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HKEX Market Update 2023-08-31

360MiQ 0

HSI fell -0.5% (-101 pts), closed at 18382 points, fell -8.5% (-1697 pts) for the month.

Among the 150 largest-cap stocks, 53 (35%) closed higher. 42% of all HKEX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.5% to 1.6%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Energy was up 1.6%, the best performer; Real Estate was down -1.5%, the worst performer.

● OOIL (0316) tanked -9.9% (-$11.6), closed at $105.2, the worst % loss in 3 months, also a 42-day low, fell -19% (-$24.7) for the month, crossed below MA250 ($109.31). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=0316.HK

● MENGNIU DAIRY (2319) largely rebounded 5.6% (+$1.4), closed at $26.4, the best % gain in nearly 3 months, fell -10.4% (-$3.05) for the month, crossed above MA20 ($25.91). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=2319.HK

● SHENZHOU INTL (2313) soared 4.8% (+$3.65), closed at $80.45, the best % gain in more than 2 months, fell -2% (-$1.6) for the month, crossed above MA20 and MA50 ($77.06, $77.13).
360miq.com/stockinfo?code=2313.HK

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

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