Hang Seng Index Bull and Bear Contract Ratio Stands at 52:48 as of July 8

Stock News06:43

The latest bull-to-bear contract ratio for the Hang Seng Index is 52:48 as of July 8th.

Data from the CITIC Securities warrant and CBBC inventory distribution chart indicates that the heavy concentration zone and the area with the most new additions for bear contracts are in the 24,000-24,099 interval.

The latest number of bear contracts in this zone is 734, representing an increase of 222 from the previous trading day.

The heavy concentration zone for bull contracts is in the 22,500-22,599 range, where the latest bull contract count is 818, marking an increase of 49 from the prior session.

The area with the most new additions for bull contracts is the 23,100-23,199 interval, where the latest bull contract tally is 807, reflecting a significant increase of 370 compared to the last trading day.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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