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HKEX Market Update 2022-05-06

360MiQ 0

HSI plunged -3.8% (-791 pts), closed at 20002 points, fell 3 days in a row, the worst % loss in more than 1 month, fell -5.2% (-1087 pts) for the week.

Among the 150 largest-cap stocks, 4 (3%) closed higher. Only 18% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -2.1% to -5.7%. 8 sectors outperformed the market. The market was down -3.9%; Energy was down -2.1%, but already the best performer; Consumer Cyclical was down -5.7%, the worst performer.

● GENSCRIPT BIO (1548) tumbled -6.3% (-$1.26), closed at $18.66, fell 4 days in a row, hit a YTD low, fell -18% (-$4.09) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=1548.HK

● LENOVO GROUP (0992) rose 2.1% (+$0.16), closed at $7.84, rose 3 days in a row, rose 2.1% (+$0.16) for the week, crossed above MA20 ($7.76). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=0992.HK

● NIO (9866) plunged -11.5% (-$15.8), closed at $122, the worst % loss in more than 1 month, also a 33-day low, fell -15.3% (-$22) for the week. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=9866.HK

● CHINA RES BEER (0291) sank -10.3% (-$4.7), closed at $40.9, the worst % loss in more than 1 month, also hit a YTD low, fell -12% (-$5.6) for the week, crossed below MA20 ($44.65).
360miq.com/stockinfo?code=0291.HK

● CG SERVICES (6098) tumbled -9.9% (-$3.15), closed at $28.55, fell 3 days in a row, a 33-day low, fell -15.7% (-$5.3) for the week.
360miq.com/stockinfo?code=6098.HK

● XPENG (9868) largely retreated -9.8% (-$9.95), closed at $91.15, fell -11.5% (-$11.85) for the week.
360miq.com/stockinfo?code=9868.HK

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

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