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HKEX Market Update 2022-01-20

360MiQ 0

HSI soared 3.4% (+824 pts), closed at 24952 points, the best % gain in more than 1.5 years, also a 42-day high.

Among the 150 largest-cap stocks, 116 (77%) closed higher. 61% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.7% to 4.6%. 3 sectors outperformed the market. The market was up 2.5%; Consumer Cyclical was up 4.6%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.7%, the worst performer.

● CHINA LIFE (2628) largely rose 3.8% (+$0.52), closed at $14.2, rose 3 days in a row, the best % gain in more than 3 months, also a 61-day high, crossed above MA200 ($13.86). The largest increase in volume.
360miq.com/stockinfo?code=2628.HK

● CG SERVICES (6098) spiked 15.5% (+$6.6), closed at $49.1, the best % gain in nearly 6 months, also a 22-day high, crossed above MA20 and MA50 ($44.09, $48.67). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=6098.HK

● SUNAC (1918) surged 15.2% (+$1.44), closed at $10.9, rose 3 days in a row, the best % gain in more than 1 month, crossed above MA20 ($10.76).
360miq.com/stockinfo?code=1918.HK

● MEITUAN (3690) jumped 11% (+$23.6) after a 5-day losing streak, closed at $238, the best % gain in nearly 5 months, also a 23-day high, crossed above MA20 ($217.67).
360miq.com/stockinfo?code=3690.HK

● PING AN (2318) jumped 7.2% (+$4.4), closed at $65.8, rose 3 days in a row, the best % gain in nearly 3 months, also a 105-day high.
360miq.com/stockinfo?code=2318.HK

● SITC (1308) tanked -4.8% (-$1.5), closed at $29.5, is testing MA20 ($29.5). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1308.HK

● GCL-POLY ENERGY (3800) plunged -4.3% (-$0.11), closed at $2.45, fell 3 days in a row.
360miq.com/stockinfo?code=3800.HK

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

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