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HKEX Market Update 2023-09-22

360MiQ 0

HSI largely rebounded 2.3% (+402 pts), closed at 18057 points, fell -0.7% (-126 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 134 (89%) closed higher. 68% of all HKEX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 2.9%. 4 sectors outperformed the market. The market was up 1.9%; Technology was up 2.9%, the best performer, reflecting a more aggressive market sentiment; Healthcare remained unchanged, but already the worst performer.

● NTES (9999) largely rebounded 6.2% (+$9.5), closed at $161.9, the best % gain in nearly 4 months, rose 0.6% (+$0.9) for the week, rose 2 weeks in a row, crossed above MA20 ($159.22). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=9999.HK

● XPENG (9868) largely rebounded 5.5% (+$3.5), closed at $66.9, fell -8.1% (-$5.9) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=9868.HK

● WUXI BIO (2269) largely rebounded 5.4% (+$2.2) after a 4-day losing streak, closed at $42.95, fell -2.2% (-$0.95) for the week, crossed above MA50 ($42.6).
360miq.com/stockinfo?code=2269.HK

● TST PROPERTIES (0247) largely fell -3.7% (-$0.8), closed at $21, the worst % loss in 23 months, also hit a YTD low, fell -3.7% (-$0.8) for the week, crossed below MA50 ($21.78). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=0247.HK

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

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