Market Overview
Last Friday, the Hang Seng Index fluctuated throughout the day, closing up 0.93% at 20506.43 points, reaching a high of 20667.22 and a low of 20353.34. Overnight,$HSI Futures Current Contract (HSIcurrent.HK)$closing at 20490 points, down 41 points or 0.205%, with a low of 16 points.
As of the market close, the total market turnover was 141.483 billion Hong Kong dollars, with a total turnover of 15.226 billion Hong Kong dollars for all Warrants Bull Bear Certificates, accounting for 10.8% of the total market turnover. Among them, the Bullish position accounts for 6.0%, while the Bearish position accounts for 4.7%.
The turnover of Call Warrants is 4.272 billion Hong Kong dollars, while the turnover of Put Warrants is 2.717 billion Hong Kong dollars; Bull Warrants turnover is 4.257 billion Hong Kong dollars, and Bear Warrants turnover is 3.979 billion Hong Kong dollars.
In terms of the Hang Seng Index capital trend, the Bullish position experienced a net outflow of 46 million Hong Kong dollars, while the Bearish position had a net outflow of 9.2 million Hong Kong dollars.
The top five positive stocks and indices in terms of capital inflows for good warehouses are:$BABA-W (09988.HK)$,$BYD COMPANY (01211.HK)$,$GEELY AUTO (00175.HK)$,$Hang Seng TECH Index (800700.HK)$,$SPDR Gold Trust (02840.HK)$.
The top five stocks with net inflow in light positions are:$TENCENT (00700.HK)$,$MEITUAN-W (03690.HK)$,$XIAOMI-W (01810.HK)$,$SMIC (00981.HK)$,$CCB (00939.HK)$.
Bull bear street ratio
As of November 2, the latest bull and bear ratio of the Hang Seng Index is 60:40.
The data in the bull and bear certificate distribution chart shows that the heavy bear zone in the 21,000-21,099 range has 706 latest bear certificates, a decrease of 26 from the previous trading day; the most new ones are in the 20,800-20,899 range, with 220 latest bear certificates, an increase of 52 from the previous trading day.
The heavy trading zone for cattle certificates on Niuzheng Street is in the range of 19900-19999, with the latest number of cattle certificates in this range being 1250, a decrease of 206 from the previous trading day; the most newly added ones are in the range of 20300-20399, with the latest number of cattle certificates in this range being 74, an increase of 74 from the previous trading day.
Round certificate analysis
Last Friday, the Hang Seng Index fell at midday but ultimately closed higher, with the Bull certificates performing well.$HS#HSI RC2711C.C (57458.HK)$Rising by more than 70%, with a trading volume exceeding 40 million Hong Kong dollars;$HS#HSI RC2710U.C (58104.HK)$Rising by nearly 70%, with a trading volume exceeding 12 million Hong Kong dollars.
In terms of individual stocks,$TENCENT (00700.HK)$Last Friday, with a large trading volume, it surged 3.6%, many bull certificates also surged together,$UB#TENCTRC2507Z.C (56241.HK)$rise over 200%,$SG#TENCTRC2506G.C (51482.HK)$surging gambling stocks,$SANDS CHINA LTD (01928.HK)$with pleasing third-quarter performance,$MSSANDS@EC2411A.C (24952.HK)$Increased by nearly 130%.
39 bull and bear certificates were forcibly redeemed on the previous trading day, while 17 warrants and 112 bull and bear certificates were listed today.
Major bank views
HSBC: Alibaba's performance is the most backward, pay attention to buying after falling behind$HSALIBA@EC2504B.C (28716.HK)$, consider selling with light positions$HSALIBA@EP2509A.P (27755.HK)$.
Morgan: Apple's sales in the mainland market are declining, putting pressure on the stock price during extended trading hours, UBS Group Purchase.$JP-AAC @EC2502A.C (26956.HK)$, sell$JP-AAC @EP2502A.P (26264.HK)$, Shun Guang Purchase$JP-SUNY@EC2506A.C (23251.HK)$, sell$JP-SUNY@EP2506A.P (25841.HK)$.
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