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HKEX Market Update 2023-12-05

360MiQ 0

HSI largely fell -1.9% (-318 pts), closed at 16328 points, fell 3 days in a row, hit a YTD low.

Among the 150 largest-cap stocks, 19 (13%) closed higher, 16 of them rose with a lower volume. Only 28% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.4% to -3.1%. 5 sectors outperformed the market. The market was down -1.6%; Utilities was down -0.4%, but already the best performer, reflecting a more conservative market sentiment; Technology was down -3.1%, the worst performer.

● EAST BUY (1797) soared 8.6% (+$2.55), closed at $32.1, rose 3 days in a row, the best % gain in more than 1 month, also a 25-day high, crossed above MA20 ($29.93). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=1797.HK

● MNSO (9896) tanked -13.6% (-$6.3), closed at $40, fell 3 days in a row, the worst % loss in more than 1 year, also a 71-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=9896.HK

● WUXI BIO (2269) tanked -8.4% (-$2.8), closed at $30.35, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=2269.HK

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

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