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HKEX Market Update 2024-08-09

360MiQ 0

HSI rose +1.2% (+198 pts), closed at 17090 points, rose 3 days in a row, rose +0.8% (+144 pts) for the week after a 3-week losing streak.

Among the 150 largest-cap stocks, 103 (69%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.2% to +2%. 6 sectors outperformed the market. The market was up +1%; Technology was up +2%, the best performer, reflecting a more aggressive market sentiment; Communication was up +0.2%, but already the worst performer.

● HWORLD (1179) largely rebounded +6% (+$1.25), closed at $22.25, the best % gain in more than 5 months, rose +4.1% (+$0.88) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=1179.HK

● LI AUTO (2015) jumped +5.4% (+$4.05), closed at $78.4, rose +5.4% (+$4) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($76.02, $75.97).
360miq.com/stockinfo?code=2015.HK

● CHINA UNICOM (0762) largely fell -3.8% (-$0.25), closed at $6.34, a 37-day low, fell -7% (-$0.48) for the week, fell 5 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=0762.HK

● CHINA TELECOM (0728) largely fell -3.9% (-$0.17), closed at $4.23, a 55-day low, fell -8.4% (-$0.39) for the week. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=0728.HK

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

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