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HKEX Market Update 2024-05-08

360MiQ 0

HSI fell -0.9% (-165 pts), closed at 18314 points.

Among the 150 largest-cap stocks, 31 (21%) closed higher. 34% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -3.1% to +0.3%. 7 sectors outperformed the market. The market was down -1.1%; Energy was up +0.3%, but already the best performer; Real Estate was down -3.1%, the worst performer.

● CHINA COAL (1898) spiked +4.9% (+$0.4), closed at $8.56, rose 4 days in a row, the best % gain in more than 2 months, also a 38-day high. The largest increase in volume.
360miq.com/stockinfo?code=1898.HK

● XIAOMI (1810) surged +6.5% (+$1.16), closed at $19.1, the best % gain in 1 month, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=1810.HK

● LONGFOR GROUP (0960) plunged -7.6% (-$0.94), closed at $11.5, fell 3 days in a row. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=0960.HK

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

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