Guodian Subscription Certificate is deflated, and the put certificate has a good opportunity
http://www.sina.com.cn 09:59, September 8, 2006 Daily Economic News
Zhang Biao
Yesterday, Sinopec's high opening and low going after the resumption of trading dragged the SSE market out of a hidden line, which made the hot subscription certificates of the previous trading days suddenly deflate Youngor ( information quotation forum ) The top three declines of subscription certificates were -9.98%, -9.17% and -8.03% respectively.
But at the same time, Liu Xiaodong, the deputy general manager of SSE, recently stressed that the key reason why "warrants are not waste paper" - warrants can be used as a tool for risk hedging to play a market role. Except for the Shenneng put certificate, which will expire in October, other put certificates are in full swing, reflecting that and Market trend The opposite paradox effect. The leading players in the last wave of soaring market were airport and Shanghai market, with 6.31% and 4.04% respectively, in the top two.
For two consecutive trading limit boards after listing Guodian Power ( information quotation forum ) The subscription certificate finally lost its former prestige yesterday and pulled out a big negative stick with a long shadow line. The main fund has pulled its price to a level one or two times higher than the valuation of most analysts. The risk is high, so investors are advised to stay away.
On the other hand, considering that the market has short-term downward momentum, which provides short-term opportunities for the speculation of put warrants, we can pay attention to the market that has been trading sideways for a long time and faces a breakthrough Wuliangye ( information quotation forum ) Put, airport put and Baotou Steel put warrant with multiple moving averages upward.
