As of March 3, the latest bull-to-bear warrant ratio for the Hang Seng Index stood at 63:37. Data from the warrant distribution chart showed that the heaviest concentration and largest increase in bear warrants occurred in the 26,500–26,599 range, where the latest number of bear warrants reached 859, an increase of 859 from the previous trading day. The heaviest concentration of bull warrants was in the 25,800–25,899 range, with the latest count at 1,480, up by 150 from the prior session. The largest increase in bull warrants was observed in the 25,600–25,699 range, where the latest number reached 634, rising by 459 compared to the previous trading day.