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HKEX Market Update 2023-07-28

360MiQ 0

HSI rose 1.4% (+278 pts), closed at 19917 points, a 27-day high, rose 4.4% (+842 pts) for the week.

Among the 150 largest-cap stocks, 112 (75%) closed higher. 64% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.1% to 3.2%. 4 sectors outperformed the market. The market was up 1.4%; Technology was up 3.2%, the best performer, reflecting a more aggressive market sentiment; Energy was up 0.1%, but already the worst performer.

● STANCHART (2888) largely rose 3.9% (+$2.8), closed at $74.5, the best % gain in more than 5 months, also a 95-day high, rose 3% (+$2.2) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=2888.HK

● EAST BUY (1797) largely rebounded 28.8% (+$8.7), closed at $38.9, the best % gain in more than 10 months, also a 95-day high, rose 21.6% (+$6.9) for the week, rose 4 weeks in a row, crossed above MA250 ($35.93). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=1797.HK

● CITIC SEC (6030) spiked 10% (+$1.52), closed at $16.68, the best % gain in more than 3 years, also a 54-day high, rose 18.8% (+$2.64) for the week.
360miq.com/stockinfo?code=6030.HK

● BEIJING ENT (0392) surged 8.1% (+$2.35), closed at $31.3, the best % gain in more than 6 years, also a 45-day high, rose 11% (+$3.1) for the week, crossed above MA50 ($29.24).
360miq.com/stockinfo?code=0392.HK

● LENOVO GROUP (0992) spiked 7.7% (+$0.63), closed at $8.8, the best % gain in 4 months, also hit a YTD high, rose 5.5% (+$0.46) for the week, rose 5 weeks in a row.
360miq.com/stockinfo?code=0992.HK

● PRADA (1913) largely fell -3.6% (-$2.1), closed at $56.4, fell -3.3% (-$1.95) for the week, fell 2 weeks in a row, crossed below MA20 ($56.45). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=1913.HK

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

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