Market Overview
On Thursday, the Hang Seng Index closed sharply up 795 points, reaching a high of 19,954 and a low of 19,176, closing at 19,924. At night, the Hang Seng Index futures (September) continued to be strong, closing at 20,681 points, up 553 points or 2.75%, with a high of 756 points.
At the close, the market turnover was 302.8 billion Hong Kong dollars, all warrants.Bull and bear certificatesTotal turnover of 20.9 billion Hong Kong dollars, accounting for 6.9% of total market turnover, with a proportion of 3.8% for bull positions and 3.1% for bear positions.
The turnover of call warrants was 4.825 billion Hong Kong dollars, and the turnover of put warrants was 3.172 billion Hong Kong dollars; the turnover of bull warrants was 6.692 billion Hong Kong dollars, and the turnover of bear warrants was 6.199 billion Hong Kong dollars.
As for the capital trend of the Hang Seng Index, light cargos had a net inflow of 71 million Hong Kong dollars, while good cargos had a net inflow of 4.8 million Hong Kong dollars.
The top five stocks with inflow of funds into bull positions are:$HKEX (00388.HK)$ 、 $BYD COMPANY (01211.HK)$Please use your Futubull account to access the feature.$XIAOMI-W (01810.HK)$N/A.$CHINA MOBILE (00941.HK)$and$SMIC (00981.HK)$.
The top five stocks with inflow of idle funds are: $Hang Seng Index (800000.HK)$Please use your Futubull account to access the feature.$TENCENT (00700.HK)$Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$Please use your Futubull account to access the feature.$BABA-W (09988.HK)$Please use your Futubull account to access the feature.$HKEX (00388.HK)$.
Bull bear street ratio
As of September 27, the latest bull and bear ratio of the Hang Seng Index is 64:36.
The data in the bull and bear certificate market distribution chart shows that the heavy bear certificate area is in the 20,000-20,099 range. The latest number of bear certificates in this range is 638, a decrease of 84 from the previous trading session; the highest increase is in the 20,500-20,599 range, with the latest number of bear certificates in this range being 360, an increase of 234 from the previous trading session.
The heavy bull certificate area in the bull certificate market is in the 18,200-18,299 range. The latest number of bull certificates in this range is 586, a decrease of 468 from the previous trading day; the highest increase is in the 18,300-18,399 range, with the latest number of bull certificates in this range being 509, an increase of 509 from the previous trading day.
Round certificate analysis
Hang Seng Index opened higher and continued to rise. Multiple call warrants surged and doubled in value yesterday. Among them,$JP-HSI @EC2411F.C (25364.HK)$ recorded the highest increase, reaching 1.56 times, with a trading volume exceeding 80 million Hong Kong dollars.
In terms of individual stocks, $CHINA RES LAND (01109.HK)$ Yesterday, it soared by over 21%, with many call warrants making significant profits. The highest increase was in $JP-CRL @EC2412A.C (26461.HK)$ The volume surged more than 8 times; alibaba soared more than 7%, with a cumulative increase of more than 12% in three days, along with its warrants $HUALIBA@EC2411A.C (25467.HK)$ Also surged 5.5 times.
175 bull and bear certificates were forcibly redeemed on the previous trading day, and 47 warrants and 226 bull and bear certificates are listed today.
Major bank views
Morgan Stanley: Hong Kong stock trading activity is picking up, with Wednesday's trading volume reaching the highest since March 2022, pay attention to $HKEX (00388.HK)$.
Credit Suisse: Wednesday $CHINA LIFE (02628.HK)$ and $ICBC (01398.HK)$ Stock prices have risen for 9 consecutive days, as the People's Bank of China announced measures such as interest rate cuts and reserve requirement reductions to stimulate the economy. Keep an eye on China Life Insurance and Industrial and Commercial Bank of China.
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