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HKEX Market Update 2021-12-28

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HSI edged up 0.2% (+57 points) to close at 23,281 points, rising for 5 consecutive days.

Among the 150 largest-cap stocks, 91 (61%) closed higher. 50% of the overall Hong Kong stocks rose.

In terms of sectors, 5 sectors rose, 6 sectors fell, ranging from -1.5% to 1.5%. Five sectors outperformed the overall market. The overall market remained unchanged; Real Estate rose 1.5%, the best performer; while Communication fell -1.5%, the worst performer.

Tencent (700) fell -2.1%, dragging down HSI by 40 points and falling below the 20-day MA.
360miq.com/stockinfo?code=0700.HK

China Resources Power (836) retreated -7.1% from its high. It is the worst performing large-cap stock. It still rose 219% this year.
360miq.com/stockinfo?code=0836.HK

Real Estate led the market. Sunac China (1918) rebounded sharply by 7% but still fell -58% this year.
360miq.com/stockinfo?code=1918.HK

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