HSI largely rebounded +2.8% (+623 pts), closed at 22737 points, hit a YTD high, rose +10.2% (+2105 pts) for the week, rose 3 weeks in a row.
Among the 150 largest-cap stocks, 136 (91%) closed higher, 128 of them rose with a lower volume. 73% of all HKEX stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from +1.2% to +7.7%. 5 sectors outperformed the market. The market was up +2.8%; Technology was up +7.7%, the best performer, reflecting an increasing risk appetite; Real Estate was up +1.2%, but already the worst performer.
● SMIC (0981) largely rebounded +29.3% (+$6.2), closed at $27.35, hit a YTD high, rose +47.4% (+$8.79) for the week, rose 3 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=0981.HK
● SWHY (6806) largely rebounded +25.5% (+$0.67), closed at $3.3, hit a record high, rose +84.4% (+$1.51) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=6806.HK
● COSCO SHIP HOLD (1919) plunged -7.3% (-$0.96), closed at $12.18, the worst % loss in nearly 3 months, fell -5.1% (-$0.66) for the week after a 3-week winning streak. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=1919.HK
360miq.com/market?data=HKEX#tab-3
