HSI largely rose +2.1% (+366 pts), closed at 17651 points, rose 5 days in a row, hit a YTD high, rose +8.8% (+1427 pts) for the week after a 2-week losing streak.
Among the 150 largest-cap stocks, 120 (80%) closed higher. 70% of all HKEX stocks ended higher, the most in more than 2 months, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.3% to +4.9%. 6 sectors outperformed the market. The market was up +2.1%; Technology was up +4.9%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -0.3%, but already the worst performer.
● SWHY (6806) jumped +5.6% (+$0.08), closed at $1.51, rose 3 days in a row, the best % gain in more than 1 year, also hit a YTD high, rose +7.9% (+$0.11) for the week, rose 2 weeks in a row, crossed above MA250 ($1.48). The largest increase in volume today.
360miq.com/stockinfo?code=6806.HK
● LONGFOR GROUP (0960) surged +12.7% (+$1.24), closed at $11.04, rose 5 days in a row, the best % gain in more than 1 month, rose +21.3% (+$1.94) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($9.95, $9.95). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=0960.HK
● FUYAO GLASS (3606) surged +11.6% (+$4.9), closed at $47.25, rose 3 days in a row, the best % gain in more than 25 months, also hit a YTD high, rose +13.6% (+$5.65) for the week, rose 5 weeks in a row.
360miq.com/stockinfo?code=3606.HK
● CICC (3908) jumped +10.5% (+$0.93), closed at $9.8, rose 5 days in a row, the best % gain in more than 25 months, also a 21-day high, rose +15% (+$1.28) for the week after a 4-week losing streak, crossed above MA50 ($9.45).
360miq.com/stockinfo?code=3908.HK
● NEW ORIENTAL (9901) largely rebounded +10.4% (+$6.45), closed at $68.65, the best % gain in 1 year, rose +2.9% (+$1.95) for the week, crossed above MA20 ($67.82).
360miq.com/stockinfo?code=9901.HK
● CHINA LONGYUAN (0916) largely fell -4.2% (-$0.25) after a 3-day winning streak, closed at $5.72, rose +0.4% (+$0.02) for the week. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=0916.HK
● YANKUANG ENERGY (1171) largely retreated -3.6% (-$0.62), closed at $16.58, fell -9.5% (-$1.74) for the week after a 2-week winning streak, crossed below MA20 ($17.18).
360miq.com/stockinfo?code=1171.HK
360miq.com/market?data=HKEX#tab-3
