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HKEX Market Update 2024-07-11

360MiQ 0

HSI largely rose +2.1% (+360 pts) after a 4-day losing streak, closed at 17832 points, crossed above MA250 (17497 pts).

Among the 150 largest-cap stocks, 130 (87%) closed higher. 70% of all HKEX stocks ended higher, the most in 2 months, good for the market.

In terms of sectors, all sectors were up with gains from +0.9% to +2.7%. 5 sectors outperformed the market. The market was up +1.8%; Real Estate was up +2.7%, the best performer; Utilities was up +0.9%, but already the worst performer.

● CTG DUTY-FREE (1880) surged +7.6% (+$3.9), closed at $54.9, crossed above MA20 ($52.48). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=1880.HK

● LI AUTO (2015) largely rebounded +7.1% (+$5.45), closed at $82.55, the best % gain in more than 4 months, also a 35-day high.
360miq.com/stockinfo?code=2015.HK

● HUADIAN POWER (1071) tumbled -5.6% (-$0.25), closed at $4.18, fell 3 days in a row, a 32-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=1071.HK

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

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