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HKEX Market Update 2024-08-06

360MiQ 0

HSI slightly fell -0.3% (-50.7 pts), closed at 16647 points, fell 4 days in a row, a 71-day low.

Among the 150 largest-cap stocks, 75 (50%) closed higher. 59% of all HKEX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +3.5%. 6 sectors outperformed the market. The market was up +0.3%; Healthcare was up +3.5%, the best performer; Energy was down -0.8%, the worst performer.

● NEW ORIENTAL (9901) soared +10.8% (+$5.1), closed at $52.5, the best % gain in more than 15 months. The best performer but with average volume.
360miq.com/stockinfo?code=9901.HK

● YUM CHINA (9987) largely rebounded +10.6% (+$24.2) after a 3-day losing streak, closed at $252.8, the best % gain in nearly 6 months, crossed above MA20 and MA50 ($238.33, $251.18).
360miq.com/stockinfo?code=9987.HK

● HANSOH PHARMA (3692) jumped +9.4% (+$1.58), closed at $18.42, rose 3 days in a row, the best % gain in nearly 6 months, also hit a YTD high.
360miq.com/stockinfo?code=3692.HK

● CPIC (2601) plummeted -10.4% (-$2.1), closed at $18.1, the worst % loss in 41 months, also a 59-day low, crossed below MA20 and MA50 ($19.85, $19.86). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=2601.HK

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

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