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HKEX Market Update 2024-03-05

360MiQ 0

HSI plummeted -2.6% (-433 pts), closed at 16163 points, the worst % loss in more than 1 month, crossed below MA20 and MA50 (16286 pts, 16170 pts).

Among the 150 largest-cap stocks, 12 (8%) closed higher. Only 26% of all HKEX stocks ended higher, the least for 1 month.

In terms of sectors, all sectors were down with losses from -0.8% to -4.6%. 5 sectors outperformed the market. The market was down -2.3%; Energy was down -0.8%, but already the best performer; Healthcare was down -4.6%, the worst performer.

● HUADIAN POWER (1071) largely rose 2.9% (+$0.11), closed at $3.89. The best performer but with average volume.
360miq.com/stockinfo?code=1071.HK

● HAIDILAO (6862) largely fell -3% (-$0.42), closed at $13.56, fell 3 days in a row, crossed below MA20 and MA50 ($13.78, $13.62). The largest increase in volume.
360miq.com/stockinfo?code=6862.HK

● JD HEALTH (6618) largely retreated -8.1% (-$2.45), closed at $27.75, the worst % loss in more than 6 months, crossed below MA20 ($29.2). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=6618.HK

● JD (9618) plummeted -7.5% (-$6.75), closed at $82.75, the worst % loss in more than 4 months, also a 28-day low.
360miq.com/stockinfo?code=9618.HK

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

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