On Wednesday, $Hang Seng Index (800000.HK)$ The market maintained volatility throughout the day, closing up 0.12% at 24,771 points, with a high of 24,874 points and a low of 24,601 points during the session. In the evening, $HSI Futures Current Contract (HSIcurrent.HK)$it closed at 24,719 points, down 15 points or 0.061%, 52 points below.

By the market close, the total market turnover was 271.859 billion HKD, with the total turnover of all warrants and callable bull/bear contracts amounting to 22.902 billion HKD, accounting for 8.4% of the total market turnover, among which long positions accounted for 5.1% and short positions accounted for 3.3%. There was a net outflow of 1.135 billion HKD from all warrants.

Regarding the Capital Trend of the Hang Seng Index, there was a net outflow of 74 million HKD from long positions and a net inflow of 63 million HKD into short positions, with short positions having seen inflows for four consecutive days.

The top five stocks with Capital Inflow for good positions and the Index are: $TENCENT (00700.HK)$ 、 $MEITUAN-W (03690.HK)$ 、 $BYD COMPANY (01211.HK)$ 、 $SMIC (00981.HK)$ 、 $ZTE (00763.HK)$ 。

The top five stocks with Capital Trend inflow and Index are: $Hang Seng Index (800000.HK)$ 、 $XIAOMI-W (01810.HK)$ 、 $BYD COMPANY (01211.HK)$ 、 $TENCENT (00700.HK)$ 、 $Nikkei 225 (.N225.JP)$ 。

Bull-Bear Street Position Ratio

As of March 19, the latest Bullish/Bearish street ratio of the Hang Seng Index is 54:46.

The data in the distribution chart of Bullish and Bearish warrants shows that the heavy zone for Bearish warrants is in the Range of 25300-25399, with the latest number of Bearish warrants being 764, an increase of 74 since the last Trade; the largest increase was in the Range of 24900-24999, with the latest number of Bearish warrants being 620, an increase of 191 since the last Trade.

The heavy cargo area of the bull certificate street is in the range of 23700-23799, with the latest number of bull certificates at 958, a decrease of 64 from the previous trading day; the most added is in the range of 24000-24099, with the latest number of bull certificates at 719, an increase of 719 from the previous trading day.

Warrant analysis

In terms of individual stocks, $BYD COMPANY (01211.HK)$ Increased by nearly 4%, $MS-BYD @EC2504A.C (28467.HK)$ Earn more than 80%. $BIDU-SW (09888.HK)$ Fell nearly 4%, bearish certificate. $JP#BAIDURP2712A.P (57564.HK)$ Earned over 70%.

Click to viewA beginner's guide to bull and bear certificates.>>

Views from major banks.

HSBC: After reaching a yearly high, gold prices slightly retraced, bullish outlook. $SPDR Gold Trust (02840.HK)$ The ETF's warrants attracted 1.2 million yuan yesterday; both bullish and bearish investors can consider purchasing. $HSSPDRG@EC2509A.C (28942.HK)$ /Short Sale $HSSPDRG@EP2509A.P (13845.HK)$ 。

Morgan Stanley: $MIDEA GROUP (00300.HK)$ The humanoid robot developed was revealed for the first time, and yesterday the stock price briefly exceeded 80 yuan, Midea purchased. $JPMIDEA@EC2511A.C (14966.HK)$ / Call $JPMIDEA@EC2506A.C (29682.HK)$ 。

Editor/Rocky