According to the Zhitong Finance APP, on September 20th, the Hang Seng Index continued to rise and slightly pulled back in the afternoon, falling from the high point of about 3 months to hover around 18,200 points. If investors continue to be bullish on the upward trend of the index, they can pay attention to the HSI bull warrants (69872) with a stop loss at 17,400 points; for those with a bearish sentiment, they can continue to pay attention to the HSI bear warrants (69348) with a stop loss set at 18,600 points, as well as another HSI bear warrant (67798) with a stop loss at 18,800 points.

In terms of individual stocks, Xiaomi (01810) will launch new products in overseas markets next Thursday (September 26th), the new Xiaomi 14T series mobile phones, including Xiaomi 14T and 14T Pro. The company's stock price has been strong recently. Including today, out of the past 9 trading days, it has risen for 8 days. Since the low in early August, the stock price has accumulated a gain of about 25%, entering a bull market from a technical perspective.

If investors intend to follow the Xiaomi conference, or expect Xiaomi's stock price to have a short-term opportunity to challenge the May high of HK$20.35, good warehouses can pay attention to Xiaomi call warrants (25000), with an exercise price of HK$23.8 and due in late May next year, with an actual leverage of about 5.7 times; on the contrary, if they believe that Xiaomi's stock price may adjust before and after the conference, light warehouses can pay attention to Xiaomi put warrants (25181), with an exercise price of HK$17.08 and due in December, with an actual leverage of about 8.6 times.