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HKEX Market Update 2024-08-26

360MiQ 0

HSI rose +1.1% (+187 pts), closed at 17799 points, a 29-day high.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 60% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.5% to +2.3%. 5 sectors outperformed the market. The market was up +1.1%; Real Estate was up +2.3%, the best performer; Utilities was up +0.5%, but already the worst performer.

● BILIBILI (9626) surged +7% (+$7.5), closed at $114.6, the best % gain in 2 months, crossed above MA20 ($113.17). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=9626.HK

● WHARF REIC (1997) largely rebounded +6.4% (+$1.35), closed at $22.4, the best % gain in more than 20 months.
360miq.com/stockinfo?code=1997.HK

● NONGFU SPRING (9633) jumped +6.1% (+$1.75), closed at $30.3, the best % gain in more than 1 month, crossed above MA20 ($29.41).
360miq.com/stockinfo?code=9633.HK

● CHINA CRSC (3969) plummeted -5.5% (-$0.18), closed at $3.1, fell 5 days in a row, the worst % loss in more than 4 months, also a 48-day low, crossed below MA20 ($3.25). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=3969.HK

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

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