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HKEX Market Update 2022-12-09

360MiQ 0

HSI largely rose 2.3% (+451 pts), closed at 19901 points, a 69-day high, rose 6.6% (+1226 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 124 (83%) closed higher. 69% of all HKEX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 5.8%. 5 sectors outperformed the market. The market was up 2.2%; Real Estate was up 5.8%, the best performer; Healthcare was down -0.1%, but already the worst performer.

● RUSAL (0486) largely retreated -5.5% (-$0.23) after a 4-day winning streak, closed at $3.95, rose 3.9% (+$0.15) for the week, rose 2 weeks in a row. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=0486.HK

● LONGFOR GROUP (0960) jumped 18.5% (+$4.6), closed at $29.5, a 104-day high, rose 32.9% (+$7.3) for the week, rose 5 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=0960.HK

● CHINA GAS HOLD (0384) surged 13.9% (+$1.38), closed at $11.32, the best % gain in more than 131 months, also a 56-day high, rose 17.1% (+$1.65) for the week, rose 2 weeks in a row, crossed above MA250 ($10.96). The largest increase in volume today.
360miq.com/stockinfo?code=0384.HK

● CHINA OVERSEAS (0688) jumped 11.3% (+$2.23), closed at $21.95, a 56-day high, rose 8.4% (+$1.7) for the week, crossed above MA20 and MA250 ($20.12, $21.2).
360miq.com/stockinfo?code=0688.HK

● JD HEALTH (6618) largely retreated -5.2% (-$4.65), closed at $84.65, the worst % loss in more than 1 month, rose 18.4% (+$13.15) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=6618.HK

● YADEA (1585) tumbled -5% (-$0.72), closed at $13.76, rose 0.4% (+$0.06) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=1585.HK

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

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