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HKEX Market Update 2022-08-10

360MiQ 0

HSI largely fell -2% (-392 pts), closed at 19611 points, fell 3 days in a row, a 61-day low.

Among the 150 largest-cap stocks, 12 (8%) closed higher. Only 23% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.8% to -3.5%. 6 sectors outperformed the market. The market was down -1.9%; Communication was down -0.8%, but already the best performer; Healthcare was down -3.5%, the worst performer.

● LONGFOR GROUP (0960) sank -16.4% (-$4.1), closed at $20.9, hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=0960.HK

● WUXI BIO (2269) plummeted -9.3% (-$6.9), closed at $67.6, the worst % loss in nearly 5 months, also a 36-day low, crossed below MA50 ($72.93).
360miq.com/stockinfo?code=2269.HK

● NIO (9866) sank -7.3% (-$11.5), closed at $146.5, the worst % loss in more than 1 month, also a 39-day low.
360miq.com/stockinfo?code=9866.HK

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

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