HKEX(HK:00388) Ge Long Hui·2025-06-19 10:37Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) is currently facing a critical technical level, with its stock price approaching key support and resistance levels, indicating potential trading opportunities for investors [1][9]. Technical Analysis - The stock price of HKEX is nearing the middle line of the Bollinger Bands at 409.8 HKD, with previous rebounds observed when approaching this level [1]. - As of 14:06 today, HKEX is trading at 391.6 HKD, down 3.07%, with significant support at 386 HKD and resistance at 412 HKD [1]. - The 10-day moving average (MA10) has crossed below the 30-day moving average (MA30), indicating a potential bearish trend, although the stock remains above the MA30, suggesting that the medium-term trend has not completely turned negative [1]. - The Relative Strength Index (RSI) is at 55, indicating a neutral to strong position, while the Williams %R has entered the oversold zone, and the stochastic oscillator is signaling a buy [3]. - The MACD indicator shows a sell signal, but the decreasing momentum bars suggest that selling pressure is easing [3]. Investment Strategies - For bullish investors, UBS call option 13775 is recommended, offering a leverage of 14.2 times with a strike price of 470.88 HKD, noted for its low premium and implied volatility [5]. - For bearish strategies, UBS put option 16913 and Morgan Stanley put option 16907, both with a strike price of 333.68 HKD and leverage of approximately 10.4 to 10.5 times, are suggested due to their relatively low implied volatility [5]. - For bullish certificates, HSBC bull certificate 69781 with a redemption price of 350 HKD and a leverage of 7.7 times is highlighted, along with BNP Paribas bull certificate 53641, which has a redemption price of 355 HKD and a leverage of 8.5 times [5]. - For bearish certificates, Societe Generale bear certificate 53181 and Morgan Stanley bear certificate 54608 are recommended, with redemption prices of 438 HKD and 435 HKD, respectively, and high leverage ratios [5]. Market Sentiment - Major banks predict that market activity will slow down compared to recent peaks, which may impact HKEX's performance [7].