Market summary

Futu News on Aug. 10, the Hang Seng Index fluctuated throughout the day today, closing down 0.63% at 24377.43 points and the national index down 0.72% at 9990.67 points. The main board had a turnover of HK $135.283 billion throughout the day, down from the previous trading day.

窝Total transaction of wheeled bull and bear certificate

Today, the total turnover of Wharf was HK $11.892 billion, including HK $9.371 billion for subscription certificates and HK $2.417 billion for sell certificates.

The total turnover of the CBBC was HK $12.036 billion, including HK $5.925 billion for the CBBC and HK $6.1 billion for the Bear Certificate.

All the CBBCs totaled HK $23.928 billion, accounting for 18.332% of the market turnover.

Top Ten Trading list

Among the nearly 13000 CBBCs, Hang Seng Index Bear ranked first with a turnover of HK $1.047 billion in 63401, followed by HK $731 million in HSI Bull 57490 and HK $532 million in Hang Seng Index Bear.

In addition, a total of 14 nests had a turnover of more than HK $300 million today.

List of the top ten increases

Among the top 10 gains, Tencent's sales rose 300% by 22204, followed by 290% of Galaxy's 28055 and 185% of Galaxy's 22861.

In addition, there are eight nest wheel CBBCs with an increase of more than 100% (including 100%) today.

Top Ten drop list

In today's decline list, Galaxy Bear 56292 fell 71%, followed by traditional Chinese medicine purchase 21199 fell 65.52%, Kunneng purchase 23103 fell 65.38%.

In addition, a total of five wheel certificates fell by more than 60% today.

It is worth noting that today, large foreign banks are bearish on Semiconductor Manufacturing International Corporation, Nomura raised Semiconductor Manufacturing International Corporation's target price to HK $26, and its rating was downgraded to "underweight". Daiwa raised Semiconductor Manufacturing International Corporation's target price to HK $15.50 to maintain its "sell" investment rating. Xiaomo raised Semiconductor Manufacturing International Corporation's target price to HK $20 to maintain a "reduced" investment rating. As a result, 4 Semiconductor Manufacturing International Corporation cattle fell by more than 50% (including 50%).

Hot spot of market

Yi Gang, governor of the people's Bank of China, said in an interview with CCTV News Relativity that the biggest challenge in the second half of the year is how to accurately drip irrigation into the real economy. The support of the real economy must focus on small and medium-sized enterprises, especially small and micro enterprises. In the second half of the year, the people's Bank of China has two precise support policies, one is to extend loans to small and micro enterprises until the end of March next year, and the other is to support the issuance of credit loans to small and micro enterprises. This year's goal is to enable accounts receivable financing to provide 800 billion financing for small and micro enterprises, which has now provided more than 5700 billion.

Fortune magazine has just released a list of the world's top 500 in 2020. China Petroleum & Chemical Corp remained in second place, State Grid rose to third, Petrochina Company Limited ranked fourth, and Shell fell to fifth. The most striking change in this year's ranking is undoubtedly the historic leap forward made by Chinese mainland & Johnson: this year, the number of Chinese companies in the world's top 500 exceeds that of the United States.

Big line point of view

Credit Suisse: Hang Seng Index loses another 24500 points, pay attention to Hang Seng Index Bull 58361 and Bear 62710

The decline of the Hang Seng Index continued on Monday, with the Hang Seng Index falling more than 200 points to a close of 24300 points for three consecutive trading days. Short-term support reference 24000 gate, 25000 or has been built for resistance.

Hong Kong stocks once again lost 24500 points, wait and see to rebound, be optimistic to pay attention to the Hang Seng Index Bull Certificate 58361, recovery price 24000 points, exercise price 23900 points, leverage ratio about 54.3 times, exchange ratio 10000. Or the Hang Seng Index subscribes for 23916, with an exercise price of 25600 points, which expires in September 20 years, with an actual leverage of about 20.9 times.

Worried about the softening of the market, you can pay attention to the Hang Seng Index Bear Certificate 62710, the recovery price is 24950 points, the exercise price is 25050 points, the leverage ratio is about 30.3 times, and the exchange ratio is 12000. Or the Hang Seng Index sells 26584 points, with an exercise price of 23900 points, which expires in September 20, with an actual leverage of about 13.3 times.

Goldman Sachs Group: Meituan changes against the market rise again, pay attention to cattle 64706, sell 18901

Some securities firms have pointed out that Meituan's strong operating performance for several consecutive quarters has verified the core profit logic, and the demand scene of the ecological platform continues to expand, maintaining the "buy" rating. In addition, the market continues to pay attention to the quarterly evaluation results of Hang Seng Index companies next week, looking forward to Meituan being included in the Hang Seng Index.

Looking at the subscription certificates on the market, we can see that the most leveraged products are only about 5 times leveraged, and the out-of-price range is more than 20%. Therefore, if investors are optimistic, they can consider the deployment of bull certificates at this stage, and they can pay attention to the newly listed Meituan Niu 64706, which is about 14.4 yuan less than the current price.

On the contrary, if investors are bearish, they can note that with a maturity of about 5 months, Meituan, which is the most leveraged product with a discount clause, has sold 18901. In addition, sell certificates with an exercise price of around 174.5 yuan and expiring in January next year are hot terms in the near future. Investors can also pay attention to the sale of 21650 by Meituan.

Risk Tip: industry insiders said that due to high leverage and time loss, Wheel and CBBC are ultra-high-risk trading products, which may lose all principal and are not suitable for all investors. Investors should pay attention to risks and do not overload their positions.