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HKEX Market Update 2023-12-18

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HSI retreated -1% (-163 pts), closed at 16629 points.

Among the 150 largest-cap stocks, 29 (19%) closed higher. Only 33% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 9 sectors closed down, 2 sectors remained unchanged, ranging from -1.9% to 0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1%; Energy was up 0.2%, but already the best performer; Healthcare was down -1.9%, the worst performer.

● EAST BUY (1797) largely rebounded 20% (+$5.25), closed at $31.5, the best % gain in more than 4 months, crossed above MA20 and MA50 ($30.42, $31.43). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=1797.HK

● SITC (1308) jumped 14.7% (+$1.74), closed at $13.54, rose 3 days in a row, the best % gain in nearly 104 months, also a 57-day high, crossed above MA20 and MA50 ($12.09, $12.12).
360miq.com/stockinfo?code=1308.HK

● XPENG (9868) tanked -6.7% (-$3.95), closed at $55.35, the worst % loss in more than 1 month, also a 38-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=9868.HK

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

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