iShares NASDAQ 100 (02834.HK) down 0.56% intraday; Alphabet -10% late

NewTimeSpace News:iShares NASDAQ 100 Index ETF (02834.HK) edging down, As of 13:12 HKT on October 29, 2026, the ETF was quoted at HK$568.600, down HK$3.200 or 0.56% from the previous close, with turnover of HK$8.753 million on 15,500 shares, a turnover rate of 0.44%.

The ETF is managed by BlackRock Asset Management North Asia Limited and tracks the NASDAQ 100 Index, which covers 100 large non-financial companies listed on Nasdaq. As of the same time, it had assets of HK$2.092 billion, a net asset value per unit of HK$571.520 and a board lot of 10 shares; its 52-week price range was HK$440.200 to HK$640.800.

Cailian Press reported that Alphabet, Google's parent, posted third-quarter results below market expectations, with free cash flow falling to a negative US$9.07 billion, and its shares slumped nearly 10% in after-hours trading; the same report said Oracle expects free cash flow to turn positive in the second half of fiscal 2028, and its shares rose more than 10% in Wednesday's regular session.

Shenwan Hongyuan said the AI industry chain has grown into a multi-tiered, interdependent ecosystem. By his estimate, US AI investment growth may peak around the fourth quarter of 2026 and enter a decline phase in 2027; because data centre investment within any one-year window is determined by projects already under way, and the current pipeline is still expanding, capex over the next year may be underpinned.