On Monday, all three major indices of the Hong Kong stock market strengthened collectively,$Hang Seng TECH Index (800700.HK)$rising by 2.34%,$Hang Seng Index (800000.HK)$up 2.4%, closing at 21,417.4 points, with an intraday high of 21,517.32 points and a low of 21,224.55 points. At night,$HSI Futures Current Contract (HSIcurrent.HK)$ it closed at 21,585 points, up 169 points or 0.79%, with a premium of 168 points.

As of yesterday's market close, the total market turnover was 253.389 billion HKD, with all warrants.bull and bear certificatesThe total transaction amounted to 22.324 billion HKD, accounting for 8.8% of the overall market turnover, with long positions representing 4.3% and short positions representing 4.5%. The net outflow of all structured products was 0.874 billion HKD.

In terms of capital trend for the Hang Seng Index, there was a net outflow of 49 million HKD for long positions and a net inflow of 63 million HKD for short positions.
The top five indices and underlying stocks with fund outflows from good positions are: $Hang Seng Index (800000.HK)$、 $TENCENT (00700.HK)$、 $BYD COMPANY (01211.HK)$、 $HSBC HOLDINGS (00005.HK)$、 $SMIC (00981.HK)$ 。

The top five indices and their corresponding stocks for Inflow in the light position are: $Hang Seng Index (800000.HK)$、 $TENCENT (00700.HK)$ 、$HKEX (00388.HK)$、 $POP MART (09992.HK)$、 $XPENG-W (09868.HK)$ 。

Bull-Bear Street Position Ratio
As of April 14, the latest bull-bear street goods ratio of the Hang Seng Index is 44.9:55.4.
bull and bear certificatesThe data in the street goods distribution map shows that the bear certificate heavy goods zone is in the range of 21600-21699, where the latest number of bear certificates is 392, an increase of 186 compared to the previous trading day; the most added is in the range of 21800-21899, where the latest number of bear certificates is 292, an increase of 270 compared to the previous trading day.
The bull certificate heavy goods zone and the most added are both in the range of 20400-20499, where the latest number of bull certificates is 646, an increase of 297 compared to the previous trading day.

Warrant analysis
$HKEX (00388.HK)$ Yesterday rose nearly 7%, warrant.$UB-HKEX@EC2505B.C (29156.HK)$ Made more than double.

$CSPC PHARMA (01093.HK)$Yesterday surged over 9%, multiple warrants made a profit. $UB-CSPC@EC2506A.C (26699.HK)$ 、 $MB-CSPC@EC2507A.C (20432.HK)$ 、 $JP-CSPC@EC2506A.C (26688.HK)$ All made over a hundred percent profit.

Click to viewA beginner's guide to bull and bear certificates.>>
Views from major banks.
HSBC Holdings: Apple supply chain stocks are rising, and the USA temporarily exempts electronic products from reciprocal tariffs, keep an eye on good warehousing deployment. $HS-AAC @EC2512B.C (14307.HK)$ / $HS-SUNY@EC2509A.C (29883.HK)$ 。
HSBC Holdings:$HKEX (00388.HK)$ Increased by nearly 7%, filling most of the gap left on April 7, with a two-pronged approach to keep an eye on. $HS-HKEX@EC2508B.C (15522.HK)$ / $HS-HKEX@EP2508A.P (13918.HK)$ 。
Editor/rice