Index soared, warrant became the biggest beneficiary

WISCO CWB1 soared by 34% yesterday, Tsingtao Beer CWB1 rose by 126% in six days

Intern Lin Zhenghong, reporter of Business Daily Min Lei

The index soared, and the warrants that can amplify risks and returns became the biggest beneficiaries. Yesterday, the stock index opened higher and went higher, and all varieties in the warrant market were in the red. Except for the only put certificate, China Southern Airlines JTP1, which experienced a sharp rise and fall, and finally rose slightly by 3.32%, the other varieties all saw double-digit increases. The worst performing Shengao CWB1 (580014) also rose by 14.93%, and Wuhan Iron and Steel CWB1 (580013) soared by 33.99% on a single day, making the buyers profitable.

Among the 13 subscription certificates, WISCO CWB1, which had the largest increase, changed hands 193.23% that day, with a premium rate of 7%, and the turnover of 8.277 billion yuan was 208.5% higher than the previous day. Corresponding positive shares Wuhan Iron & Steel 600005 limit. Shenfa, Tsingtao Beer and Maanshan Iron and Steel also increased by more than 20%, while ZTE, Sinopec, SAIC and other subscribed products increased by 18%. Among them, Tsingtao Brewery CWB1, which was closely watched a while ago, rose 20.65% yesterday to 5.544 yuan, and the turnover rate reached 482.63%, the highest among all 14 warrants. However, its listing price on the 18th was only 2.451 yuan, with an increase of 126.19% within 6 days. Yesterday, the total trading volume of the warrant market was 73.56 billion yuan.

In addition, it is worth noting that China Southern Airlines JTP1 opened 4.06% lower in the morning, then soared all the way up to 20% an hour later, and was temporarily suspended by Shenzhen Stock Exchange due to price changes until the end of the morning trading. In the afternoon, China Southern Airlines' put diving narrowed its gains, and finally closed at 0.560 yuan, up 3.32% after a sideways trading, with a daily turnover rate of 319.65% and a turnover of 23.039 billion yuan.

Experts remind warrant investors to pay close attention to the premium rate of each warrant, and at the same time, try to choose warrants with a long time to maturity and low actual leverage ratio to reduce future risks.