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Baosteel CWB1 rose against the trend and was called the Crown Warrant Market

http://www.sina.com.cn    13:49, July 30, 2008    China Securities Network

Baosteel

News from our website (Shanghai Securities News Ni Dan) At noon on the 30th, Baosteel CWB1 (580024. SH) In the afternoon, the warrant market rose against the trend. Baosteel CWB1 rose to 1.508 yuan, up 14.68%. It was called the list of crown warrant gainers. Since then, the stock has continued to maintain a high consolidation trend. As of 13:41, the stock has risen 13.16%. In addition, Gezhou CWB1 (580025. SH), which rose by 10.59%, is also the warrant with an increase of more than 10%; In addition, Shanggang CWB1 (580020. SH) Kangmei CWB1 (580023. SH), Jiangxi Guangdong CWB1 (580017. SH), and Guodian CWB1 (580022. SH) also soared in the afternoon, rising more than 5%. Only Steel Vanadium GFC1 (031002. SZ) has gained less than 3%.

Market insiders said that Baosteel CWB1 had dropped from 2.026 yuan to 1.299 yuan as a minimum in five trading days, with an obvious rebound from oversold. Its main stock also fell for five consecutive days. Investors who are optimistic about the main stock can quickly enter and exit.

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