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HKEX Market Update 2023-09-21

360MiQ 0

HSI fell -1.3% (-231 pts), closed at 17655 points, a 20-day low.

Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 30% of all HKEX stocks ended higher, the least for 1 month.

In terms of sectors, all sectors were down with losses from -0.9% to -2.6%. 5 sectors outperformed the market. The market was down -1.3%; Energy, Financial, Industrials were down -0.9%, but already the best performers; Healthcare was down -2.6%, the worst performer.

● BEIGENE (6160) plunged -7.3% (-$8.8), closed at $112.2, the worst % loss in more than 1 month, also a 54-day low. The worst performer but with average volume.
360miq.com/stockinfo?code=6160.HK

● L’OCCITANE (0973) rebounded 2.1% (+$0.5) after a 3-day losing streak, closed at $24.4. The largest increase in volume.
360miq.com/stockinfo?code=0973.HK

● BEKE (2423) largely rose 3.7% (+$1.5), closed at $42.25, crossed above MA20 and MA50 ($42.17, $42.05). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=2423.HK

● XPENG (9868) plummeted -6.9% (-$4.7), closed at $63.4, the worst % loss in more than 1 month, crossed below MA50 ($68.23).
360miq.com/stockinfo?code=9868.HK

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

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