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HKEX Market Update 2024-02-06

360MiQ 0

HSI spiked 4% (+627 pts), closed at 16137 points, the best % gain in more than 6 months, crossed above MA20 (15755 pts).

Among the 150 largest-cap stocks, 141 (94%) closed higher. 75% of all HKEX stocks ended higher, the most in more than 1 month, good for the market.

In terms of sectors, all sectors were up with gains from 1.6% to 6.2%. 4 sectors outperformed the market. The market was up 3.6%; Technology surged 6.2%, the best performer, reflecting a more aggressive market sentiment; Energy was up 1.6%, but already the worst performer.

● LONGFOR GROUP (0960) largely rebounded 10.1% (+$0.84), closed at $9.18, the best % gain in more than 2 months. The best performer but with average volume.
360miq.com/stockinfo?code=0960.HK

● CLP HOLDINGS (0002) surged 4.9% (+$3.15), closed at $67.35, the best % gain in more than 7 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=0002.HK

● ZOOMLION (1157) spiked 10% (+$0.45), closed at $4.93, rose 3 days in a row, the best % gain in more than 11 months, also hit a YTD high.
360miq.com/stockinfo?code=1157.HK

● HANSOH PHARMA (3692) spiked 9.6% (+$1.12), closed at $12.8, the best % gain in more than 3 months, crossed above MA20 ($12.49).
360miq.com/stockinfo?code=3692.HK

● KUAISHOU (1024) soared 9% (+$3.6), closed at $43.7, the best % gain in nearly 14 months, crossed above MA20 ($43.46).
360miq.com/stockinfo?code=1024.HK

● SMIC (0981) surged 8.6% (+$1.22), closed at $15.34, the best % gain in 5 months.
360miq.com/stockinfo?code=0981.HK

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

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