As of November 21, the latest bull-bear ratio for the Hang Seng Index stands at 71:29. Data from CITIC Securities' bull-bear certificate distribution chart shows that the heavy concentration of bear certificates is in the 26,500–26,599 range, with the latest count at 487, an increase of 76 from the previous trading day. The largest new additions of bear certificates were in the 26,300–26,399 range, totaling 424, up by 424 compared to the prior session.

For bull certificates, the heaviest concentration lies in the 25,100–25,199 range, with the latest count at 1,326, marking an increase of 132 from the previous trading day. The most significant new additions were in the 25,400–25,499 range, where the latest count reached 1,301, up by 302 compared to the prior session.