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HKEX Market Update 2022-12-16

360MiQ 0

HSI rebounded 0.4% (+81.7 pts), closed at 19451 points, fell -2.3% (-450 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 56% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.4% to 1.7%. 5 sectors outperformed the market. The market was up 0.5%; Real Estate was up 1.7%, the best performer; Technology was down -0.4%, but already the worst performer.

● SITC (1308) jumped 9.2% (+$1.85), closed at $21.9, rose 7 days in a row, an 85-day high, rose 25.4% (+$4.44) for the week, rose 3 weeks in a row, crossed above MA250 ($21.47). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=1308.HK

● OOIL (0316) soared 8.7% (+$12.2), closed at $152.4, the best % gain in 9 months, also a 73-day high, rose 10.5% (+$14.5) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=0316.HK

● KINGDEE INT’L (0268) tanked -6.9% (-$1.12), closed at $15.14, the worst % loss in nearly 7 months, fell -4.7% (-$0.74) for the week after a 2-week winning streak. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=0268.HK

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

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