On Tuesday, the Hong Kong stock market surged across the board, boosting market expectations for February. As of the close, the Hang Seng Index increased by 2.83% to 20,789.96 points, reaching a high of 20,885.49 and a low of 20,297.64 during the session. At night, $HSI Futures Current Contract (HSIcurrent.HK)$it once approached the 21,000 point mark, ultimately closing at 20,971 points, up by 131 points or 0.63%, with high water at 181 points.

By the end of the trading session, the total market turnover was 161.875 billion Hong Kong dollars, with all callable bull/bear contractsBull and bear certificates.amounting to 16.243 billion Hong Kong dollars, accounting for 10% of the total market turnover, with good positions accounting for 5.4% and short positions 4.6%. The turnover for call warrants was 3.462 billion Hong Kong dollars, while the turnover for put warrants was 2.096 billion Hong Kong dollars; the turnover for bull certificates was 5.255 billion Hong Kong dollars, and for bear certificates was 5.43 billion Hong Kong dollars.

In terms of the Hang Seng Index's Capital Trend, there was a net Outflow of 0.16 billion Hong Kong dollars for good positions, while a net Inflow of 0.12 billion Hong Kong dollars was observed for short positions.

The top five stocks with Capital Inflow for good positions and the Index are: $HKEX (00388.HK)$ 、 $SMIC (00981.HK)$ 、 $Hang Seng TECH Index (800700.HK)$ 、 $MEITUAN-W (03690.HK)$、 $WUXI BIO (02269.HK)$  。

The top five stocks with Capital Trend inflow and Index are: $Hang Seng Index (800000.HK)$ 、 $TENCENT (00700.HK)$ 、 $MEITUAN-W (03690.HK)$ 、 $SMIC (00981.HK)$ 、 $HKEX (00388.HK)$ 。

Bull-Bear Street Position Ratio

As of February 5th, the latest bull-bear ratio of the Hang Seng Index is 59:41.

The data in the bull-bear certificate street goods distribution chart shows that the bear certificate heavy load area is in the range of 21000-21099, with the latest number of bear certificates in this range being 840, an increase of 695 compared to the previous trading day; the largest increase is also in this range.

The bull stock heavy goods area is in the range of 20200-20299, and the latest number of bull stocks in this range is 681, an increase of 681 compared to the previous trading day; the most added is also in this range.

Warrant Analysis

On Tuesday, the Hang Seng Index surged by nearly 3%, with several bull stocks doubling, among which $CT#HSI RC2509A.C (68640.HK)$ 、 $SG#HSI RC2709P.C (68217.HK)$ both rose nearly 120%.

In terms of individual stocks, $TENCENT (00700.HK)$ On Tuesday, the stock price surged over 4% and returned above 420 HKD, with several warrants soaring significantly, among which, $HSTENCT@EC2502A.C (27326.HK)$ skyrocketed by 500%, $MSTENCT@EC2502B.C (26968.HK)$ rose over 190%, $HUTENCT@EC2502A.C (26587.HK)$ 、 $CTTENCT@EC2502A.C (26619.HK)$ 、 $MSTENCT@EC2503D.C (27178.HK)$ 、 $JPTENCT@EC2502A.C (27376.HK)$ All doubled;

$MEITUAN-W (03690.HK)$ Increased nearly 6%, bull certificate $JP#MTUANRC2601B.C (66896.HK)$ 、 $SG#MTUANRC2512A.C (67370.HK)$ Increased by 175% and 133% respectively.

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

Major Banks' Perspectives

HSBC: Car stocks rise nearly 10%, well-positioned for deployment, pay attention to Ideal purchase. $HSLIAUT@EC2506A.C (29424.HK)$ / Xpeng purchase $HSXPENG@EC2505A.C (28853.HK)$ 。

Morgan Stanley: Xiaomi sets a new record high Market Cap, once exceeding 1 trillion Hong Kong dollars, pay attention to Xiaomi purchase. $JPXIAMI@EC2506D.C (13073.HK)$ / Sell $JPXIAMI@EP2509A.P (13318.HK)$ 。

Editor/Somer