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HKEX Market Update 2024-12-16

360MiQ 0

HSI fell -0.9% (-176 pts), closed at 19795 points.

Among the 150 largest-cap stocks, 46 (31%) closed higher. 36% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.3% to +0.6%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.7%; Utilities was up +0.6%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.3%, the worst performer.

● CHINA UNICOM (0762) largely rebounded +2.7% (+$0.18), closed at $6.93, the best % gain in 1 month, also a 36-day high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=0762.HK

● AIR CHINA (0753) tanked -7.2% (-$0.39), closed at $5.01, the worst % loss in more than 2 months. The worst performer but with average volume.
360miq.com/stockinfo?code=0753.HK

● HANG SENG BANK (0011) fell -1.3% (-$1.2), closed at $94.2, fell 5 days in a row, the worst % loss in 1 month, crossed below MA50 ($94.87). The largest increase in volume.
360miq.com/stockinfo?code=0011.HK

● CGN POWER (1816) rose +2.5% (+$0.07), closed at $2.84, crossed above MA50 ($2.82).
360miq.com/stockinfo?code=1816.HK

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

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