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HKEX Market Update 2025-01-07

360MiQ 0

HSI fell -1.2% (-240 pts), closed at 19448 points, a 23-day low.

Among the 150 largest-cap stocks, 50 (33%) closed higher. 42% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4% to +1.2%. 9 sectors outperformed the market. Dragging by Communication and Technology, The market was down -1.2%; Basic Materials was up +1.2%, the best performer; Communication was down -4%, the worst performer.

● SMIC (0981) surged +5.1% (+$1.5), closed at $31.15, rose 3 days in a row. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=0981.HK

● CMOC (3993) jumped +4.4% (+$0.24), closed at $5.71, rose 4 days in a row, the best % gain in 2 months, crossed above MA20 ($5.51).
360miq.com/stockinfo?code=3993.HK

● TENCENT (0700) tanked -7.3% (-$29.8), closed at $379.6, fell 5 days in a row, the worst % loss in nearly 3 months, also a 74-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0700.HK

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

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