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HKEX Market Update 2024-05-22

360MiQ 0

HSI slightly fell -0.1% (-25.4 pts), closed at 19196 points.

Among the 150 largest-cap stocks, 83 (55%) closed higher, 70 of them rose with a lower volume. 57% of all HKEX stocks ended higher.

In terms of sectors, 4 sectors closed up, 4 sectors closed down, 4 sectors remained unchanged, ranging from -0.9% to +2.6%. 4 sectors outperformed the market. The market remained unchanged; Technology was up +2.6%, the best performer; Consumer Cyclical was down -0.9%, the worst performer.

● FAST RETAIL-DRS (6288) largely fell -3.8% (-$0.8), closed at $20, the worst % loss in 3 months, also a 77-day low. The largest increase in volume.
360miq.com/stockinfo?code=6288.HK

● XPENG (9868) largely rebounded +13.1% (+$4), closed at $34.65, the best % gain in nearly 10 months, crossed above MA20 and MA50 ($31.8, $32.79). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=9868.HK

● LENOVO GROUP (0992) surged +12.2% (+$1.24), closed at $11.42, the best % gain in more than 37 months, also hit a record high.
360miq.com/stockinfo?code=0992.HK

● HWORLD (1179) tumbled -5.2% (-$1.6), closed at $29.05, fell 3 days in a row, the worst % loss in more than 2 months, also a 20-day low, crossed below MA50 and MA250 ($30.6, $29.77). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1179.HK

● CHINA RES BEER (0291) tanked -4.6% (-$1.7), closed at $35, the worst % loss in more than 1 month, crossed below MA50 ($35.74).
360miq.com/stockinfo?code=0291.HK

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

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