Hang Seng Index Bull-Bear Distribution Shifts to 55:45 as of August 28

Stock News06:16

As of August 28, the latest bull-to-bear certificate ratio for the Hang Seng Index stands at 55:45, according to market data.

Data from the CITIC Securities bull-bear certificate distribution map indicates that the heavy concentration zone for bear certificates is in the 26,200-26,299 range, where the latest number of bear certificates totals 588, a decrease of 24 from the prior trading day.

The largest increase in bear certificate positions occurred in the 25,800-25,899 range, with 427 certificates currently held, marking an increase of 136 compared to the previous session.

For bull certificates, both the heaviest concentration and the largest rise are observed in the 25,000-25,099 range, where the latest count stands at 851 certificates, up by 297 from the prior trading day.

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