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HKEX Market Update 2022-05-18

360MiQ 0

HSI slightly rose 0.2% (+41.3 pts), closed at 20644 points, rose 4 days in a row.

Among the 150 largest-cap stocks, 91 (61%) closed higher. 55% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 2%. 5 sectors outperformed the market. The market was up 0.4%; Utilities was up 2%, the best performer, reflecting a decreasing risk appetite; Communication remained unchanged, but already the worst performer.

● YADEA (1585) spiked 6.7% (+$0.84), closed at $13.42, rose 3 days in a row, the best % gain in more than 1 month, also an 80-day high. The largest increase in volume.
360miq.com/stockinfo?code=1585.HK

● CHINA RES POWER (0836) largely rebounded 8.3% (+$1.16), closed at $15.06, the best % gain in 2 months, crossed above MA20 and MA50 ($14.43, $14.89). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=0836.HK

● WEIGAO GROUP (1066) spiked 8.3% (+$0.66), closed at $8.58, rose 3 days in a row, the best % gain in 2 months, crossed above MA20 ($8.1).
360miq.com/stockinfo?code=1066.HK

● NIO (9866) jumped 7.3% (+$8.9), closed at $130.4, rose 4 days in a row, crossed above MA20 ($129.9).
360miq.com/stockinfo?code=9866.HK

● JD LOGISTICS (2618) largely retreated -6.3% (-$1) after a 3-day winning streak, closed at $14.94, the worst % loss in more than 1 month. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=2618.HK

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

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