Market Overview
On Tuesday, the Hang Seng Index surged, closing at 21,006.97 points, with a high of 21,006.97 and a low of 20,409.94 during the session. Overnight,$HSI Futures Current Contract (HSIcurrent.HK)$closing at 20,962 points, a decrease of 33 points or 0.16%, hitting a low of 45 points.
As of the close, the market turnover was 169.91 billion Hong Kong dollars, with a total turnover of 17.148 billion Hong Kong dollars for all bull and bear warrants, accounting for 10.1% of the market turnover. Good warrants accounted for 5.8%, while bear warrants accounted for 4.3%.
Call warrants traded 5.172 billion Hong Kong dollars, put warrants traded 2.401 billion Hong Kong dollars; bull warrants traded 4.641 billion Hong Kong dollars, bear warrants traded 4.934 billion Hong Kong dollars.
In terms of capital flow of the Hang Seng Index, there was a net outflow of 67 million Hong Kong dollars from good warrants and a net inflow of 78 million Hong Kong dollars to bear warrants.
The top five stocks with inflow of funds into bull positions are:$HKEX (00388.HK)$,$BABA-W (09988.HK)$,$PING AN (02318.HK)$,$SMIC (00981.HK)$,$CHINA MOBILE (00941.HK)$.
The top five stocks and indices with bullish inflow of funds before light warehouse are:$Hang Seng Index (800000.HK)$,$HKEX (00388.HK)$,$MEITUAN-W (03690.HK)$,$TENCENT (00700.HK)$,$KUAISHOU-W (01024.HK)$.
Bull bear street ratio
As of November 6, the latest bull-bear ratio of the Hang Seng Index is 64:36.
The data in the bull and bear certificate street cargo distribution map shows that the heavy cargo area and the largest new additions are in the range of 21100-21199. The latest number of bear certificates in this range is 705, an increase of 358 from the previous trading day.
The heavy goods area of Cattle Certificate Street is in the range of 19,900-19,999. The latest number of cattle certificates in this range is 925, a decrease of 314 from the previous trading day; the most new ones are in the range of 20,400-20,499. The latest number of cattle certificates in this range is 361, an increase of 312 from the previous trading day.
Round certificate analysis
On Tuesday, the Hang Seng Index showed a pleasing upward trend, with corresponding increases in the margins of related cattle certificates, among which,$SG#HSI RC2710L.C (58460.HK)$,$CT#HSI RC2509M.C (58330.HK)$both increased by more than 2 times, with turnover exceeding 64 million and 37 million Hong Kong dollars respectively.
In terms of individual stocks, according to reports, Apple plans to enter the smart glasses market, a concept stock$SUNNY OPTICAL (02382.HK)$Yesterday, it rose more than 14%, call option.$DS-SUNY@EC2501A.C (26182.HK)$Earning over 1.5 times; Kwai International version Kwai Shop officially announced the launch of e-commerce platform in Brazil.$KUAISHOU-W (01024.HK)$Yesterday, it rose more than 10%, call option.$DSKUASO@EC2412A.C (25648.HK)$Earning nearly 1.4 times.
130 bull and bear certificates were forcibly redeemed on the last trading day, while 21 warrants and 102 bull and bear certificates were listed today.
Major bank views
HSBC: The strong performance of HKEX yesterday is noteworthy for bulls.$HS-HKEX@EC2504B.C (28084.HK)$, the most active in trading$HS-HKEX@EP2503B.P (28451.HK)$.
Morgan Stanley: Uncertainties from overseas increasing, investors should consider controlling the risk of redeeming bull and bear certificate products, Hang Seng Index bulls.$JP#HSI RC2711C.C (56913.HK)$ , Bear$JP#HSI RP2712T.P (56721.HK)$.
Editor/ping