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HKEX Market Update 2023-06-15

360MiQ 0

HSI largely rose 2.2% (+421 pts), closed at 19829 points, a 20-day high, crossed above MA50 and MA250 (19716 pts, 19565 pts).

Among the 150 largest-cap stocks, 121 (81%) closed higher. 66% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.2% to 3.7%. 4 sectors outperformed the market. The market was up 1.9%; Consumer Cyclical was up 3.7%, the best performer, reflecting a more aggressive market sentiment; Energy was up 0.2%, but already the worst performer.

● SHENZHOU INTL (2313) soared 11.4% (+$8.15), closed at $79.65, the best % gain in 7 months, also a 40-day high, crossed above MA250 ($77.61). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2313.HK

● MEITUAN (3690) spiked 7.8% (+$9.9), closed at $137.2, the best % gain in nearly 3 months, also a 20-day high, crossed above MA50 ($130.46).
360miq.com/stockinfo?code=3690.HK

● ANTA SPORTS (2020) jumped 7.5% (+$6.3), closed at $90.2, the best % gain in nearly 3 months, also a 20-day high, crossed above MA20 ($84.16).
360miq.com/stockinfo?code=2020.HK

● BEIGENE (6160) plunged -12.4% (-$15.9), closed at $112, fell 3 days in a row, the worst % loss in 13 months, also hit a YTD low, crossed below MA250 ($122.65). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=6160.HK

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

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