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HKEX Market Update 2023-05-15

360MiQ 0

HSI largely rose 1.8% (+344 pts) after a 4-day losing streak, closed at 19971 points, the best % gain in more than 1 month, crossed above MA250 (19701 pts).

Among the 150 largest-cap stocks, 119 (79%) closed higher. 55% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.3% to 2.4%. only 2 sectors outperformed the market. Boosting by Communication and Consumer Defensive, The market was up 1.4%; Communication was up 2.4%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 0.3%, but already the worst performer.

● TOPSPORTS (6110) largely rebounded 4.6% (+$0.31), closed at $6.99, the best % gain in nearly 2 months. The largest increase in volume.
360miq.com/stockinfo?code=6110.HK

● STAR CM (6698) largely rebounded 12.1% (+$10.75), closed at $99.75, the best % gain in nearly 2 months. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=6698.HK

● COUNTRY GARDEN (2007) plunged -4.3% (-$0.08), closed at $1.8, fell 6 days in a row, hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2007.HK

● ONEWO (2602) largely retreated -3.6% (-$1.2), closed at $32.45, hit a YTD low.
360miq.com/stockinfo?code=2602.HK

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

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