【中銀做客】恆指、小米、華虹半導體、攜程

Market Overview - The Hong Kong stock market has shown signs of weakness, with the Hang Seng Index dropping below 26,000 points after previously hovering around 27,000 points [1][2] - Investor sentiment has become more conservative, with approximately 35% of funds shorting the market and 65% looking to buy [1][2] Investment Strategies - Investors are considering buying call warrants to capitalize on potential market rebounds, with a preference for those with lower strike prices, such as 25,500 points or lower [1][2] - The market is expected to see earnings reports from several companies, which could significantly impact future market performance [2] Specific Stock Analysis - Xiaomi (1810) is under scrutiny as it prepares to announce earnings, with significant inflows into its call warrants, indicating investor interest in potential rebounds around the 40 HKD mark [5][6] - For Xiaomi, a call warrant with a strike price of 57.88 HKD and a leverage of approximately 6 times is available, while a put warrant with a strike price of 39.88 HKD is also offered [6] Semiconductor Sector - Hua Hong Semiconductor (1347) has been a focus in the market, showing signs of recovery with recent inflows into its bullish positions [7] - A call warrant for Hua Hong with a strike price of 134.7 HKD and a leverage of about 4 times is available, reflecting investor interest [7] Travel Sector - Trip.com (9961) has performed well, with its stock rising despite overall market declines, attributed to better-than-expected earnings [10][11] - A call warrant for Trip.com with a strike price of 88.88 HKD and a leverage of approximately 9 times is available for investors looking to capitalize on its performance [11] Product Availability - The company has issued over 100 stock-related products, providing a variety of options for investors across different sectors [11] - Investors can utilize the company's website to search for specific stock warrants and compare terms and conditions across different products [9][10]