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HKEX Market Update 2024-01-30

360MiQ 0

HSI largely fell -2.3% (-374 pts), closed at 15703 points, crossed below MA20 (15955 pts).

Among the 150 largest-cap stocks, 9 (6%) closed higher. Only 25% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -1.6% to -3.7%. 5 sectors outperformed the market. The market was down -2.3%; Energy was down -1.6%, but already the best performer; Technology was down -3.7%, the worst performer.

● SHENZHOU INTL (2313) largely retreated -7.2% (-$5.3), closed at $67.95, the worst % loss in more than 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2313.HK

● SMIC (0981) tumbled -6.4% (-$0.98), closed at $14.42, fell 3 days in a row, the worst % loss in more than 2 months, also hit a YTD low.
360miq.com/stockinfo?code=0981.HK

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

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