Core Viewpoint - As of September 27, the Hang Seng Index (HSI) shows a bull-bear ratio of 59:41, indicating a prevailing bullish sentiment in the market [1] Group 1: Bearish Sentiment - The heavy concentration of bear certificates is in the range of 26,700 to 26,799, with the latest count at 1,002 certificates, an increase of 421 from the previous trading day [1] - The most significant increase in bear certificates occurred in the 26,700 to 26,799 range, reflecting heightened bearish sentiment [1] Group 2: Bullish Sentiment - The heavy concentration of bull certificates is in the range of 25,800 to 25,899, with the latest count at 1,013 certificates, an increase of 405 from the previous trading day [1] - The largest increase in bull certificates was noted in the 25,700 to 25,799 range, where the latest count reached 865 certificates, up by 583 from the previous trading day [1]

智通财经APP获悉，截至9月26日，恒指最新的牛熊街货比例为60:40。 中信证券牛熊证街货分布图中的数据显示，熊证街货重货区在27200-27299区间，该区间最新熊证数量为1477张，较上一 交易日增加39张;最多新增在26900-26999区间，该区间最新熊证数量为350张，较上一交易日增加178张。 牛证街货重货区在25900-25999区间，该区间最新牛证数量为940张，较上一交易日减少257张;牛证街货最多新增在26300- 26399区间，该区间最新牛证数量为139张，较上一交易日增加139张。 | 牛證街貨 | | | - 恒指牛熊證期指張數比例- | | | 熊證街貨 | | --- | --- | --- | --- | --- | --- | --- | | 59.62% | | | | | | 40.38% | | (11,390張) | | | (以相對期指張數計算) | | | (7,714張) | | 指數區域 | 相對期指張數[括號內為一日變化] | | | | 信證精選 | 實際積桿 | | 27,500 - 27,599 | | 565(+38) | | | 59971 龍 ...

Group 1 - The latest bull-bear ratio for the Hang Seng Index (HSI) is 63:37 as of September 25 [1] - The heavy zone for bear certificates is in the range of 27,200-27,299, with 1,438 certificates, an increase of 644 from the previous trading day [1] - The heavy zone for bull certificates is in the range of 25,900-25,999, with 1,197 certificates, an increase of 313 from the previous trading day [1] Group 2 - The most newly added bear certificates are in the range of 27,200-27,299, with a total of 1,438 certificates [2] - The most newly added bull certificates are in the range of 26,000-26,099, totaling 763 certificates, an increase of 566 from the previous trading day [2] - The current price of the HSI is 26,518.65, reflecting an increase of 359.53 (1.4%) [2]

Group 1 - As of September 24, the Hang Seng Index (HSI) has a bull-bear ratio of 62:38 [1] - The distribution of bear certificates shows that the heaviest concentration and most new additions are in the range of 26,700 to 26,799, with a total of 1,225 bear certificates, an increase of 574 from the previous trading day [1] - The bull certificates are concentrated in the range of 25,600 to 25,699, with a total of 982 bull certificates, an increase of 492 from the previous trading day [1] Group 2 - The overall bull certificate count is 12,024, representing 61.70% of the total, while bear certificates total 7,464, accounting for 38.30% [2] - The price range of 27,400 to 27,499 saw a decrease of 110 bull certificates, bringing the total to 376 [2] - The price range of 26,600 to 26,699 experienced an increase of 121 bull certificates, totaling 155 [2]

Core Viewpoint - The distribution of bear and bull certificates indicates a shift in market sentiment, with notable changes in the number of certificates in specific price ranges [1] Group 1: Bear Certificates - The heavy concentration of bear certificates is in the price range of 27200-27299, with the latest count at 1216 certificates, a decrease of 173 from the previous trading day [1] - The most significant increase in bear certificates occurred in the 26700-26799 range, where the latest count is 229 certificates, an increase of 229 from the previous trading day [1] Group 2: Bull Certificates - The heavy concentration of bull certificates is in the price range of 26200-26299, with the latest count at 998 certificates, a decrease of 43 from the previous trading day [1] - The most significant increase in bull certificates occurred in the 26000-26099 range, where the latest count is 451 certificates, an increase of 98 from the previous trading day [1]

| 牛證街貨 | - 恒指牛熊證期指張數比例 - | | | 熊韻街貞 | | --- | --- | --- | --- | --- | | 58.34% | | | | 41.66% | | (10,420張) | (以相對期指張數計算) | | | (7.4405 | | 指數區域 | 相對期指張數[括號內為一日變化] | | 信韻精選 | 實際複桿 | | 27,800 - 27,899 | 160(+121) | | 62461 NE | 29.6 | | 27.700 - 27.799 | 199(+122) | | 60465 HE | 32.8 | | 27,600 - 27,699 | 271(+185) | | 62460 NE | 36.9 | | 27,500 - 27,599 | 876(+520) | | 59971 BE | 42.7 | | 27.400 - 27.499 | 518(+278) | | 62454 NE | 48.9 | | 27.300 - 27.399 | 491(+387) | | 60464 NE | 61.2 | | 27.200 - 27.299 ...

Group 1 - The latest bull-bear ratio for the Hang Seng Index is 62:38 as of September 17 [1] - The distribution of bear certificates shows a significant concentration in the range of 27,000 - 27,099, with 1,156 certificates, an increase of 47 from the previous trading day [1] - The highest increase in bear certificates occurred in the range of 26,900 - 26,999, with 973 certificates, which is an increase of 201 from the previous trading day [1] Group 2 - The bull certificates are primarily concentrated in the range of 25,900 - 25,999, with 1,077 certificates, a decrease of 10 from the previous trading day [2] - The most significant increase in bull certificates was in the range of 26,200 - 26,299, with 726 certificates, an increase of 392 from the previous trading day [2] - The current index price is 26,438.51, reflecting a slight decrease of 8.05 [2]

牛证街货重货区在25300 - 25399区间，该区间最新牛证数量为865张，较上一交易日减少252张;牛证街货最多新增在25900 - 25999区间，该区间最新牛证数量为700张，较上一交易日增加700张。 中信证券牛熊证街货分布图中的数据显示，熊证街货重货区在27000 - 27099区间，该区间最新熊证数量为1100张，较上一 交易日增加370张;熊证街货最多新增在26900 - 26999区间，该区间最新熊证数量为764张，较上一交易日增加517张。 智通财经APP获悉，截至9月13日，恒指最新的牛熊街货比例为66:34。 | 過往記錄 | 最新 | 2025-09-11 | | 2025-09-10 | 2025-09-09 | 2025-09-08 | | | 顯示已收回 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 牛證街貨 | | | | | - 恒指牛熊證期指張數比例 - | | | | 熊證街貨 | | 66.09% | | | | | | | | | 33.91% | | (10,914張) | | ...

智通财经APP获悉，截至9月12日，恒指最新的牛熊街货比例为63:37。 中信证券牛熊证街货分布图中的数据显示，熊证街货重货区在26300 - 26399区间，该区间最新熊证数量为1140张，较上一交易 日增加277张；熊证街货最多新增在相同区间。 牛证街货重货区在25300 - 25399区间，该区间最新牛证数量为1117张，较上一交易日增加382张；牛证街货最多新增在25600 - 25699区间，该区间最新牛证数量为803张，较上一交易日增加803张。 | 牛證街貨 | | - 恒指牛熊證期指張數比例 - | | | | 熊證街貨 | | --- | --- | --- | --- | --- | --- | --- | | 63.24% | | | | | | 36.76% | | (11,582張) | | (以相對期指張數計算) | | | | (6,731張) | | 指數品或 | 相對期指張數[括號內為一日變化] | | | 信證精選 | | 實際槓桿 | | 27,200 - 27,299 | 242(+27) | | | 62451 NE | | 22.1 | | 27,100 - 27, ...

Group 1 - The latest bull-bear ratio of the Hang Seng Index is 68:32 as of September 9 [1] - The heavy area for bear certificates is in the range of 26,000 - 26,099, with the latest number of bear certificates at 731, an increase of 1 from the previous trading day [1] - The most significant increase in bear certificates occurred in the range of 25,700 - 25,799, with the latest number at 267, an increase of 158 from the previous trading day [1] Group 2 - The heavy area for bull certificates is in the range of 24,700 - 24,799, with the latest number of bull certificates at 1,208, a decrease of 469 from the previous trading day [1] - The most significant increase in bull certificates occurred in the range of 25,000 - 25,099, with the latest number at 1,014, an increase of 324 from the previous trading day [1]