HSI largely retreated -2.4% (-404 pts) after a 3-day winning streak, closed at 16511 points.
Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 31% of all HKEX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.8% to 0.2%. 6 sectors outperformed the market. The market was down -2.2%; Utilities was up 0.2%, but already the best performer, reflecting a decreasing risk appetite; Consumer Cyclical was down -3.8%, the worst performer.
● KOOLEARN (1797) jumped 8.2% (+$2.6), closed at $34.5. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1797.HK
● XPENG (9868) largely retreated -9.5% (-$3.35), closed at $31.85, hit a record low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=9868.HK
● NEW WORLD DEV (0017) tumbled -7.7% (-$1.58), closed at $18.82, the worst % loss in nearly 13 months, also hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=0017.HK
360miq.com/market?data=HKEX#tab-3
