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HKEX Market Update 2024-07-15

360MiQ 0

HSI retreated -1.5% (-277 pts), closed at 18016 points.

Among the 150 largest-cap stocks, 27 (18%) closed higher. Only 33% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.3% to -2.2%. 6 sectors outperformed the market. The market was down -1.4%; Basic Materials, Utilities were down -0.3%, but already the best performers; Healthcare, Consumer Cyclical were down -2.2%, the worst performers.

● CGN POWER (1816) largely rebounded +3% (+$0.1) after a 4-day losing streak, closed at $3.47, crossed above MA20 ($3.42). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=1816.HK

● HAIER SMARTHOME (6690) largely retreated -5.7% (-$1.45), closed at $23.95, the worst % loss in more than 20 months, also a 70-day low, crossed below MA250 ($24.4). The worst performer but with average volume.
360miq.com/stockinfo?code=6690.HK

● PRADA (1913) largely retreated -3.9% (-$2.2), closed at $54, the worst % loss in more than 4 months, also a 90-day low. The largest increase in volume.
360miq.com/stockinfo?code=1913.HK

● BIDU (9888) largely retreated -5.6% (-$5.55) after a 3-day winning streak, closed at $93.95, the worst % loss in more than 4 months, crossed below MA50 ($96.01).
360miq.com/stockinfo?code=9888.HK

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

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