As of August 20, the latest bull-bear ratio for the Hang Seng Index stands at 49:51, according to market data.

Data from the CITIC Securities bull-bear certificate distribution map reveals that the heavy accumulation zone for bear certificates, as well as the area with the highest new additions, is in the 25600-25699 range. The latest number of bear certificates in this range is 773, reflecting an increase of 212 contracts compared to the previous trading day.

Meanwhile, the heavy accumulation zone for bull certificates is located in the 25000-25099 range, where the latest count stands at 859 contracts, a decrease of 83 from the prior session. Additionally, the area with the most new bull certificate additions is the 25200-25299 range, which now holds 169 contracts, marking an increase of 105 contracts from the previous trading day.