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HKEX Market Update 2024-08-29

360MiQ 0

HSI rose +0.5% (+94.3 pts), closed at 17786 points.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 54% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1.1% to +1.2%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.1%; Consumer Cyclical was up +1.2%, the best performer; Financial was down -1.1%, the worst performer.

● PICC GROUP (1339) surged +6.1% (+$0.17), closed at $2.94, the best % gain in more than 3 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=1339.HK

● MEITUAN (3690) largely rebounded +12.5% (+$12.9), closed at $115.7, the best % gain in nearly 28 months, also a 26-day high, crossed above MA20 and MA50 ($106.38, $111.67). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=3690.HK

● LI AUTO (2015) plummeted -9.7% (-$7.9), closed at $73.15, the worst % loss in more than 3 months, crossed below MA20 and MA50 ($77.67, $76.71). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=2015.HK

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

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