Hang Seng Index Bull-Bear Comparison Shifts to 49:51 as of August 8

Stock News08-08 07:34

As of August 8, new data reveals that the latest distribution of bull and bear certificates for the Hang Seng Index stands at a 49:51 ratio.

According to the latest street cargo distribution chart from CITIC Securities, the heavy concentration area for bear certificates is in the 26,200-26,299 range. In this zone, the number of bear certificates stands at 812, representing an increase of 83 from the previous trading day. The most significant new zone for bear certificates is in the 25,900-25,999 range, where the number of bear certificates reaches 578, marking a substantial increase of 285 compared to the prior session.

On the bull side, the heavy concentration area is in the 25,200-25,299 range, with the latest count of bull certificates at 632, up by 25 from the previous trading day. The zone with the most new additions for bull certificates is in the 25,300-25,399 range, where the number of bull certificates totals 470, an increase of 46 from the prior trading day.

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