The Shanghai Composite Index shrank 1.74% yesterday. Most warrants fell to varying degrees, and the total transaction volume of the warrant market was the same as the previous day, of which the transaction volume of the warrant was 11.11 billion yuan, 8.03% less than the previous day; The sale of put warrants reached 7.104 billion yuan, 16.75% larger than the previous day.

Steel Vanadium GFC1 and regular shares still performed well yesterday, both closing at the limit price. Steel Vanadium GFC1 rose by 18.08%, the turnover increased to 592 million, and the turnover rate was 6.28%. The SFC2 of Shenzhen Development Bank and the CWB1 of Shenzhen High tech Group increased by 4.63% and 4.12%, only second to the steel vanadium GFC1. In the remaining subscription certificates, only Yunhua CWB1 and Shenfa SFC1 micro receipt red discs are available. The worst performing subscription certificate yesterday was Yili CWB1, down 3.11%. Based on yesterday's closing data, Yili CWB1 has a small discount rate of only 2.57%. It is worth mentioning that today is the last trading day of Yili CWB1. Investors who still hold this warrant can consider selling it today. Warrants that have not been sold by the close of today will participate in the exercise.

　　 CIMC ZYP1 The rapid return of value continued, with a decline of 14.19% and a decrease of 12.48% in turnover yesterday. The remaining three put warrants showed signs of large-scale increase in the late trading, including China Southern JTP1 The performance is most obvious. China Southern Airlines JTP1 operated near the previous closing price for most of the time yesterday, but at one time, it rose nearly 9% near the closing price, and finally closed at 6.74%. In addition, Valin JTP1 and Wuliang YGP1 The decline also narrowed to 3.47% and 1.23%. At present, the prices of put warrants are far away from value, and investors should stay away from these deep out of price put warrants.