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HKEX Market Update 2022-07-22

360MiQ 0

HSI slightly rebounded 0.2% (+34.1 pts), closed at 20609 points, rose 1.5% (+311 pts) for the week after a 2-week losing streak.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 46% of all HKEX stocks ended higher.

In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -2.2% to 0.5%. 4 sectors outperformed the market. The market remained unchanged; Financial was up 0.5%, the best performer; Basic Materials was down -2.2%, the worst performer.

● INNOVENT BIO (1801) tanked -6.2% (-$2.3), closed at $34.85, fell -5.4% (-$2) for the week after a 2-week winning streak, crossed below MA20 ($36.59). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=1801.HK

● SANDS CHINA (1928) largely rebounded 3.8% (+$0.66), closed at $17.86, rose 4.6% (+$0.78) for the week after a 2-week losing streak, crossed above MA20 ($17.54). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=1928.HK

● OOIL (0316) largely rose 3.7% (+$9.4), closed at $265.8, rose 8 days in a row, a 30-day high, rose 13.6% (+$31.8) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=0316.HK

● ZHONGSHENG HLDG (0881) tumbled -5.8% (-$3), closed at $48.65, the worst % loss in more than 7 months, also a 50-day low, fell -7% (-$3.65) for the week, fell 4 weeks in a row.
360miq.com/stockinfo?code=0881.HK

● CONCH CEMENT (0914) plunged -5.3% (-$1.75), closed at $31.55, fell 4 days in a row, the worst % loss in more than 1 month, also hit a YTD low, fell -7.3% (-$2.5) for the week, fell 2 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=0914.HK

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

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