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HKEX Market Update 2022-08-02

360MiQ 0

HSI largely fell -2.4% (-477 pts), closed at 19689 points, a 55-day low.

Among the 150 largest-cap stocks, 7 (5%) closed higher. Only 16% of all HKEX stocks ended higher, the least for 3 months.

In terms of sectors, all sectors were down with losses from -1.6% to -3.4%. 6 sectors outperformed the market. The market was down -2.3%; Utilities was down -1.6%, but already the best performer, reflecting a more risk-averse market; Technology was down -3.4%, the worst performer.

● CG SERVICES (6098) tanked -7.5% (-$1.18), closed at $14.56, fell 3 days in a row, hit a YTD low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=6098.HK

● CHINA TELECOM (0728) fell -1.5% (-$0.04), closed at $2.66, the worst % loss in more than 1 month, is testing MA250 ($2.66). The largest increase in volume.
360miq.com/stockinfo?code=0728.HK

● FAST RETAIL-DRS (6288) surged 5.5% (+$2.45), closed at $47.2, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=6288.HK

● XINYI GLASS (0868) tanked -6.8% (-$1.06), closed at $14.54, the worst % loss in more than 4 months, also hit a YTD low.
360miq.com/stockinfo?code=0868.HK

● BILIBILI (9626) largely retreated -6.5% (-$12.5), closed at $178.5.
360miq.com/stockinfo?code=9626.HK

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

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