HSI plummeted -13.2% (-3022 pts), closed at 19828.3 points, fell 3 days in a row, the worst % loss in more than 328 months, also a 47-day low, crossed below MA50 (22647 pts).
Among the 150 largest-cap stocks, 0 (0%) closed higher. Only 5% of all HKEX stocks ended higher, the least in 2 years.
In terms of sectors, all sectors were down with losses from -5.3% to -19.8%. 6 sectors outperformed the market. The market slumped -12.9%; Utilities was down -5.3%, but already the best performer, reflecting a decreasing risk appetite; Technology slumped -19.8%, the worst performer.
● WUXI XDC (2268) tanked -27.6% (-$11.35), closed at $29.8, fell 3 days in a row, the worst % loss in more than 67 months, also a 35-day low, crossed below MA20 and MA50 ($40.85, $35.28). The worst performer but with average volume.
360miq.com/stockinfo?code=2268.HK
● FAST RETAIL-DRS (6288) sank -8.6% (-$1.95), closed at $20.85, the worst % loss in more than 107 months, also hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=6288.HK
● WUXI BIO (2269) plummeted -26.4% (-$6.57), closed at $18.28, fell 4 days in a row, a 46-day low, crossed below MA50 ($23.38).
360miq.com/stockinfo?code=2269.HK
● AKESO (9926) tanked -24.6% (-$21.15), closed at $64.75, a 30-day low, crossed below MA20 and MA50 ($72.84, $68.24).
360miq.com/stockinfo?code=9926.HK
● LEAPMOTOR (9863) plunged -24.6% (-$13.65), closed at $41.8, crossed below MA20 ($49.41).
360miq.com/stockinfo?code=9863.HK
360miq.com/market?data=HKEX#tab-3
