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HKEX Market Update 2023-09-25

360MiQ 0

HSI largely retreated -1.8% (-328 pts), closed at 17729 points.

Among the 150 largest-cap stocks, 22 (15%) closed higher. Only 28% of all HKEX stocks ended higher, the least for 1 month.

In terms of sectors, all sectors were down with losses from -0.2% to -2.9%. 7 sectors outperformed the market. The market was down -1.8%; Healthcare was down -0.2%, but already the best performer; Real Estate was down -2.9%, the worst performer.

● GALAXY ENT (0027) tumbled -5.7% (-$2.95), closed at $48.55, the worst % loss in 10 months, also a 77-day low, crossed below MA20 and MA250 ($50.65, $50.62). The largest increase in volume.
360miq.com/stockinfo?code=0027.HK

● INNOVENT BIO (1801) largely rebounded 4.1% (+$1.55) after a 4-day losing streak, closed at $39. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=1801.HK

● LI AUTO (2015) largely retreated -7.7% (-$12.1), closed at $144.7, the worst % loss in more than 9 months, also a 42-day low, crossed below MA20 ($156.01). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2015.HK

● MGM CHINA (2282) largely retreated -6.6% (-$0.7), closed at $9.92, the worst % loss in nearly 5 months, crossed below MA20 and MA50 ($10.07, $10.11).
360miq.com/stockinfo?code=2282.HK

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

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