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HKEX Market Update 2022-08-30

360MiQ 0

HSI fell -0.4% (-74 pts), closed at 19949 points, is testing MA20 (19897 pts).

Among the 150 largest-cap stocks, 54 (36%) closed higher. 41% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.4% to 0.5%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Industrials was up 0.5%, the best performer; Healthcare was down -1.4%, the worst performer.

● NEW ORIENTAL (9901) surged 6.6% (+$1.45), closed at $23.45, rose 8 days in a row, the best % gain in 1 month, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=9901.HK

● COSCO SHIP HOLD (1919) largely rebounded 6.4% (+$0.72), closed at $11.96, the best % gain in nearly 5 months, also a 26-day high, crossed above MA20 and MA50 ($11.47, $11.44). The largest increase in volume.
360miq.com/stockinfo?code=1919.HK

● ZHONGSHENG HLDG (0881) plummeted -7% (-$2.9) after a 4-day winning streak, closed at $38.45, the worst % loss in more than 19 months, also hit a YTD low, crossed below MA20 ($40.96). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0881.HK

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

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