HSI largely retreated -2.2% (-364 pts), closed at 16499 points, fell -1.3% (-222 pts) for the week, crossed below MA20 (16623 pts).
Among the 150 largest-cap stocks, 17 (11%) closed higher. Only 28% of all HKEX stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.8% to -4%. 4 sectors outperformed the market. The market was down -1.8%; Communication was down -0.8%, but already the best performer; Healthcare was down -4%, the worst performer.
● HENDERSON LAND (0012) rose 2.4% (+$0.55), closed at $23.55, hit a YTD high, rose 1.5% (+$0.35) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=0012.HK
● OOIL (0316) tanked -16.7% (-$20), closed at $99.7, the worst % loss in more than 1.5 years, also hit a YTD low, fell -18.1% (-$22) for the week, fell 2 weeks in a row, crossed below MA50 and MA250 ($117.33, $108.28). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=0316.HK
● JD HEALTH (6618) plummeted -12.6% (-$4.05), closed at $28.05, the worst % loss in 7 months, fell -9.4% (-$2.9) for the week, crossed below MA20 and MA50 ($30.34, $29.34).
360miq.com/stockinfo?code=6618.HK
● CK ASSET (1113) largely retreated -10.7% (-$3.95), closed at $32.85, the worst % loss in 4 years, also hit a YTD low, fell -12.2% (-$4.55) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($36.36, $36.03). The largest increase in volume today.
360miq.com/stockinfo?code=1113.HK