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HKEX Market Update 2023-05-25

360MiQ 0

HSI largely fell -1.9% (-369 pts), closed at 18747 points, fell 3 days in a row, hit a YTD low.

Among the 150 largest-cap stocks, 9 (6%) closed higher. Only 25% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -1% to -2.5%. 7 sectors outperformed the market. The market was down -1.8%; Technology was down -1%, but already the best performer; Consumer Cyclical was down -2.5%, the worst performer.

● STAR CM (6698) largely rebounded 3.8% (+$3.9), closed at $107. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=6698.HK

● BOC AVIATION (2588) fell -1.7% (-$1.05), closed at $60, fell 3 days in a row, crossed below MA20 and MA50 ($60.88, $61.04). The largest increase in volume.
360miq.com/stockinfo?code=2588.HK

● XPENG (9868) sank -9.3% (-$3.2), closed at $31.35, fell 3 days in a row, the worst % loss in nearly 5 months, also a 46-day low.
360miq.com/stockinfo?code=9868.HK

● NIO (9866) sank -9.3% (-$6.3), closed at $61.15, the worst % loss in nearly 3 months, crossed below MA20 ($63.12). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=9866.HK

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

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