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HKEX Market Update 2023-04-12

360MiQ 0

HSI fell -0.9% (-175 pts), closed at 20310 points.

Among the 150 largest-cap stocks, 75 (50%) closed higher. 48% of all HKEX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 0.9%. 8 sectors outperformed the market. The market was down -0.8%; Energy was up 0.9%, the best performer; Communication was down -2.7%, the worst performer.

● SMIC (0981) largely rebounded 5.7% (+$1.25), closed at $23.05, hit a YTD high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=0981.HK

● LONGFOR GROUP (0960) soared 5.4% (+$1.25), closed at $24.25, a 23-day high, crossed above MA50 ($23.48).
360miq.com/stockinfo?code=0960.HK

● PICC P&C (2328) spiked 5.1% (+$0.41), closed at $8.51, rose 3 days in a row, hit a YTD high.
360miq.com/stockinfo?code=2328.HK

● SMOORE INTL (6969) largely retreated -8.3% (-$0.84), closed at $9.32, the worst % loss in 4 months, crossed below MA20 ($9.98). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=6969.HK

● GIANT BIOGENE (2367) largely retreated -7.8% (-$3.8) after a 3-day winning streak, closed at $44.8, crossed below MA50 ($47.64).
360miq.com/stockinfo?code=2367.HK

● BEKE (2423) largely retreated -7.3% (-$3.65), closed at $46.35, the worst % loss in nearly 4 months, crossed below MA20 and MA50 ($47.96, $48.97).
360miq.com/stockinfo?code=2423.HK

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

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