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HKEX Market Update 2024-03-15

360MiQ 0

HSI fell -1.4% (-241 pts), closed at 16721 points, fell 3 days in a row, rose 2.3% (+368 pts) for the week after a 2-week losing streak.

Among the 150 largest-cap stocks, 32 (21%) closed higher. 38% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.5% to 1.2%. 7 sectors outperformed the market. The market was down -1.1%; Basic Materials was up 1.2%, the best performer; Real Estate was down -1.5%, the worst performer.

● HAIER SMARTHOME (6690) largely fell -3.7% (-$0.9), closed at $23.65, the worst % loss in more than 3 months, fell -2.7% (-$0.65) for the week, crossed below MA20 ($24.22). The largest increase in volume today.
360miq.com/stockinfo?code=6690.HK

● UBTECH ROBOTICS (9880) jumped 14.7% (+$28.4), closed at $222, rose 4 days in a row, hit a record high, rose 24.8% (+$44.1) for the week, rose 4 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=9880.HK

● WUXI APPTEC (2359) sank -8.8% (-$3.95), closed at $41, fell 3 days in a row, fell -12.4% (-$5.8) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=2359.HK

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

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