Ge Long Hui·2025-07-29 10:46Core Viewpoint - The stock price of Kuaishou (01024) has shown volatility, with a recent drop of 4.86% to HKD 72.5, indicating significant selling pressure. However, as of the morning of the 28th, the stock stabilized around HKD 72, raising questions about whether this represents a short-term bottom or if further declines are possible [1]. Technical Analysis - Multiple technical indicators suggest a "buy" signal with a strength of 12, indicating a strong bullish sentiment. Moving averages are showing "strong buy" signals, reflecting a positive medium to long-term trend. However, several oscillators are neutral, with the RSI at 57, indicating some short-term market hesitation [1]. - The first support level is at HKD 66.2, followed by HKD 61.1. The first resistance level is at HKD 78.7, with a higher level at HKD 83.9. The current stock price is positioned in the middle, with a system-assessed probability of an upward movement at 55%. The stock has experienced a volatility of 13.2% over the past five days, suggesting ample speculative opportunities [3]. Product Performance - Previous products recommended, such as the Societe Generale bear certificate (59208) and JPMorgan bear certificate (53656), saw increases of 60% and 70% respectively within two days, while Kuaishou's stock price fell by 6.93%, highlighting the amplified effects of leveraged products [3]. - For those optimistic about Kuaishou's rebound, the Guotai Junan call option (25903) offers a leverage of 7 times with an exercise price of HKD 72.05, featuring low premiums and implied volatility. The UBS call option (25723) also provides a leverage of 6.8 times with a similar exercise price, making it a viable consideration [5]. Leveraged Products - In the context of bull and bear certificates, the HSBC bull certificate (59410) has a practical leverage of 7.5 times with a redemption price of HKD 66, noted for having the highest practical leverage and the lowest premium. Conversely, the UBS bear certificate (62938) offers a leverage of 7.3 times with a redemption price of HKD 80, while the HSBC bear certificate (55042) has a leverage of 7.4 times, also with a redemption price of HKD 80, both presenting distinct advantages [6][7].