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HKEX Market Update 2025-01-08

360MiQ 0

HSI fell -0.9% (-168 pts), closed at 19280 points, fell 3 days in a row, a 27-day low.

Among the 150 largest-cap stocks, 35 (23%) closed higher. Only 28% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.2% to -3%. 5 sectors outperformed the market. The market was down -1%; Financial was down -0.2%, but already the best performer; Technology was down -3%, the worst performer.

● WEICHAI POWER (2338) spiked +11.2% (+$1.34), closed at $13.34, the best % gain in more than 5 months, also a 61-day high, crossed above MA250 ($12.91). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=2338.HK

● SINOTRUK (3808) soared +8.4% (+$1.85), closed at $23.95, the best % gain in more than 5 months, also a 62-day high, crossed above MA20 ($22.47).
360miq.com/stockinfo?code=3808.HK

● SUNNY OPTICAL (2382) plunged -7.6% (-$5.1), closed at $62.15, the worst % loss in 3 months, also a 25-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2382.HK

● NIO (9866) tumbled -7.1% (-$2.6), closed at $33.8, the worst % loss in nearly 3 months, also an 82-day low, crossed below MA20 ($35.66).
360miq.com/stockinfo?code=9866.HK

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

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