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HKEX Market Update 2022-10-13

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HSI largely fell -1.9% (-312 pts), closed at 16389 points, fell 6 days in a row, hit a YTD low.

Among the 150 largest-cap stocks, 31 (21%) closed higher. Only 33% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.6% to 0.3%. 7 sectors outperformed the market. The market was down -1.6%; Healthcare, Utilities were up 0.3%, but already the best performers; Consumer Cyclical was down -2.6%, the worst performer.

● BOC AVIATION (2588) largely rebounded 2.9% (+$1.45) after a 4-day losing streak, closed at $51.55. The largest increase in volume.
360miq.com/stockinfo?code=2588.HK

● BEIGENE (6160) largely rebounded 14.5% (+$11.1) after a 5-day losing streak, closed at $87.9, the best % gain in nearly 13 months, crossed above MA20 ($85.45). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=6160.HK

● CG SERVICES (6098) tumbled -14.1% (-$1.48), closed at $9.04, fell 7 days in a row, the worst % loss in more than 2 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=6098.HK

● COUNTRY GARDEN (2007) sank -9.8% (-$0.15), closed at $1.38, fell 3 days in a row, hit a YTD low.
360miq.com/stockinfo?code=2007.HK

● ALI HEALTH (0241) plummeted -8.7% (-$0.31), closed at $3.27, the worst % loss in more than 3 months, also hit a YTD low.
360miq.com/stockinfo?code=0241.HK

● JD LOGISTICS (2618) plunged -7.4% (-$0.96), closed at $12.04, fell 6 days in a row, hit a YTD low.
360miq.com/stockinfo?code=2618.HK

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

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