【法国兴业证券(香港)】法兴牛熊证日志-251125（3页）.pdf

1、按此以網頁開按此以網頁開啟啟2025年11月25日(星期二)法興牛熊日誌法興牛熊日誌:恒指反彈上試恒指反彈上試26,000點，留意法興恒指牛點，留意法興恒指牛62865/55990及熊及熊55738/55040恒指牛熊證發行人積極指標恒指牛熊證發行人積極指標恒指恒指 HSI上日收市價:25,716.50+496.48(+1.97%)牛熊證街貨變化相對期指張數恒指昨日展開技術反彈，回補了上週五的下跌裂口，今早進一步回穩，短線料上試26,000點關口附近，惟須留意近期走勢轉弱，宜審慎部署技術反彈。如看好恒指可留意牛證62865，收回價25,400點；也可留意收回價較低的牛證55990，收回價25,

2、278點。相反，如看淡可留意熊證55738，收回價26,448點；也可留意收回價較高的熊證55040，收回價26,648點。收回價收回價(距現貨價距現貨價)價格價格($)槓桿槓桿(x)55791 恒指(熊)26,600(+629.73)0.07733.754898 恒指(熊)26,573(+602.73)0.07335.655045 恒指(熊)26,500(+529.73)0.06738.855738 恒指(熊)26,448(+477.73)0.06241.955956 恒指(熊)26,400(+429.73)0.05844.855044 恒指(熊)26,360(+389.73)0.05150

3、.962487 恒指(熊)26,328(+357.73)0.05249.955736 恒指(熊)26,300(+329.73)0.04755.355998 恒指(熊)26,268(+297.73)0.04459.062443 恒指(熊)26,228(+257.73)0.04163.3恒指現貨價:25,970.27+253.77(+0.99%)62863 恒指(牛)25,708(-262.27)0.03770.262709 恒指(牛)25,548(-422.27)0.05448.162865 恒指(牛)25,400(-570.27)0.06738.855990 恒指(牛)25,278(-692.

4、27)0.07833.359219 恒指(牛)25,158(-812.27)0.09028.955095 恒指(牛)25,128(-842.27)0.09228.255826 恒指(牛)25,108(-862.27)0.09627.169673 恒指(牛)25,078(-892.27)0.09826.555265 恒指(牛)25,058(-912.27)0.09826.555479 恒指(牛)25,028(-942.27)0.10425.0編號編號相關資相關資產產收回價收回價(距現貨價距現貨價%)行使價行使價到期日到期日換股比率換股比率價格價格($)槓桿槓桿(倍倍)62863恒生指數(牛)25

5、,708.000(1.01%)25,608.00028/09/202810,000.0000.03770.255998恒生指數(熊)26,268.000(1.15%)26,368.00028/02/202810,000.0000.04459.062308小米集團(牛)35.500(13.03%)35.10028/09/2026100.0000.0636.555966小米集團(熊)42.000(2.89%)42.40029/12/2028100.0000.01724.062698阿里巴巴(牛)152.900(3.65%)151.40029/09/2026500.0000.01916.754644

6、阿里巴巴(熊)165.000(3.97%)166.50031/10/2028500.0000.01619.862826泡泡瑪特(牛)190.800(4.46%)183.80026/08/2026500.0000.03710.855759泡泡瑪特(熊)220.000(10.17%)227.00028/12/2028500.0000.0517.856186騰訊(牛)601.000(4.75%)598.00030/07/2026500.0000.07317.354881騰訊(熊)655.000(3.80%)658.00029/12/2028500.0000.04826.360840中芯國際(牛)62