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HKEX Market Update 2024-02-27

360MiQ 0

HSI rose 0.9% (+156 pts), closed at 16791 points, hit a YTD high.

Among the 150 largest-cap stocks, 98 (65%) closed higher. 56% of all HKEX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.3% to 2.6%. 5 sectors outperformed the market. The market was up 0.6%; Technology was up 2.6%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -0.3%, but already the worst performer.

● LI AUTO (2015) soared 25.4% (+$35.6), closed at $175.5, rose 6 days in a row, the best % gain in more than 23 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2015.HK

● ZTE (0763) jumped 10.6% (+$1.68), closed at $17.54, the best % gain in 23 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=0763.HK

● SMIC (0981) spiked 10.2% (+$1.54), closed at $16.62, the best % gain in nearly 6 months, also a 27-day high.
360miq.com/stockinfo?code=0981.HK

● TSINGTAO BREW (0168) largely fell -3.7% (-$2), closed at $52.3, the worst % loss in 1 month. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=0168.HK

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

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