Market Overview
On Monday, Eli Lilly and Co said it will acquire Morphic Therapeutic for $57 a share to gain experimental treatments for inflammatory bowel disease and other chronic conditions. The price was a 79% premium over last Friday's closing price, and Morphic's stock rose 75% to close. $Hang Seng Index (800000.HK)$The high is 23241.74, the low is 22719.91, and the closing is 23099.78. At night, the Hang Seng Index Futures (October) closed at 23169 points, down 25 points or 0.108%, with the highest at 69 points.
At the close, the market turnover was 296.835 billion Hong Kong dollars, all warrants.Bull and bear certificatesTotal turnover of 16.952 billion Hong Kong dollars, accounting for 5.7% of market turnover, with a proportion of 3.2% for bull positions and 2.5% for bear positions.
The turnover of subscription warrants was 3.269 billion Hong Kong dollars, while the turnover of put warrants was 2.123 billion Hong Kong dollars; the turnover of bull warrants was 6.32 billion Hong Kong dollars, and the turnover of bear warrants was 5.239 billion Hong Kong dollars.
In terms of capital trend of Hang Seng Index, Bullish position has a net inflow of 88 million Hong Kong dollars, while Bearish position has a net inflow of 44 million Hong Kong dollars.
The top four main stocks with inflow of capital into Bullish position are:$CHINA LIFE (02628.HK)$,$PING AN (02318.HK)$,$BABA-W (09988.HK)$,$ICBC (01398.HK)$.
The top four main stocks with inflow of funds in bearish positions are as follows:$MEITUAN-W (03690.HK)$,$HKEX (00388.HK)$,$BABA-W (09988.HK)$,$TENCENT (00700.HK)$.
Bull bear street ratio
As of October 8, the latest bull-bear street ratio of the Hang Seng Index is 79:21.
The data in the bull and bear certificate street cargo distribution chart shows that the heavy cargo area and the largest increase in bear certificates are in the range of 23200-23299, with the latest bear certificate quantity in this range being 457, an increase of 271 from the previous trading day.
The heavy cargo area and the largest increase in bull certificates in the range of 22400-22499, with the latest quantity of bull certificates in this range being 1744, an increase of 1744 from the previous trading day.
Round certificate analysis
Hang Seng Index rose all day yesterday, breaking through the 0.02 million3 level, with a significant increase. The bull certificates with a recovery price near 21,000 points saw a 20% increase. $JP#HSI RC2708Q.C (52597.HK)$,$CI#HSI RC2805L.C (52489.HK)$,$JP#HSI RC2708P.C (52594.HK)$Increased by nearly 30%.
In terms of individual stocks,$FOSUN PHARMA (02196.HK)$,$MENGNIU DAIRY (02319.HK)$分别上涨15.44%，3.84%，认购证$UBFOPHA@EC2410A.C (22938.HK)$and$MB-MNIU@EC2411A.C (22512.HK)$分别壕赚10.3倍与7倍。
On the previous trading day, 181 bull and bear certificates were forcibly redeemed, while 71 warrants and 253 bull and bear certificates were listed today.
Major bank views
HSBC: Hengqiao Index approached the 5500 level to reach a two-year high in the morning yesterday, but turned bearish with attention to 5800, far away from 52856;$AIA (01299.HK)$Falling against the market by more than 3%, be prepared to pay attention to bullish 53015, short 22277 .
Credit Suisse: The Hang Seng Index soared with a surge in trading volume, focusing on the resumption of trading in the mainland on Tuesday.$SMIC (00981.HK)$.
Editor/ping
