As of May 20, the latest bull-bear ratio for the Hang Seng Index is 66:34. Data from CITIC Securities' bull and bear warrant distribution chart indicates that the heavy concentration and largest increase in bear warrant positions are within the 26,300–26,399 range. The latest count of bear warrants in this range is 787, an increase of 427 from the previous trading day. For bull warrants, the heavy concentration area is within the 25,200–25,299 range, where the latest count stands at 1,577, up by 5 from the prior session. The largest increase in bull warrant positions is observed in the 25,300–25,399 range, with the latest count reaching 917, a rise of 110 compared to the previous trading day.
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