reserved.

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