HSI tanked -3% (-606 pts), closed at 19320 points, fell 4 days in a row, the worst % loss in 3 months, also hit a YTD low, fell -6.1% (-1248 pts) for the week, crossed below MA250 (19884 pts).
Among the 150 largest-cap stocks, 9 (6%) closed higher. Only 20% of all HKEX stocks ended higher, the least for more than 4 months.
In terms of sectors, all sectors were down with losses from -1.2% to -3.9%. 7 sectors outperformed the market. The market was down -2.7%; Utilities was down -1.2%, but already the best performer, reflecting a more risk-averse market; Energy, Consumer Cyclical were down -3.9%, the worst performers.
● WHARF HOLDINGS (0004) surged 7.2% (+$1.24), closed at $18.54, the best % gain in more than 9 months, rose 3.8% (+$0.68) for the week, rose 2 weeks in a row, crossed above MA20 ($18.01). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=0004.HK
● JD (9618) tumbled -11.5% (-$20.6), closed at $158.7, the worst % loss in more than 4 months, also hit a YTD low, fell -14.1% (-$26) for the week. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=9618.HK
● JD LOGISTICS (2618) plummeted -9.1% (-$1.28), closed at $12.72, fell 4 days in a row, the worst % loss in more than 4 months, also hit a YTD low, fell -14.4% (-$2.14) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=2618.HK
● CHINA UNICOM (0762) sank -9.1% (-$0.57), closed at $5.71, the worst % loss in nearly 26 months, fell -8.9% (-$0.56) for the week, crossed below MA20 ($5.94).
360miq.com/stockinfo?code=0762.HK
● BYD (1211) sank -8.1% (-$17.8), closed at $201.2, the worst % loss in more than 4 months, also hit a YTD low, fell -10.7% (-$24) for the week.
360miq.com/stockinfo?code=1211.HK
360miq.com/market?data=HKEX#tab-3
