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HKEX Market Update 2023-07-03

360MiQ 0

HSI largely rose 2.1% (+391 pts), closed at 19307 points, is testing MA20 (19313 pts).

Among the 150 largest-cap stocks, 131 (87%) closed higher. 66% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.6% to 3%. 4 sectors outperformed the market. The market was up 1.8%; Consumer Cyclical was up 3%, the best performer, reflecting an increasing risk appetite; Healthcare was up 0.6%, but already the worst performer.

● ESR (1821) plummeted -4.3% (-$0.58), closed at $12.86. The worst performer but with average volume.
360miq.com/stockinfo?code=1821.HK

● GEELY AUTO (0175) jumped 6.1% (+$0.58), closed at $10.14, the best % gain in 5 months, also a 50-day high. The largest increase in volume.
360miq.com/stockinfo?code=0175.HK

● XPENG (9868) jumped 16.5% (+$8.25), closed at $58.25, rose 4 days in a row, the best % gain in nearly 7 months, also hit a YTD high, crossed above MA250 ($50.58). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=9868.HK

● BOC HONG KONG (2388) largely fell -4.2% (-$1), closed at $22.95, the worst % loss in more than 7 months, also hit a YTD low.
360miq.com/stockinfo?code=2388.HK

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

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