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HKEX Market Update 2021-12-20

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HSI plunged -1.9% (-448 points) to close at 22,745 points, falling for two consecutive days, its lowest level this year.

Of the 150 largest-cap stocks, 22 (15%) closed higher, and 20% of Hong Kong stocks closed higher, the worst in the past three months.

All sectors fell, ranging from -1.3% of Financial stocks to -4% of Basic Materials stocks. In the heatmap, Financial doesn’t have a tad bit green but was already the best performing sector. Others were even worse.

Sunac China (1918) reportedly sold 3 projects for RMB 2.7 billion, the stock price plummeted -17.7%, hitting a 4.5-year low.
360miq.com/stockinfo?code=1918.HK

Xinyi group had a bad day, Xinyi Glass (868) fell -9.1%. Xinyi Solar (968) fell -5.4%.
360miq.com/stockinfo?code=0868.HK
360miq.com/stockinfo?code=0968.HK

GCL-Poly Energy (3800) fell -12.7%, falling sharply below the MA50.
360miq.com/stockinfo?code=3800.HK

360miq.com/market?data=HKEX#tab-3

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