As of September 15, the latest bull-to-bear ratio for the Hang Seng Index stands at 49:51. Data from the CITIC Securities bull and bear certificate street distribution map reveals that the heavy concentration zone for bear certificates lies in the 25300-25399 range, where the latest count is 1,435 contracts, an increase of 385 contracts from the previous trading day.

The largest new addition of bear certificates occurred in the 25200-25299 range, with the latest count reaching 529 contracts, up by 529 contracts compared to the prior session. Meanwhile, the heavy zone for bull certificates is in the 24500-24599 range, where the latest number of contracts stands at 1,019, a decrease of 39 contracts from the last trading day. The most significant new entry point for bull certificates was in the 24400-24499 range, with the latest count at 839 contracts, marking an increase of 85 contracts from the previous session.

These shifts indicate a slight tilt toward bearish positioning in the market, although the overall distribution remains balanced within a narrow range, suggesting traders are closely watching key support and resistance levels for the index.