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HKEX Market Update 2022-06-02

360MiQ 0

HSI fell -1% (-213 pts), closed at 21082 points.

Among the 150 largest-cap stocks, 42 (28%) closed higher, 35 of them rose with a lower volume. 44% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2.2% to 0.2%. 6 sectors outperformed the market. The market was down -0.8%; Utilities was up 0.2%, but already the best performer; Basic Materials was down -2.2%, the worst performer.

● GREATWALL MOTOR (2333) surged 6.5% (+$0.92), closed at $15.08, rose 4 days in a row, a 60-day high. The best performer but with average volume.
360miq.com/stockinfo?code=2333.HK

● NEW WORLD DEV (0017) largely retreated -4% (-$1.2), closed at $29.1, the worst % loss in more than 8 months, crossed below MA20 ($29.25). The largest increase in volume.
360miq.com/stockinfo?code=0017.HK

● CONCH CEMENT (0914) largely retreated -14.9% (-$6.05), closed at $34.45, the worst % loss in nearly 163 months, also hit a YTD low, crossed below MA20 ($40.08). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0914.HK

● CNBM (3323) largely retreated -10% (-$0.92), closed at $8.32, the worst % loss in more than 2 months, also a 51-day low.
360miq.com/stockinfo?code=3323.HK

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

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