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HKEX Market Update 2023-05-08

360MiQ 0

HSI rose 1.2% (+248 pts), closed at 20297 points, rose 3 days in a row, crossed above MA20 (20159 pts).

Among the 150 largest-cap stocks, 90 (60%) closed higher. 53% of all HKEX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.5% to 4.7%. 5 sectors outperformed the market. The market was up 0.8%; Energy was up 4.7%, the best performer; Healthcare was down -0.5%, the worst performer.

● YANKUANG ENERGY (1171) soared 6.7% (+$1.75), closed at $28, the best % gain in more than 1 month, also a 21-day high, crossed above MA20 ($26.39). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1171.HK

● CITIC BANK (0998) largely rebounded 6% (+$0.26), closed at $4.61, the best % gain in nearly 34 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=0998.HK

● SINOPEC CORP (0386) spiked 5.9% (+$0.3), closed at $5.38, the best % gain in more than 1 month, also hit a YTD high.
360miq.com/stockinfo?code=0386.HK

● CNOOC (0883) spiked 5.7% (+$0.7), closed at $13.04, the best % gain in nearly 2 months, also hit a record high, crossed above MA20 ($12.52).
360miq.com/stockinfo?code=0883.HK

● SENSETIME (0020) plunged -6.2% (-$0.16), closed at $2.43. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0020.HK

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

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