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HKEX Market Update 2023-06-23

360MiQ 0

HSI largely fell -1.7% (-328 pts), closed at 18890 points, fell 4 days in a row, fell -5.7% (-1150 pts) for the week after a 3-week winning streak, crossed below MA20 (19164 pts).

Among the 150 largest-cap stocks, 7 (5%) closed higher, 6 of them rose with a lower volume. Only 24% of all HKEX stocks ended higher, the least for nearly 2 months.

In terms of sectors, all sectors were down with losses from -1.3% to -3%. 5 sectors outperformed the market. The market was down -1.9%; Communication was down -1.3%, but already the best performer; Healthcare was down -3%, the worst performer.

● GENSCRIPT BIO (1548) rebounded 2.4% (+$0.42) after a 3-day losing streak, closed at $18, fell -8.7% (-$1.72) for the week after a 3-week winning streak. The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=1548.HK

● XPENG (9868) largely retreated -9% (-$3.9), closed at $39.6, fell -12.2% (-$5.5) for the week after a 3-week winning streak. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=9868.HK

● BOSS ZHIPIN (2076) plunged -6.3% (-$3.8), closed at $57, hit a record low, fell -9.5% (-$6) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=2076.HK

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

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