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HKEX Market Update 2024-01-02

360MiQ 0

HSI fell -1.5% (-258 pts) after a 3-day winning streak, closed at 16789 points.

Among the 150 largest-cap stocks, 34 (23%) closed higher. 37% of all HKEX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -2.8% to 1.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1.1%; Energy was up 1.5%, the best performer; Real Estate was down -2.8%, the worst performer.

● NEW ORIENTAL (9901) largely rebounded 5.5% (+$3.05), closed at $58.3, the best % gain in 2 months, crossed above MA50 ($56.28). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=9901.HK

● MGM CHINA (2282) jumped 4.9% (+$0.49), closed at $10.4, the best % gain in nearly 5 months, also a 55-day high. The largest increase in volume.
360miq.com/stockinfo?code=2282.HK

● SANDS CHINA (1928) soared 5% (+$1.15), closed at $24, the best % gain in 5 months, also a 61-day high.
360miq.com/stockinfo?code=1928.HK

● CHINA RES BEER (0291) sank -8.3% (-$2.85), closed at $31.35, the worst % loss in nearly 20 months, also a 928-day low, crossed below MA20 ($33.26). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=0291.HK

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

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