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HKEX Market Update 2024-12-18

360MiQ 0

HSI rose +0.8% (+165 pts) after a 3-day losing streak, closed at 19865 points, crossed above MA20 (19730 pts).

Among the 150 largest-cap stocks, 122 (81%) closed higher. 60% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.1% to +2.1%. 5 sectors outperformed the market. The market was up +0.9%; Technology was up +2.1%, the best performer, reflecting an increasing risk appetite; Basic Materials was up +0.1%, but already the worst performer.

● TSINGTAO BREW (0168) fell -2.4% (-$1.3), closed at $53.45. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=0168.HK

● CHINA COMM CONS (1800) spiked +4.3% (+$0.22), closed at $5.36, rose 3 days in a row, the best % gain in more than 1 month, also a 27-day high. The largest increase in volume.
360miq.com/stockinfo?code=1800.HK

● LI AUTO (2015) jumped +5.5% (+$4.65) after a 3-day losing streak, closed at $89.9, the best % gain in nearly 2 months, crossed above MA20 ($88.08). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=2015.HK

● ANTA SPORTS (2020) fell -2.2% (-$1.75), closed at $78.95, fell 4 days in a row, crossed below MA20 ($79.46).
360miq.com/stockinfo?code=2020.HK

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

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