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HKEX Market Update 2024-01-11

360MiQ 0

HSI rose 1.3% (+205 pts) after a 7-day losing streak, closed at 16302 points.

Among the 150 largest-cap stocks, 100 (67%) closed higher. 61% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.4% to 1.9%. 4 sectors outperformed the market. The market was up 1%; Technology was up 1.9%, the best performer, reflecting a more aggressive market sentiment; Energy was down -1.4%, the worst performer.

● WUXI XDC (2268) spiked 9.5% (+$2.85), closed at $32.7, the best % gain in more than 1 month, crossed above MA20 ($31.07). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2268.HK

● WUXI BIO (2269) jumped 8.7% (+$2.45), closed at $30.45, the best % gain in more than 9 months, also a 22-day high, crossed above MA20 ($28.35). The largest increase in volume.
360miq.com/stockinfo?code=2269.HK

● CSPC PHARMA (1093) sank -6.2% (-$0.43), closed at $6.47, the worst % loss in more than 9 months, also a 51-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=1093.HK

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

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