Last Friday, the Hong Kong stock market opened lower and continued to decline, ultimately falling below the 20,000 point mark. At the close, the Hang Seng Index dropped 2.09% to 19,971 points, with an intra-day high of 20,238 and a low of 19,927. Last Friday night, $HSI Futures Current Contract (HSIcurrent.HK)$it closed at 19,965 points, down 57 points or 0.285%, 6 points below the previous close.
At the close, the total market turnover was 158.477 billion Hong Kong dollars, with all warrants Bull and bear certificates.having a total turnover of 13.277 billion Hong Kong dollars, accounting for 8.4% of the total market turnover, with long positions making up 5.9% and short positions accounting for 2.5%. Additionally, all warrants Bull and bear certificates.had a net outflow of 2.58 Hong Kong dollars.
The subscription certificates traded for 4.57 billion HKD, the put certificates traded for 1.248 billion HKD; the call certificates traded for 4.728 billion HKD, and the bear certificates traded for 2.73 billion HKD.
Regarding the Capital Trend of the Hang Seng Index, net inflow for long positions was 59 million HKD, while net outflow for short positions was 39 million HKD.
The top five positive stocks and indices in terms of net inflow into bull positions are: $Hang Seng Index (800000.HK)$ 、 $TENCENT (00700.HK)$ $AIA (01299.HK)$ 、 $BYD COMPANY (01211.HK)$ 、 $MEITUAN-W (03690.HK)$ 。
The top five stocks and indices for the inflow of light warehouse funds are respectively: $HKEX (00388.HK)$ 、 $PETROCHINA (00857.HK)$ 、 $S&P 500 Index (.SPX.US)$ 、 $SUNNY OPTICAL (02382.HK)$ 、 $Nikkei 225 (.N225.JP)$ 。
Bull-Bear Street Position Ratio
As of December 14, the latest bull-bear stock ratio of the Hang Seng Index is 68:32. Bull certificates are retreating while bear certificates have significantly increased.
The data from the bull-bear certificate distribution chart shows that the heavy area for bear certificates is in the range of 21100 - 21199, with the latest number of bear certificates being 727, a decrease of 210 compared to the previous trading day; the most newly added is in the range of 20300 - 20399, with the latest number of bear certificates being 428, an increase of 428 compared to the previous trading day.
The heavy area for bull certificates is in the range of 19000 - 19099, with the latest number of bull certificates being 903, an increase of 96 compared to the previous trading day; the most newly added is in the range of 19500 - 19599, with the latest number of bull certificates being 752, an increase of 167 compared to the previous trading day.
Warrant Analysis
Last Friday, the Hang Seng Index opened lower and continued to fall, ultimately breaking through the 20,000 threshold. The most profitable three bear certificates of the Hang Seng Index are $HU#HSI RP2704I.P (63286.HK)$ 、 $MS#HSI RP27129.P (63291.HK)$ 、 $CT#HSI RP2604B.P (63564.HK)$ ；
The top three rounds of transactions are $JP#HSI RC2711G.C (63219.HK)$ 、 $SG#HSI RC27098.C (63460.HK)$ 、 $UB#HSI RC2711P.C (63207.HK)$ , with a total turnover exceeding 0.3 billion Hong Kong dollars.
In terms of individual stocks, $TRIP.COM-S (09961.HK)$ Last Friday, it fell nearly 3%, and there were bear certificates. $UB#TRIP RP2708A.P (54436.HK)$ doubled and closed higher; $PA GOODDOCTOR (01833.HK)$ In defiance of the market, it surged by 13%, and the subscription certificate rose by 50%.
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Major Banks' Perspectives
HSBC: Before the long holiday $CATHAY PAC AIR (00293.HK)$ Stocks are soaring against the market trend, with expectations for the stock price to potentially break the 10 yuan mark; slight out-of-the-money purchases can be considered. $HSCPAIR@EC2504A.C (24833.HK)$ 。
JPMorgan: The US Federal Reserve, Bank of England, and Bank of Japan will all hold meetings this week, which may impact global stocks, currencies, and bond markets. Super Central Bank Week has arrived, capturing currency market fluctuations can refer to European and American purchases. $JPEURUS@EC2503A.C (10411.HK)$ / Sell $JPEURUS@EP2503A.P (10413.HK)$; Japan-Hong Kong purchase $JPYENHK@EC2505A.C (10446.HK)$ / Sell $JPYENHK@EP2503A.P (10226.HK)$ 。
Editor/Rocky