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HKEX Market Update 2022-12-28

360MiQ 0

HSI largely rose 1.6% (+306 pts), closed at 19899 points.

Among the 150 largest-cap stocks, 115 (77%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.3% to 4.7%. 4 sectors outperformed the market. The market was up 1.5%; Utilities was up 4.7%, the best performer, reflecting a more risk-averse market; Real Estate was down -0.3%, but already the worst performer.

● GCL TECH (3800) largely rebounded 6% (+$0.12), closed at $2.11. The largest increase in volume.
360miq.com/stockinfo?code=3800.HK

● CHINA POWER (2380) surged 18.8% (+$0.52), closed at $3.28, rose 4 days in a row, the best % gain in 16 months, also a 61-day high, crossed above MA20 and MA50 ($2.84, $2.8). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2380.HK

● CHINA RES POWER (0836) surged 17.1% (+$2.24) after a 5-day losing streak, closed at $15.34, the best % gain in nearly 177 months, also a 71-day high, crossed above MA20 and MA50 ($13.96, $13.57).
360miq.com/stockinfo?code=0836.HK

● XINYI SOLAR (0968) largely rebounded 8.3% (+$0.68), closed at $8.85, the best % gain in nearly 16 months, crossed above MA20 and MA50 ($8.61, $8.7).
360miq.com/stockinfo?code=0968.HK

● GENSCRIPT BIO (1548) soared 7.9% (+$1.75), closed at $23.9, the best % gain in nearly 2 months.
360miq.com/stockinfo?code=1548.HK

● NIO (9866) tumbled -10.8% (-$9.55), closed at $78.85, the worst % loss in more than 1 month, also a 23-day low, crossed below MA50 ($87.34). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=9866.HK

● XPENG (9868) plummeted -9.7% (-$4.05), closed at $37.75, crossed below MA20 ($40.73).
360miq.com/stockinfo?code=9868.HK

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

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