As of January 21, the latest bull-to-bear warrant ratio for the Hang Seng Index stands at 65:35. According to data from CITIC Securities' bull and bear certificate distribution chart, the heavy concentration area for bear certificates is in the 27,500-27,599 range, where the latest number of bear certificates is 883, a decrease of 142 from the previous trading day. The area with the most new additions is the 26,800-26,899 range, where the latest number of bear certificates is 636, an increase of 358 from the previous trading day. The heavy concentration area for bull certificates is in the 25,800-25,899 range, where the latest number of bull certificates is 996, an increase of 76 from the previous trading day. The area with the most new additions is the 26,000-26,099 range, where the latest number of bull certificates is 646, an increase of 235 from the previous trading day.
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