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HKEX Market Update 2023-12-11

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HSI fell -0.8% (-133 pts), closed at 16201 points, fell 3 days in a row, hit a YTD low.

Among the 150 largest-cap stocks, 52 (35%) closed higher. 38% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.6% to 0.4%. 8 sectors outperformed the market. The market was down -0.6%; Technology was up 0.4%, but already the best performer; Consumer Cyclical was down -1.6%, the worst performer.

● KINGDEE INT’L (0268) largely rebounded 8.1% (+$0.84), closed at $11.22, the best % gain in 1 month, crossed above MA50 ($10.8). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0268.HK

● LI NING (2331) plummeted -14.3% (-$3.05), closed at $18.3, the worst % loss in more than 1 month, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=2331.HK

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

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