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HKEX Market Update 2022-09-08

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HSI fell -1% (-189 pts), closed at 18855 points, fell 6 days in a row, a 119-day low.

Among the 150 largest-cap stocks, 35 (23%) closed higher. 38% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3% to 0.1%. 7 sectors outperformed the market. The market was down -1%; Utilities was up 0.1%, but already the best performer, reflecting a decreasing risk appetite; Energy was down -3%, the worst performer.

● CHINA RES POWER (0836) spiked 5.2% (+$0.84), closed at $16.9, rose 3 days in a row, a 44-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=0836.HK

● ZAI LAB (9688) largely retreated -7.6% (-$2.95), closed at $35.9, the worst % loss in nearly 3 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=9688.HK

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

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