Apple (AAPL) shares dropped 1.1% in after-hours trading on Thursday, despite the technology giant reporting quarterly results.

Shares in Chinese tech firm Victory Giant Technology Huizhou, a supplier to US chip giant Nvidia, surged almost 60 percent on their Hong Kong debut on Tuesday after the company raised more than US$2 billion in the city’s largest listing so far this year.

Amazon founder Jeff Bezos announced his plan to sell another 25 million shares in the technology giant, worth nearly $5bn (£3.9bn).