HSI largely rose +2.5% (+595 pts), closed at 24740.5703 points, rose 3 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 125 (83%) closed higher. 65% of all HKEX stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.3% to +3.6%. 5 sectors outperformed the market. The market was up +2.3%; Consumer Cyclical was up +3.6%, the best performer, reflecting an increasing risk appetite; Utilities was down -0.3%, but already the worst performer.
● BIDU (9888) surged +12.2% (+$11.25), closed at $103.3, rose 3 days in a row, the best % gain in 2 years, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=9888.HK
● WUXI APPTEC (2359) soared +10.5% (+$6.9), closed at $72.35, rose 3 days in a row, the best % gain in more than 5 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=2359.HK
● MIDEA GROUP (0300) soared +10% (+$7.3), closed at $80.2, a 44-day high, crossed above MA50 ($74.42).
360miq.com/stockinfo?code=0300.HK
● SMOORE INTL (6969) surged +9.6% (+$1.3), closed at $14.8, the best % gain in more than 1 month, also hit a YTD high.
360miq.com/stockinfo?code=6969.HK
● CHINA TOWER-NEW (0788) sank -6.9% (-$0.84), closed at $11.4, the worst % loss in more than 5 months, crossed below MA20 and MA50 ($11.67, $11.48). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=0788.HK
360miq.com/market?data=HKEX#tab-3
