CATL explores new highs against the market trend, while Meituan repeatedly hits new lows; keep an eye on CATL purchase 24729/Meituan purchase 22895

Citi Warrants Website - Bull & Bear Certificates Street Inventory Distribution Map

$Hang Seng Index (800000.HK)$ Last week, support was found above the 50-day line level. At the start of this week, it gapped higher in line with overseas trends and returned to the 27,000-point level. Recently, the trend has turned consolidative. This morning (August 12), there was a larger decline, testing the 27,000-point level again. According to data from Citi Warrants' website's bull-bear volume distribution page, as of yesterday (August 11), the Hang Seng Index's bull-to-bear ratio was 68.7:31.3, with an average daily range of about 328 points over the past five days. Investors who are bullish on the Hang Seng might consider $CT#HSI RC2807H.C (59100.HK)$ , with a stop-loss level at 26,500 points, leverage ratio of 41.6x, conversion ratio of 10,000 to 1, expiring on July 28, 2028; if bearish, investors might consider $CT#HSI RP28048.P (56671.HK)$ , with a stop-loss level at 27,600 points, leverage ratio of 42.3x, conversion ratio of 10,000 to 1, expiring on April 27, 2028.

$CATL (03750.HK)$ showed strength against the trend this morning, attempting to test the bottom of the gap from mid-November last year around the HKD 530 mark, which also acts as resistance at the top of the price range since mid-November last year. Investors who are optimistic about CATL might consider $CT-CATL@EC2606A.C (24729.HK)$ , with a strike price of HKD 600, actual leverage of 8.1x, conversion ratio of 100 to 1, expiring on June 1, 2026; if bearish, investors might consider $CT-CATL@EP2605A.P (22008.HK)$ , with a strike price of HKD 388.68, actual leverage of 9.4x, conversion ratio of 100 to 1, expiring on May 20, 2026.

$MEITUAN-W (03690.HK)$ 's share price has been weak for some time, repeatedly searching for a bottom. After breaking below the HKD 90 level recently, it continued to be under selling pressure this morning. Investors who are optimistic about Meituan might consider $CTMTUAN@EC2606B.C (22895.HK)$ , with a strike price of HKD 108.5, actual leverage of 8.2x, conversion ratio of 50 to 1, expiring on June 2, 2026; if bearish, investors might consider $CTMTUAN@EP2607A.P (22094.HK)$ , with a strike price of HKD 82.888, actual leverage of 4.4x, conversion ratio of 50 to 1, expiring on July 24, 2026.

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