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HKEX Market Update 2023-02-03

360MiQ 0

HSI fell -1.4% (-298 pts), closed at 21660 points, fell -4.5% (-1029 pts) for the week after a 6-week winning streak, crossed below MA20 (21690 pts).

Among the 150 largest-cap stocks, 32 (21%) closed higher. 35% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -2.3% to 0%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1%; Communication remained unchanged, but already the best performer; Basic Materials was down -2.3%, the worst performer.

● FAST RETAIL-DRS (6288) jumped 5.4% (+$2.55), closed at $49.5, the best % gain in more than 3 months, also an 88-day high, rose 4.7% (+$2.2) for the week, rose 4 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=6288.HK

● CG SERVICES (6098) tumbled -6.7% (-$1.36), closed at $19.04, the worst % loss in more than 1 month, also hit a YTD low, fell -16.5% (-$3.76) for the week after a 2-week winning streak, crossed below MA50 ($19.91). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=6098.HK

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

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