The Daily Bull and Bear

Daily Bull and Bear | The Hang Seng Index night futures rose slightly, with bear certificates betting continuing to increase at 20,300 points; Morgan Stanley: This week's Hong Kong stock warrants deployment needs to consider time value decay.

Futu News · Dec 24 08:46

周一港股拉升反弹，恒指收涨近1%报19883点，盘中高见19937，低见19746。夜晚$恒指当月期货 (HSIcurrent.HK)$收报19924点，上涨28点或0.14%，高水41点。

截至收市，大市成交1273亿港元，所有窝轮牛熊证合计成交92亿港元，占大市成交7.2%，其中好仓占比4.4%，淡仓占比2.9%。此外，所有窝轮牛熊证资金净流入3.87亿港元。

认购证成交27亿港元，认沽证成交10亿港元；牛证成交28亿港元，熊证成交25亿港元。

恒生指数资金流向方面，好仓净流出2100万港元，淡仓净流入200万港元。

好仓资金流入前五正股与指数分别是： $美团-W (03690.HK)$ 、 $腾讯控股 (00700.HK)$ 、 $舜宇光学科技 (02382.HK)$ 、 $阿里巴巴-W (09988.HK)$ 、 $香港交易所 (00388.HK)$ 。

淡仓资金流入前五正股与指数分别是： $纳斯达克综合指数 (.IXIC.US)$ 、 $恒生指数 (800000.HK)$ 、 $中芯国际 (00981.HK)$ 、 $百度集团-SW (09888.HK)$ 、国企指数 $国企指数 (800100.HK)$ 。

牛熊街货比例

截至12月24日，恒指最新的牛熊街货比例为62:38。

牛熊证街货分布图中的数据显示，熊证街货重货区在20300-20399区间，该区间最新熊证数量为619张，较上一交易日增加52张；最多新增在20000-20099区间，该区间最新熊证数量为217张，较上一交易日增加121张。

牛证街货重货区和最多新增均在19500-19599区间，该区间最新牛证数量为1364张，较上一交易日增加103张。

轮证分析

恒指走高，多张牛证均交投火热，其中 $恒指法兴七十牛U.C (64706.HK)$ 升幅超63%，成交量近1亿张，盘中振幅一度达到121%。

上周五美股反弹明显，主要指数、英伟达等相关牛证纷纷大涨，升幅最高的为道指牛证$道指法兴五六牛B.C (49926.HK)$大赚超144%；另外，港股市场部分个股表现亮眼， $百度集团-SW (09888.HK)$ 升超3%，一牛证 $百度瑞银五七牛A.C (63408.HK)$ 翻倍大涨； $工商银行 (01398.HK)$ 升近5%，多张牛证赚超七成。

点击查看牛熊证新手懒人包 >>

大行观点

摩通：港股今日半日市及周三、周四圣诞假期休市，如投资者以窝轮部署需留意时间值损耗。

摩通：腾讯上周五录得超过28亿元北水资金净流入，市场憧憬集团AI发展前景，留意 $腾讯摩通五四购E.C (28967.HK)$ / $腾讯摩通五四沽B.P (28044.HK)$ 。

汇丰：内银股建行及工行双双升至3年半高位，看好可留意 $建行汇丰五四购A.C (28307.HK)$ / $工行汇丰五七购A.C (25444.HK)$ 。

编辑/new

On Monday, Hong Kong stocks rebounded, with the Hang Seng Index closing up nearly 1% at 19,883 points, reaching a high of 19,937 and a low of 19,746 during the session. At night,$HSI Futures Current Contract (HSIcurrent.HK)$it closed at 19,924 points, up 28 points or 0.14%, with a high premium of 41 points.

By the end of trading, the total market turnover was 127.3 billion Hong Kong dollars, with all warrants.Bull and bear certificates.The total turnover was 9.2 billion Hong Kong dollars, accounting for 7.2% of the market turnover, with long positions accounting for 4.4% and short positions accounting for 2.9%. In addition, the net inflow of funds into all warrants and structured certificates was 0.387 billion Hong Kong dollars.

The turnover of call warrants was 2.7 billion HKD, while put warrants totaled 1 billion HKD; bull certificates saw a turnover of 2.8 billion HKD, and bear certificates recorded 2.5 billion HKD.

Regarding the capital trend of the Hang Seng Index, there was a net outflow of 21 million HKD for long positions and a net inflow of 2 million HKD for short positions.

The top five positive stocks and indices in terms of net inflow into bull positions are: $MEITUAN-W (03690.HK)$ 、 $TENCENT (00700.HK)$ 、 $SUNNY OPTICAL (02382.HK)$ 、 $BABA-W (09988.HK)$ 、 $HKEX (00388.HK)$ 。

The top five stocks and indices for the inflow of light warehouse funds are respectively: $Nasdaq Composite Index (.IXIC.US)$ 、 $Hang Seng Index (800000.HK)$ 、 $SMIC (00981.HK)$ 、 $BIDU-SW (09888.HK)$ Hang Seng China Enterprises Index $Hang Seng China Enterprises Index (800100.HK)$ 。

Bull-Bear Street Position Ratio

As of December 24, the latest bull-bear street position ratio of the Hang Seng Index is 62:38.

The data shown in the bear certificate street position distribution chart indicates that the heavy load area for bear certificates is in the range of 20300-20399, with the latest number of bear certificates in this range being 619, an increase of 52 compared to the previous trading day; the most significant increase was in the 20000-20099 range, where the latest number of bear certificates is 217, an increase of 121 compared to the previous trading day.

The heavy load area and the most significant increase for bull certificates are both in the range of 19500-19599, with the latest number of bull certificates in this range being 1364, an increase of 103 compared to the previous trading day.

Warrant Analysis

The Hang Seng Index is rising, with several bull certificates trading actively, among which $SG#HSI RC2710U.C (64706.HK)$ the increase exceeded 63%, with a Volume of nearly 0.1 billion contracts, and the intraday volatility reached 121% at one point.

Last Friday, US stocks rebounded significantly, with major indices and relevant bull certificates like NVIDIA soaring, with the highest increase being the Dow Jones bull certificate.$SG#DJIA RC2506B.C (49926.HK)$which made over 144% profit; in addition, some individual stocks in the Hong Kong stock market performed remarkably, $BIDU-SW (09888.HK)$ Increased by over 3%, bullish certificate. $UB#BAIDURC2507A.C (63408.HK)$ Doubled and surged. $ICBC (01398.HK)$ Increased by nearly 5%, multiple bullish certificates earned over 70%.

Click to viewNewbie's guide to Bull and Bear Certificates >>

Major Banks' Perspectives

Morgan Stanley: The Hong Kong stock market is open for a half day today and will be closed for the Christmas holidays on Wednesday and Thursday. Investors should be aware of time value decay if deploying with warrants.

Morgan Stanley: TENCENT recorded a net inflow of over 2.8 billion yuan from Northbound funds last Friday, as the market anticipates the group's AI development prospects, keep an eye on. $JPTENCT@EC2504E.C (28967.HK)$ / $JPTENCT@EP2504B.P (28044.HK)$ 。

HSBC: China Mainland Banking stocks, China Construction Bank and Industrial And Commercial Bank Of China, both rose to a three-and-a-half-year high, Bullish outlook. $HS-CCB @EC2504A.C (28307.HK)$ / $HS-ICBC@EC2507A.C (25444.HK)$ 。

Editor/new

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