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HKEX Market Update 2022-09-09

360MiQ 0

HSI jumped 2.7% (+507 pts) after a 6-day losing streak, closed at 19362 points, fell -0.5% (-90 pts) for the week, fell 2 weeks in a row.

Among the 150 largest-cap stocks, 136 (91%) closed higher. 70% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.5% to 5.6%. 4 sectors outperformed the market. The market was up 2.5%; Healthcare was up 5.6%, the best performer; Utilities was up 0.5%, but already the worst performer.

● LEPU BIO (2157) spiked 283.8% (+$18.56), closed at $25.1, hit a record high, rose 265.4% (+$18.23) for the week, crossed above MA20 and MA50 ($7.71, $7.23). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=2157.HK

● COUNTRY GARDEN (2007) largely rebounded 16.8% (+$0.37), closed at $2.57, the best % gain in nearly 6 months, rose 18.4% (+$0.4) for the week, crossed above MA20 ($2.43).
360miq.com/stockinfo?code=2007.HK

● BILIBILI (9626) largely retreated -16.3% (-$29.7), closed at $152.1, the worst % loss in nearly 6 months, also a 73-day low, fell -20.9% (-$40.3) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=9626.HK

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

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