Group 1 - Semiconductor sector shows increased market divergence as SMIC (00981) experiences volatility, trading at HKD 62.35 with a 2.72% increase [1] - Technical analysis indicates critical support levels at HKD 55.7 (Support 1) and HKD 51.7 (Support 2), with resistance levels at HKD 64.1 (Resistance 1) and HKD 69.7 (Resistance 2) [1] - RSI is at 75, indicating an overbought condition, with multiple technical indicators signaling a "sell" [1] Group 2 - Recent performance of SMIC-related warrants and bull certificates has been strong, with HSBC's bull certificate (65625) and UBS's bull certificate (68668) recording gains of 53% and 55% respectively within two days [3] - Call options such as HSBC 13462 and UBS 13340 have risen by 44% and 34%, reflecting market enthusiasm for related derivatives [3] Group 3 - Investors are advised to consider moderately out-of-the-money call options with high leverage, such as Bank of China call 19343 (leverage 2.6, exercise price HKD 69.04) and 17940 (leverage 3.9, exercise price HKD 68.88) [6] - For bearish sentiment, HSBC put 19411 (leverage 2.2) and Societe Generale put 19800 (leverage 2.3) are recommended, both showing low implied volatility [6] Group 4 - Bull certificates like Societe Generale 68985 (redemption price HKD 54.8, leverage 8.4) and UBS 69405 (redemption price HKD 55, leverage 8.7) are suitable for bullish investors [9] - For bearish investors, options such as Societe Generale bear 57005 (redemption price HKD 65, leverage 13.5) and HSBC bear 69516 (redemption price HKD 65, leverage 11.5) are available [9]