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HKEX Market Update 2023-01-04

360MiQ 0

HSI spiked 3.2% (+648 pts), closed at 20793 points, rose 3 days in a row, a 110-day high, crossed above MA250 (20370 pts).

Among the 150 largest-cap stocks, 124 (83%) closed higher. 66% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to 4.3%. 4 sectors outperformed the market. The market was up 2.9%; Communication was up 4.3%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.4%, but already the worst performer.

● STANCHART (2888) rose 1.9% (+$1.1), closed at $60, rose 3 days in a row, the best % gain in 1 month, also a 143-day high. The largest increase in volume.
360miq.com/stockinfo?code=2888.HK

● LONGFOR GROUP (0960) surged 11.8% (+$2.85), closed at $27, crossed above MA20 ($25.17). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0960.HK

● CG SERVICES (6098) jumped 11.7% (+$2.27), closed at $21.65, crossed above MA20 ($20.17).
360miq.com/stockinfo?code=6098.HK

● ALI HEALTH (0241) surged 11.3% (+$0.75), closed at $7.4.
360miq.com/stockinfo?code=0241.HK

● BEKE (2423) jumped 10.6% (+$4), closed at $41.7, rose 3 days in a row, crossed above MA20 ($39.73).
360miq.com/stockinfo?code=2423.HK

● SUNNY OPTICAL (2382) largely retreated -10.1% (-$9.7), closed at $86.2, a 23-day low, crossed below MA20 and MA50 ($94.67, $88.4). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=2382.HK

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

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