HSI slightly retreated -0.04% (-7.54 pts), closed at 20090 points, rose +1.9% (+369 pts) for the week, is testing MA50 (20041 pts).
Among the 150 largest-cap stocks, 71 (47%) closed higher. 50% of all HKEX stocks ended higher.
In terms of sectors, 4 sectors closed up, 7 sectors closed down, ranging from -1% to +4.1%. 4 sectors outperformed the market. The market remained unchanged; Technology was up +4.1%, the best performer, reflecting an increasing risk appetite; Healthcare was down -1%, the worst performer.
● ZTE (0763) spiked +13.2% (+$2.9), closed at $24.9, the best % gain in more than 2 months, also a 55-day high, rose +14.2% (+$3.1) for the week, rose 2 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=0763.HK
● SMOORE INTL (6969) largely rebounded +11.5% (+$1.16) after a 4-day losing streak, closed at $11.26, the best % gain in more than 2 years, rose +8.5% (+$0.88) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($10.95, $10.8).
360miq.com/stockinfo?code=6969.HK
● LENOVO GROUP (0992) surged +9.2% (+$0.89), closed at $10.56, rose 4 days in a row, the best % gain in 7 months, also a 40-day high, rose +11.5% (+$1.09) for the week, rose 2 weeks in a row, crossed above MA50 ($9.74). The largest increase in volume today.
360miq.com/stockinfo?code=0992.HK
● GWMOTOR (2333) largely retreated -4.5% (-$0.62), closed at $13.28, the worst % loss in nearly 2 months, fell -4.6% (-$0.64) for the week after a 3-week winning streak, crossed below MA20 and MA50 ($13.48, $13.35). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=2333.HK
● NONGFU SPRING (9633) largely retreated -4.1% (-$1.45), closed at $33.85, fell -1.9% (-$0.65) for the week, fell 2 weeks in a row, crossed below MA20 ($35.23).
360miq.com/stockinfo?code=9633.HK