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HKEX Market Update 2022-11-03

360MiQ 0

HSI largely retreated -3.1% (-488 pts), closed at 15339 points.

Among the 150 largest-cap stocks, 25 (17%) closed higher. Only 31% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -1% to -4.6%. 9 sectors outperformed the market. Dragging by Consumer Cyclical and Communication, The market was down -2.7%; Utilities was down -1%, but already the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -4.6%, the worst performer.

● CHINA POWER (2380) largely rebounded 5.9% (+$0.14), closed at $2.51. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=2380.HK

● CHINA UNICOM (0762) rose 2.1% (+$0.07), closed at $3.45, is testing MA20 ($3.46). The largest increase in volume.
360miq.com/stockinfo?code=0762.HK

● CSPC PHARMA (1093) largely retreated -9.7% (-$0.97), closed at $9.05, the worst % loss in 29 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1093.HK

● PRADA (1913) largely retreated -9.1% (-$3.75) after a 3-day winning streak, closed at $37.55, the worst % loss in more than 14 months, crossed below MA50 ($39.38).
360miq.com/stockinfo?code=1913.HK

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

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