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HKEX Market Update 2022-07-15

360MiQ 0

HSI largely fell -2.2% (-453 pts), closed at 20298 points, fell 5 days in a row, a 33-day low, fell -6.6% (-1428 pts) for the week, fell 2 weeks in a row.

Among the 150 largest-cap stocks, 15 (10%) closed higher. Only 21% of all HKEX stocks ended higher, the least for more than 2 months.

In terms of sectors, all sectors were down with losses from -1% to -3.5%. 5 sectors outperformed the market. The market was down -2.3%; Energy was down -1%, but already the best performer; Healthcare was down -3.5%, the worst performer.

● FAST RETAIL-DRS (6288) jumped 7.9% (+$3.1), closed at $42.15, the best % gain in more than 14 months, also a 70-day high, rose 6.2% (+$2.45) for the week, crossed above MA20 ($40.07). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=6288.HK

● COUNTRY GARDEN (2007) plummeted -8.6% (-$0.31), closed at $3.31, fell 5 days in a row, the worst % loss in more than 2 months, also hit a YTD low, fell -26.6% (-$1.2) for the week, fell 2 weeks in a row. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=2007.HK

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

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