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HKEX Market Update 2023-10-11

360MiQ 0

HSI rose 1.3% (+228 pts), closed at 17893 points, rose 5 days in a row, crossed above MA20 (17703 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 61% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 3.7%. 3 sectors outperformed the market. The market was up 1.2%; Healthcare was up 3.7%, the best performer; Basic Materials was down -0.2%, but already the worst performer.

● TST PROPERTIES (0247) tanked -4.3% (-$0.9), closed at $19.8, the worst % loss in nearly 2 years, also hit a YTD low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=0247.HK

● SMIC (0981) spiked 6.7% (+$1.32), closed at $21, rose 3 days in a row, the best % gain in 1 month, also a 22-day high. The largest increase in volume.
360miq.com/stockinfo?code=0981.HK

● SUNNY OPTICAL (2382) surged 12.2% (+$6.45), closed at $59.2, rose 3 days in a row, the best % gain in nearly 17 months, crossed above MA20 ($56.19). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2382.HK

● INNOVENT BIO (1801) largely rebounded 8.3% (+$3.3), closed at $42.9, the best % gain in more than 1 month, also a 160-day high.
360miq.com/stockinfo?code=1801.HK

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

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