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HKEX Market Update 2023-01-26

360MiQ 0

HSI largely rose 2.4% (+522 pts), closed at 22567 points, a 221-day high.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 71% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 5.5%. 3 sectors outperformed the market. The market was up 2.3%; Technology was up 5.5%, the best performer, reflecting an increasing risk appetite; Utilities was up 0.4%, but already the worst performer.

● NIO (9866) soared 12.9% (+$11) after a 5-day losing streak, closed at $96, the best % gain in more than 1 month, also a 24-day high, crossed above MA50 ($87.93). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=9866.HK

● XIAOMI (1810) spiked 12.5% (+$1.48), closed at $13.34, the best % gain in more than 1 month, also a 135-day high, crossed above MA250 ($12.04). The largest increase in volume.
360miq.com/stockinfo?code=1810.HK

● LI AUTO (2015) soared 12.2% (+$10.35), closed at $95.5, the best % gain in nearly 2 months, also a 74-day high.
360miq.com/stockinfo?code=2015.HK

● WYNN MACAU (1128) largely retreated -5.2% (-$0.51) after a 3-day winning streak, closed at $9.39, the worst % loss in 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1128.HK

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

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