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HKEX Market Update 2024-01-08

360MiQ 0

HSI largely fell -1.9% (-311 pts), closed at 16224 points, fell 5 days in a row, the worst % loss in more than 1 month.

Among the 150 largest-cap stocks, 15 (10%) closed higher. Only 25% of all HKEX stocks ended higher, the least for 3 months.

In terms of sectors, all sectors were down with losses from -0.1% to -2.8%. 5 sectors outperformed the market. The market was down -1.7%; Energy was down -0.1%, but already the best performer; Healthcare was down -2.8%, the worst performer.

● YADEA (1585) largely fell -3.8% (-$0.48), closed at $12.28, fell 6 days in a row, the worst % loss in 1 month, also a 252-day low. The largest increase in volume.
360miq.com/stockinfo?code=1585.HK

● SDHG (0412) rebounded 2.5% (+$0.15), closed at $6.25. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=0412.HK

● XPENG (9868) tumbled -7.8% (-$4.1), closed at $48.6, the worst % loss in more than 2 months, also a 128-day low, crossed below MA250 ($51.57). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=9868.HK

● XINYI GLASS (0868) plummeted -7.6% (-$0.65), closed at $7.93, the worst % loss in 22 months, also an 868-day low, crossed below MA20 ($8.42).
360miq.com/stockinfo?code=0868.HK

● WUXI XDC (2268) tumbled -6.6% (-$2.05), closed at $28.95, the worst % loss in 1 month, crossed below MA20 ($30.86).
360miq.com/stockinfo?code=2268.HK

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

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