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HKEX Market Update 2024-08-01

360MiQ 0

HSI slightly retreated -0.2% (-40 pts), closed at 17305 points.

Among the 150 largest-cap stocks, 69 (46%) closed higher. 41% of all HKEX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1.8% to +1.6%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Utilities was up +1.6%, the best performer, reflecting a more risk-averse market; Consumer Defensive was down -1.8%, the worst performer.

● CHINA EAST AIR (0670) rose +2.5% (+$0.05), closed at $2.09, crossed above MA50 ($2.08). The largest increase in volume.
360miq.com/stockinfo?code=0670.HK

● PRADA (1913) soared +5.7% (+$3.2), closed at $59.6, the best % gain in nearly 5 months, also a 23-day high, crossed above MA50 ($58.57). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1913.HK

● POWER ASSETS (0006) soared +5% (+$2.5), closed at $52.3, the best % gain in more than 7 months, also hit a record high.
360miq.com/stockinfo?code=0006.HK

● NEW ORIENTAL (9901) largely retreated -7.9% (-$4.3), closed at $50.45, the worst % loss in 3 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=9901.HK

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

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