HSI largely rebounded 1.6% (+315 pts), closed at 19519 points, rose 1% (+199 pts) for the week.
Among the 150 largest-cap stocks, 124 (83%) closed higher. 68% of all HKEX stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.4% to 5.1%. 6 sectors outperformed the market. The market was up 1.9%; Technology was up 5.1%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 0.4%, but already the worst performer.
● C&D INTL GROUP (1908) rose 2% (+$0.5), closed at $25.55, rose 3 days in a row, rose 5.1% (+$1.25) for the week, crossed above MA20 and MA50 ($25.47, $25.13). The largest increase in volume today.
360miq.com/stockinfo?code=1908.HK
● BIDU (9888) largely rebounded 13.7% (+$17.1), closed at $142.2, the best % gain in 1 month, rose 9.8% (+$12.7) for the week, crossed above MA20, MA50 and MA250 ($138.1, $138.24, $125.88). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=9888.HK
● KINGSOFT (3888) surged 11.2% (+$3.1), closed at $30.8, rose 3 days in a row, the best % gain in 1 year, also a 25-day high, rose 17.1% (+$4.5) for the week, crossed above MA50 ($28.7).
360miq.com/stockinfo?code=3888.HK
● SENSETIME (0020) largely rebounded 10.5% (+$0.26), closed at $2.73, the best % gain in more than 1 month, also a 21-day high, rose 8.8% (+$0.22) for the week, crossed above MA20 and MA50 ($2.55, $2.51).
360miq.com/stockinfo?code=0020.HK
● BEKE (2423) jumped 9.1% (+$4.15), closed at $49.9, rose 11.4% (+$5.1) for the week, crossed above MA20 and MA50 ($48.53, $48.83).
360miq.com/stockinfo?code=2423.HK
● LI NING (2331) plummeted -9.9% (-$6.35), closed at $57.7, fell 4 days in a row, the worst % loss in 1 year, also hit a YTD low, fell -9.6% (-$6.1) for the week, fell 2 weeks in a row, crossed below MA250 ($63.73). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=2331.HK