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HKEX Market Update 2021-12-24

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HSI edged up by 0.1% (+30 points) to close at 23,224 points, rising for 4 consecutive days, a cumulative increase of only 0.1% (+31 points) in a week. The market also added 0.1%.

Of the 150 largest-cap stocks, 69 (46%) closed higher, but 63 of them rose with lower volume. And 56% of Hong Kong stocks closed higher.

In terms of sectors, only 4 sectors closed down. Ranging from -0.4% (Technology) to 0.9% (Utilities). Within Utilities, Mainland electricity stocks were still leading the charge.

CK Asset (1113) sold its two aircraft-leasing businesses, the share price jumped 3.4%.
360miq.com/stockinfo?code=1113.HK

As the Macau casino re-license report gave a more favorable result for the industry, Sands China (1928) and Galaxy Entertainment (27) spiked 4.7%, 2.1% respectively.
360miq.com/stockinfo?code=1928.HK
360miq.com/stockinfo?code=0027.HK

Great Wall Motor (2333) tumbled -5.4% to be the worst performing large-cap stock, losing MA200 again.
360miq.com/stockinfo?code=2333.HK

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

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