HSI spiked 3.2% (+771 pts), closed at 24573 points, rose 4.3% (+1023 pts) for the week, crossed above MA20 and MA50 (24074 pts, 23802 pts).
Among the 150 largest-cap stocks, 137 (91%) closed higher. 71% of all HKEX stocks ended higher, the most in nearly 4 months, good for the market.
In terms of sectors, all sectors were up with gains from 1.3% to 3.9%. 3 sectors outperformed the market. The market was up 2.7%; Consumer Cyclical was up 3.9%, the best performer, reflecting an increasing risk appetite; Utilities was up 1.3%, but already the worst performer.
● LI AUTO (2015) jumped 12.6% (+$11.8), closed at $105.6, rose 14.5% (+$13.35) for the week after a 2-week losing streak. The best performer today but with average volume.
360miq.com/stockinfo?code=2015.HK
● INNOVENT BIO (1801) largely retreated -4.4% (-$1.45), closed at $31.25, rose 1.6% (+$0.5) for the week after a 2-week losing streak. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=1801.HK
● MANULIFE (0945) rose 1.6% (+$2.6), closed at $161.4, rose 1.6% (+$2.5) for the week, rose 2 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=0945.HK
● TECHTRONIC IND (0669) jumped 8.1% (+$10.4), closed at $138.4, the best % gain in nearly 6 months, rose 9.5% (+$12) for the week after a 4-week losing streak, crossed above MA20 ($137.77).
360miq.com/stockinfo?code=0669.HK
360miq.com/market?data=HKEX#tab-3
