HSI largely fell -2.5% (-523 pts) after a 4-day winning streak, closed at 20121 points, crossed below MA20 (20310 pts).
Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 33% of all HKEX stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.4% to -4.3%. 9 sectors outperformed the market. Dragging by Consumer Cyclical and Communication, The market was down -2.4%; Real Estate was down -0.4%, but already the best performer; Consumer Cyclical, Communication were down -4.3%, the worst performers.
● GCL TECH (3800) surged 5.8% (+$0.14), closed at $2.55, the best % gain in more than 1 month, crossed above MA20 and MA50 ($2.43, $2.53). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=3800.HK
● TECHTRONIC IND (0669) largely retreated -7.5% (-$7.95) after a 4-day winning streak, closed at $98.65, crossed below MA20 ($104.23). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=0669.HK
● BABA (9988) plummeted -7.4% (-$6.65), closed at $83.35, the worst % loss in 2 months, crossed below MA20 ($88.66).
360miq.com/stockinfo?code=9988.HK
● TENCENT (0700) plunged -6.5% (-$23.8), closed at $341.8, the worst % loss in 2 months, crossed below MA20 ($352.29). The largest increase in volume.
360miq.com/stockinfo?code=0700.HK