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HKEX Market Update 2023-05-04

360MiQ 0

HSI rebounded 1.3% (+250 pts), closed at 19949 points, crossed above MA250 (19719 pts).

Among the 150 largest-cap stocks, 108 (72%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.2% to 2.3%. 7 sectors outperformed the market, the market internal was more positive. The market was up 1%; Financial was up 2.3%, the best performer; Consumer Defensive was down -1.2%, the worst performer.

● CITIC BANK (0998) largely rebounded 3.8% (+$0.16), closed at $4.4, the best % gain in 5 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=0998.HK

● CPIC (2601) jumped 9.2% (+$2.15), closed at $25.55, the best % gain in nearly 34 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=2601.HK

● TSINGTAO BREW (0168) largely retreated -6.7% (-$5.7), closed at $78.8, the worst % loss in nearly 7 months, also a 28-day low, crossed below MA20 and MA50 ($83.31, $81.37). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0168.HK

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

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