HSI largely rose +1.9% (+365 pts), closed at 20066 points, the best % gain in more than 1 month, rose +2.5% (+482 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 125 (83%) closed higher. 67% of all HKEX stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +5.5%. 4 sectors outperformed the market. The market was up +1.6%; Technology was up +5.5%, the best performer, reflecting an increasing risk appetite; Energy remained unchanged, but already the worst performer.
● ZTE (0763) largely rebounded +9% (+$2.45), closed at $29.55, a 375-day high, rose +15% (+$3.85) for the week, rose 3 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=0763.HK
● SUNNY OPTICAL (2382) largely rebounded +8% (+$5.4), closed at $73, the best % gain in more than 2 months, also a 271-day high, rose +16.1% (+$10.15) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=2382.HK
● TSINGTAO BREW (0168) largely fell -2.6% (-$1.35), closed at $50.05, fell 4 days in a row, a 32-day low, fell -4.8% (-$2.5) for the week, crossed below MA250 ($50.77). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=0168.HK