Core Viewpoint - Huahong Semiconductor's stock price has shown rebound momentum, reaching a high of 81.8 HKD, with current trading at 77.2 HKD, indicating renewed market interest in the semiconductor sector [1]. Technical Analysis - The stock is currently testing key moving average resistance levels, with MA10 at 77.24 HKD providing initial support, MA30 at 80.48 HKD forming recent resistance, and MA60 at 68.5 HKD as significant support [1]. - The RSI indicator is at 55, indicating a neutral to strong zone, while momentum oscillators suggest potential oversold conditions that may lead to a rebound [1]. - Short-term support levels are at 74.6 HKD and 68.2 HKD, while resistance levels are at 85.7 HKD and 91.5 HKD, with a 54% probability of upward movement, reflecting slightly optimistic market sentiment [3]. Derivative Products Performance - During the stock price increase, bullish products have shown considerable returns, such as the Societe Generale call option 20958, which recorded an 11% increase over two days with a 3.76% rise in the underlying stock [3]. - The call option from Bank of China 21730 also performed well, achieving a 9% increase, highlighting the leverage effect of call options in trending markets [3]. Derivative Product Opportunities - For bullish options, Societe Generale call option 20958 offers 2.7x leverage with a strike price of 88.938 HKD, suitable for investors looking to control costs while being optimistic about a rebound [6]. - The Bank of China call option 21730 provides 2.4x leverage with a strike price of 88.88 HKD, appealing to more conservative investors due to its lower premium [6]. - For bearish options, Citibank put option 22882 offers 2.7x leverage with a strike price of 69.95 HKD, featuring the lowest premium and favorable implied volatility [6]. Bull and Bear Certificates - The Barclays bull certificate 54058 offers 5.7x actual leverage with a redemption price set at 69 HKD and a low premium [9]. - HSBC bull certificate 53261 provides 5.4x actual leverage with a redemption price of 68 HKD, presenting the highest actual leverage and lowest premium [9]. - UBS bear certificate 53356 offers 6.7x leverage with a redemption price of 90 HKD, also featuring the lowest premium [9].