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HKEX Market Update 2023-01-03

360MiQ 0

HSI largely rose 1.8% (+364 pts), closed at 20145 points, an 86-day high.

Among the 150 largest-cap stocks, 118 (79%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.4% to 3%. 5 sectors outperformed the market. The market was up 1.8%; Communication was up 3%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was up 0.4%, but already the worst performer.

● KOOLEARN (1797) largely retreated -5.7% (-$3), closed at $49.5. The worst performer but with average volume.
360miq.com/stockinfo?code=1797.HK

● TST PROPERTIES (0247) slightly fell -0.1% (-$0.03), closed at $21.75, the worst % loss in 2 months, also a 1126-day low, crossed below MA20 ($21.78). The largest increase in volume.
360miq.com/stockinfo?code=0247.HK

● LI AUTO (2015) spiked 10.5% (+$8.05), closed at $84.85, rose 3 days in a row, crossed above MA20 ($82.84). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=2015.HK

● AKESO (9926) surged 10% (+$4.3), closed at $47.3, rose 3 days in a row, a 268-day high.
360miq.com/stockinfo?code=9926.HK

● CHINA POWER (2380) soared 9.4% (+$0.31), closed at $3.61, rose 7 days in a row, a 66-day high.
360miq.com/stockinfo?code=2380.HK

● YADEA (1585) jumped 8.1% (+$1.06), closed at $14.12, rose 3 days in a row, the best % gain in 1 month, crossed above MA20, MA50 and MA250 ($13.33, $13.14, $13.26).
360miq.com/stockinfo?code=1585.HK

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

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