On Wednesday, Hong Kong stocks warmed up, with the Hang Seng Index at one point rising to challenge the 20,000-point threshold, ultimately closing up 0.83% at 19,864 points, reaching a high of 19,953 and a low of 19,802 during the session. At night,$HSI Futures Current Contract (HSIcurrent.HK)$it closed at 19,873 points, down 8 points or 0.04%, with a premium of 8 points.
As of the market close, the total market turnover was 107.5 billion HKD, with all warrants and callable bull/bear contracts totaling 9.5 billion HKD, accounting for 8.9% of the total market turnover, among which good positions accounted for 5.1% and short positions accounted for 3.7%. In addition, the net capital outflow from all warrants and callable bull/bear contracts was 0.453 billion HKD.
The turnover of call warrants was 2.915 billion HKD, while the turnover of put warrants was 1.855 billion HKD; the turnover of bull warrants was 2.616 billion HKD, and the turnover of bear warrants was 2.133 billion HKD.
In terms of capital flow for the Hang Seng Index, there was a net outflow of 45 million HKD from good positions and a net inflow of 9.8 million HKD into short positions.
The top five positive stocks and indices in terms of net inflow into bull positions are: $HKEX (00388.HK)$ 、 $GEELY AUTO (00175.HK)$ 、 $BABA-W (09988.HK)$ 、 $XIAOMI-W (01810.HK)$ 、 $Hang Seng TECH Index (800700.HK)$ 。
The top five stocks and indices for the inflow of light warehouse funds are respectively: $Hang Seng Index (800000.HK)$ 、 $MEITUAN-W (03690.HK)$ 、 $HKEX (00388.HK)$ 、 $Nasdaq Composite Index (.IXIC.US)$ 、 $BYD COMPANY (01211.HK)$ 。
Bull-Bear Street Position Ratio
As of December 19, the latest bull-bear street load ratio of the Hang Seng Index is 61:39.
The data in the bear certificate street load distribution chart shows that the heavy load area for bear certificates is in the Range of 20100-20199, with the latest number of bear certificates in this Range being 620, a decrease of 107 compared to the previous trading day; the most added was in the Range of 19900-19999, with the latest number of bear certificates in this Range being 102, an increase of 102 compared to the previous trading day.
The heavy load area for bull certificates is in the Range of 19000-19099, with the latest number of bull certificates in this Range being 1026, a decrease of 176 compared to the previous trading day; the most added was in the Range of 19600-19699, with the latest number of bull certificates in this Range being 653, an increase of 239 compared to the previous trading day.
Warrant Analysis
The Hang Seng Index rebounded yesterday, with several Hang Seng Index bull warrants showing high increases, including $JP#HSI RC2710D.C (64018.HK)$ reaching a profit of about 50%, $UB#HSI RC2710B.C (63069.HK)$ had the highest trading volume, reaching 0.329 billion HKD.
In terms of individual stocks, driven by market cap management news, the centrally-governed valuation concept rebounded collectively, among which $CHINA COMM CONS (01800.HK)$ Up over 4%, related warrants for the stock. $SGCCCCL@EC2412A.C (14731.HK)$ Rise of over 122%; XIAOMI rebounded about 3% leading the Network Technology stocks, a bull warrant. $JP#XIAMIRC2512D.C (63370.HK)$ Earned about 80%, with a trading volume exceeding 0.73 million Hong Kong dollars.
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Major Banks' Perspectives
HSBC: The Hang Seng Index opened higher but encountered resistance again near yesterday's high of 19,930 points. Attention can be given to the deployment of the Range. $HS#HSI RC27072.C (62994.HK)$ / $HS#HSI RP2604W.P (64283.HK)$ The State-owned Assets Supervision and Administration Commission announced opinions on improving and strengthening the management of state-owned enterprises, being Bullish on several 'Chinese Character Shares' to pay attention to. $HS-CMOB@EC2506A.C (26902.HK)$ / $HSCLIFE@EC2505B.C (29115.HK)$ 。
JPMorgan: CHINAHONGQIAO issued a profit warning, expected net profit for the year to increase by 95% year-on-year, pay attention. $JP-CHQG@EC2502A.C (26939.HK)$ 。
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