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International big bank bearish A-share investors switch to A50 put warrant bear warrant

http://www.sina.com.cn    10:21, February 19, 2009    Sina Finance

Sina Finance News A50 Fund and its related warrants can be said to be the hot market in recent days. Shanghai composite index Yesterday, it continued to backflow, falling below 2300 points and closing at 2209 points, down about 4.7%, the largest one-day decline this year. The A50 China Fund also fell about 2.3% to close at HK $9.77, falling for two consecutive days.

The transaction of A50 China Fund has been quite active in recent days, rising from HK $9 to HK $10.6. Yesterday, the trading volume of A50 funds reached 2.862 billion, 40% of which were sold through Merrill Lynch, Goldman Sachs and other large institutions. This fully reflects that international investors in the Hong Kong stock market are bearish on A-shares in the near future, so they are selling short A50 funds on a large scale.

At the same time, A50 related steamers and bull bear certificates were also popular, but this situation weakened yesterday. The trading volume of A50 China Fund Warrants and Bull and Bear Securities fell by nearly half to 820 million yuan yesterday, accounting for about 7.3% of the trading volume of warrants and Bull and Bear Securities. Many investors sold their call warrants and bull securities to cash in when the main shares rose sharply, and bought put warrants and bear securities to be short. With the arrival of the A-share volatile market, investors of A50 related warrants also need to polish their eyes in order to make some gains in the warrant market.


Sina statement: The purpose of posting this article on Sina.com is to convey more information, which does not mean to agree with its views or confirm its description. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
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