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HKEX Market Update 2023-06-21

360MiQ 0

HSI largely fell -2% (-389 pts), closed at 19218 points, fell 3 days in a row, the worst % loss in 1 month, crossed below MA250 (19543 pts).

Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 26% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.8% to -3.5%. 6 sectors outperformed the market. The market was down -2%; Financial was down -0.8%, but already the best performer; Technology was down -3.5%, the worst performer.

● CHINA SHENHUA (1088) tumbled -10.3% (-$2.7), closed at $23.6, fell 3 days in a row, the worst % loss in 8 years, also a 75-day low, crossed below MA20, MA50 and MA250 ($25.91, $26.18, $23.97). The worst performer but with average volume.
360miq.com/stockinfo?code=1088.HK

● PRADA (1913) largely fell -3.7% (-$2), closed at $52.4, fell 3 days in a row, crossed below MA20 ($53.84). The largest increase in volume.
360miq.com/stockinfo?code=1913.HK

● MOG DIGITECH (1942) surged 7.1% (+$5.55), closed at $83.2, hit a record high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=1942.HK

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

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