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HKEX Market Update 2025-02-04

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HSI jumped +2.8% (+573 pts), closed at 20790 points, the best % gain in more than 3 months, also hit a YTD high.

Among the 150 largest-cap stocks, 124 (83%) closed higher. 66% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.1% to +4.5%. 3 sectors outperformed the market. The market was up +2.2%; Technology was up +4.5%, the best performer, reflecting a more aggressive market sentiment; Utilities was up +0.1%, but already the worst performer.

● XPENG (9868) jumped +12.4% (+$7.25), closed at $65.7, the best % gain in nearly 3 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=9868.HK

● POP MART (9992) largely rebounded +11.4% (+$10.55), closed at $103.2, the best % gain in more than 3 months, also hit a record high.
360miq.com/stockinfo?code=9992.HK

● SHENZHOU INTL (2313) largely rebounded +8.7% (+$5.05), closed at $62.9, the best % gain in more than 10 months, also hit a YTD high, crossed above MA20 and MA50 ($59.2, $59.76).
360miq.com/stockinfo?code=2313.HK

● GEELY AUTO (0175) soared +7.8% (+$1.16), closed at $15.94, the best % gain in more than 3 months, also hit a YTD high.
360miq.com/stockinfo?code=0175.HK

● JIANGSU EXPRESS (0177) largely fell -3.2% (-$0.28) after a 3-day winning streak, closed at $8.34, the worst % loss in nearly 4 months, crossed below MA20 ($8.37). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0177.HK

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

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