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HKEX Market Update 2023-04-11

360MiQ 0

HSI rose 0.8% (+154 pts), closed at 20485 points, a 21-day high, is testing MA50 (20489 pts).

Among the 150 largest-cap stocks, 115 (77%) closed higher. 59% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1.7% to 3.4%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.8%; Healthcare was up 3.4%, the best performer; Communication was down -1.7%, the worst performer.

● COUNTRY GARDEN (2007) largely rebounded 14.1% (+$0.29) after a 4-day losing streak, closed at $2.34, the best % gain in more than 4 months, also a 21-day high, crossed above MA20 ($2.18). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2007.HK

● BEIGENE (6160) surged 9.7% (+$13), closed at $147.4, rose 4 days in a row, the best % gain in 4 months, also a 37-day high, crossed above MA20 and MA50 ($135.16, $141.23).
360miq.com/stockinfo?code=6160.HK

● YUEXIU PROPERTY (0123) spiked 7.5% (+$0.9), closed at $12.88, the best % gain in more than 1 month, also hit a record high.
360miq.com/stockinfo?code=0123.HK

● LONGFOR GROUP (0960) largely rebounded 7.5% (+$1.6), closed at $23, the best % gain in more than 1 month, also a 21-day high, crossed above MA20 ($21.73).
360miq.com/stockinfo?code=0960.HK

● BIDU (9888) tanked -5.4% (-$7.7), closed at $135.2. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=9888.HK

● YANKUANG ENERGY (1171) sank -5.4% (-$1.45), closed at $25.5, the worst % loss in nearly 5 months.
360miq.com/stockinfo?code=1171.HK

● HUA HONG SEMI (1347) largely retreated -5.3% (-$2), closed at $35.6, the worst % loss in nearly 4 months.
360miq.com/stockinfo?code=1347.HK

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

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