The latest bull and bear warrant ratio for the Hang Seng Index is 50:50 as of July 22. Data from the warrant distribution chart shows the heavy concentration area for bear warrants is in the 25,500-25,599 interval, where the latest count is 667 contracts, an increase of 69 from the previous trading day. The interval with the largest new increase in bear warrant inventory is also this same range.

The heavy concentration area for bull warrants is in the 24,600-24,699 interval, where the latest count is 578 contracts, an increase of 216 from the previous trading day. The interval with the largest new increase in bull warrant inventory is the 24,800-24,899 range, where the latest count is 341 contracts, an increase of 341 from the previous session.