As of March 14, the latest bull-to-bear warrant ratio for the Hang Seng Index stands at 60:40. Data from the warrant distribution chart shows that the heavy concentration area for bear warrants is in the 26,300–26,399 range, where the latest count of bear warrants is 848, a decrease of 64 from the previous trading day. The area with the highest increase in bear warrants is the 25,800–25,899 range, where the latest count stands at 333, an increase of 333 from the previous trading day. The heavy concentration area for bull warrants is in the 24,800–24,899 range, where the latest count is 1,538, an increase of 74 from the previous trading day. The area with the highest increase in bull warrants is the 25,300–25,399 range, where the latest count is 766, an increase of 219 from the previous trading day.