HSI largely rose 1.8% (+420 pts), closed at 23493 points, the best % gain in 1 month, rose 0.4% (+95 pts) for the week, rose 3 weeks in a row, crossed above MA20 (23291 pts).
Among the 150 largest-cap stocks, 108 (72%) closed higher. 56% of all HKEX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.4% to 2.7%. 5 sectors outperformed the market. The market was up 1.6%; Real Estate was up 2.7%, the best performer; Utilities was down -1.4%, the worst performer.
● STANCHART (2888) surged 5.6% (+$2.7), closed at $50.65, the best % gain in more than 10 months, also a 46-day high, rose 9.5% (+$4.4) for the week, rose 4 weeks in a row, crossed above MA200 ($49.64). The largest increase in volume today.
360miq.com/stockinfo?code=2888.HK
● CHINA LESSO (2128) surged 12.3% (+$1.62), closed at $14.76, rose 7 days in a row, a 77-day high, rose 31.8% (+$3.56) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=2128.HK
● CHINA OVERSEAS (0688) jumped 9.1% (+$1.85), closed at $22.2, rose 4 days in a row, the best % gain in nearly 6 years, also a 363-day high, rose 20.3% (+$3.74) for the week.
360miq.com/stockinfo?code=0688.HK
● CHINA RES LAND (1109) soared 7.3% (+$2.45), closed at $36.2, the best % gain in nearly 2 months, also a 191-day high, rose 10.4% (+$3.4) for the week.
360miq.com/stockinfo?code=1109.HK
● CHINA POWER (2380) tumbled -6.1% (-$0.28), closed at $4.28, fell 4 days in a row, a 21-day low, fell -18.5% (-$0.97) for the week, fell 2 weeks in a row, crossed below MA50 ($4.34). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=2380.HK
● CHINA RES POWER (0836) tanked -6% (-$1.3), closed at $20.3, fell 4 days in a row, a 26-day low, fell -22.2% (-$5.8) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=0836.HK