Market Overview
On Thursday, the three major Hong Kong stock indexes traded narrowly throughout the day, closing at 20317.33 points, reaching a high of 20553.30 and a low of 20317.33 during the day. Overnight,$HSI Futures Current Contract (HSIcurrent.HK)$closing at 20432 points, up 82 points or 0.40%, with a high of 115 points.
As of the close, the total market turnover was 154.479 billion Hong Kong dollars, with all warrantsBull and bear certificatestotaling 14.824 billion Hong Kong dollars, accounting for 9.6% of the total market turnover, of which the market makers accounted for 5.6%, and the non-market makers accounted for 4%.
The turnover for call warrants was 4.447 billion Hong Kong dollars, and for put warrants it was 2.363 billion Hong Kong dollars; bull certificates trading volume was 4.223 billion Hong Kong dollars, and bear certificates trading volume was 3.791 billion Hong Kong dollars.
In terms of capital trend of Hang Seng Index, the inflow of good warehouse is 23 million Hong Kong dollars, while the outflow of light warehouse is 30 million Hong Kong dollars.
The top five stocks with inflow of funds into bull positions are:$TENCENT (00700.HK)$,$SMIC (00981.HK)$,$BYD COMPANY (01211.HK)$,$BABA-W (09988.HK)$,$GEELY AUTO (00175.HK)$.
The top five stocks and indices with bullish inflow of funds before light warehouse are:$Hang Seng Index (800000.HK)$,$TENCENT (00700.HK)$,$NASDAQ 100 Index (.NDX.US)$,$Nikkei 225 (.N225.JP)$,$Dow Jones Industrial Average (.DJI.US)$.
Bull bear street ratio
As of November 1st, the latest bull-bear street ratio of the Hang Seng Index is 60:40.
The data in the bull-bear certificate street distribution chart shows that the heavy bear positions in the bear certificate street are in the range of 21000-21099, with the latest number of bear certificates in this range being 733, an increase of 55 from the previous trading day; the most additions are in the range of 20700-20799, with the latest number of bear certificates in this range being 655, an increase of 265 from the previous trading day.
The heavy bull positions in the bull certificate street are in the range of 19900-19999, with the latest number of bull certificates in this range being 1456, a decrease of 167 from the previous trading day; the most additions are in the range of 19800-19899, with the latest number of bull certificates in this range being 438, an increase of 1 from the previous trading day.
Round certificate analysis
On Thursday, the three major Hong Kong stock indices closed slightly lower, with minimal fluctuations in related bull certificates and call warrants.$JP#HSI RC2710D.C (57987.HK)$Rose by 20%, with a transaction amount of nearly 0.1 million Hong Kong dollars.
In terms of individual stocks, the photovoltaic industry remains hot.$MB-FGG @EC2412A.C (23614.HK)$The strongest upward trend, with an increase of over 80%, same sector.$JP-GCL @EC2411A.C (25441.HK)$Also rose nearly 40%; network technology stocks$BP#TENCTRC2505H.C (57035.HK)$The second highest increase, up over 50%.
On the previous trading day, 40 bull and bear certificates were forcibly redeemed, while 13 warrants and 74 bull and bear certificates are listed today.
Major bank views
HSBC: Xiaomi's stock price rises to a more than 3-year high, it's good to pay attention to the bullish trend.$HS#XIAMIRC2506K.C (57753.HK)$, sell$HSXIAMI@EP2505B.P (27924.HK)$.
Morgan Stanley: Tencent falls below 410 yuan mark, capital has been flowing into Tencent for 5 consecutive trading days, it's a good opportunity to purchase Tencent stocks.$JPTENCT@EC2503B.C (25428.HK)$, sell$JPTENCT@EP2506A.P (27115.HK)$.
Editor/ping
