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HKEX Market Update 2024-05-06

360MiQ 0

HSI rose +0.6% (+102 pts), closed at 18578 points, rose 10 days in a row, hit a YTD high.

Among the 150 largest-cap stocks, 98 (65%) closed higher. 55% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1% to +2%. 5 sectors outperformed the market. The market was up +0.6%; Basic Materials was up +2%, the best performer; Real Estate, Energy were down -1%, the worst performers.

● CHINA VANKE (2202) largely fell -4.2% (-$0.21), closed at $4.8. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=2202.HK

● LI AUTO (2015) jumped +6.1% (+$6.8), closed at $117.8, rose 6 days in a row, the best % gain in more than 2 months. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=2015.HK

● ZOOMLION (1157) jumped +6.1% (+$0.35), closed at $6.1, crossed above MA20 ($5.96).
360miq.com/stockinfo?code=1157.HK

● COSCO SHIP ENGY (1138) jumped +6% (+$0.56), closed at $9.9, the best % gain in 1 month, also hit a YTD high.
360miq.com/stockinfo?code=1138.HK

● SH ELECTRIC (2727) largely rebounded +6% (+$0.09) after a 3-day losing streak, closed at $1.58, is testing MA50 ($1.58).
360miq.com/stockinfo?code=2727.HK

● CNOOC (0883) largely fell -2.9% (-$0.58), closed at $19.72, the worst % loss in nearly 2 months.
360miq.com/stockinfo?code=0883.HK

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

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