HKEX(HK:00388) Ge Long Hui·2025-07-22 19:06Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) has announced an optimization of the Stock Connect trading mechanism, which is expected to shorten the settlement cycle and enhance market liquidity. The number of new listings in the first half of the year has increased by 15% year-on-year, contributing to a positive market reaction regarding its revenue from transaction fees [1]. Group 1: Market Performance - HKEX's stock closed at HKD 431.2, with a daily increase of 0.28% and a trading volume of HKD 1.502 billion [1]. - Technical analysis indicates a "strong buy" signal with a strength of 16, while multiple moving averages also reflect a robust medium to long-term trend [2]. - The stock is currently approaching its first resistance level at HKD 439, with a 54% probability of breaking through this level [5]. Group 2: Support and Resistance Levels - The first support level for HKEX is at HKD 419, with a deeper support level at HKD 403. The first resistance level is at HKD 439, and a higher resistance level is at HKD 448 [5]. - The stock has experienced a 2.5% fluctuation over the past five days, indicating some short-term speculative opportunities [5]. Group 3: Derivative Products - For bullish investors, UBS call option (16698) has a leverage of 9.4 times with a strike price of HKD 484.08, while HSBC call option (13488) has a leverage of 7.5 times with a strike price of HKD 480.2, both featuring relatively low premiums [7]. - For bearish investors, UBS put option (53316) offers the lowest premium with a leverage of 13.1 times and a strike price of HKD 460, while Morgan Stanley put option (54605) has the highest leverage of 12.5 times with the same strike price [9].