HSI largely retreated -2% (-434 pts), closed at 21190 points, a 21-day low, fell -2.2% (-470 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 28 (19%) closed higher. Only 29% of all HKEX stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.1% to -3.6%. 7 sectors outperformed the market. The market was down -2%; Utilities was down -0.1%, but already the best performer, reflecting a decreasing risk appetite; Technology was down -3.6%, the worst performer.
● STANCHART (2888) largely rose 4.1% (+$2.7), closed at $68, rose 3 days in a row, the best % gain in 1 month, rose 6.1% (+$3.9) for the week, crossed above MA20 ($66.23). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=2888.HK
● KINGDEE INT’L (0268) largely retreated -8.6% (-$1.6), closed at $16.92, the worst % loss in nearly 11 months, fell -9.5% (-$1.78) for the week after a 7-week winning streak, crossed below MA20 ($17.59). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=0268.HK
● BILIBILI (9626) largely retreated -8.4% (-$15.6), closed at $171, hit a YTD low, fell -13.3% (-$26.2) for the week, fell 2 weeks in a row, crossed below MA50 and MA250 ($185.19, $177.8).
360miq.com/stockinfo?code=9626.HK
● LI AUTO (2015) largely retreated -7.6% (-$7.85) after a 3-day winning streak, closed at $94.95, the worst % loss in nearly 2 months, fell -6.6% (-$6.75) for the week after a 2-week winning streak, crossed below MA250 ($101.57).
360miq.com/stockinfo?code=2015.HK
● XPENG (9868) largely retreated -7.4% (-$3), closed at $37.3, the worst % loss in more than 1 month, fell -11.3% (-$4.75) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($39.4, $39.61).
360miq.com/stockinfo?code=9868.HK
360miq.com/market?data=HKEX#tab-3
