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HKEX Market Update 2023-11-24

360MiQ 0

HSI largely fell -2% (-352 pts), closed at 17559 points, rose 0.6% (+105 pts) for the week, rose 2 weeks in a row, crossed below MA20 and MA50 (17567 pts, 17592 pts).

Among the 150 largest-cap stocks, 13 (9%) closed higher. 34% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.7% to -2.2%. 5 sectors outperformed the market. The market was down -1.6%; Energy was down -0.7%, but already the best performer; Technology was down -2.2%, the worst performer.

● LEAPMOTOR (9863) surged 4.7% (+$1.75), closed at $39.05, rose 3 days in a row, a 45-day high, rose 8.2% (+$2.95) for the week, rose 3 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=9863.HK

● CHOW TAI FOOK (1929) largely retreated -11.1% (-$1.34), closed at $10.7, the worst % loss in nearly 1 year, also a 20-day low, fell -7.6% (-$0.88) for the week, crossed below MA20 and MA50 ($11.5, $11.28). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=1929.HK

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

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