CIMC put warrants (038006) will be dismissed soon, so zeroing is inevitable.
November 16 is the last trading day of the warrant, and its fate of clearing has been inevitable. However, the CIMC put warrant was once sealed with a trading limit in the morning yesterday, which was surprising. The obvious loss making business is also done by some people. It has neither investment value nor speculative value, and can only be described as boring.
CIMC put warrants also entered the doomsday round, falling every day. This trend can not help but remind people of the tragic situation that many "brothers and sisters" in front of them finally returned to zero. No one believes that CIMC warrants can have exercise value. After all, the gap is too large. We should make the current stock price at 26.15 yuan CIMC (000039) rapidly dropped to below 7.3 yuan, which will take some time even in the bear market, and now it is at best a medium-term adjustment.
This also shows that the Zhongji Warrants are still unable to get rid of the fate of waste paper, so investors who are still buying the Zhongji Warrants must be based on speculative purposes. I do not oppose speculative warrants, nor do I oppose speculative doomsday round put warrants, but it is a bit "personalized" to buy on the 10% limit board specified for put warrants. Now, unlike in the past, put warrants in the near future cannot rise much better. If you buy them at the previous closing price, there is still 10% of the harvest. If you buy them at a price lower than the previous closing price, you may have a profit of more than 10%. If you buy them at the ceiling price, what do you expect to sell them tomorrow? It is difficult to seal the waste paper to the daily limit, so that the "brothers and sisters" all over the country can escape quickly. The banker shouted, "Brothers, leave quickly, I will come to the rear?" It is impossible.
Therefore, it is very dangerous to buy CIMC put warrants at the price of the limit up board. You can fry garbage, but not at any price. When there was no special limit up board before, you could buy more expensive if you had nothing to do with it; It's no good now. You bought too much, and today you can't go up. The closing market will bring down the price, and the next day you will trade on a lower level. If you want to solve the problem, it will be difficult.
It is not impossible to speculate on the last day round of put warrants under the new trading rules, but it is childish to expect its continuous trading limit. If it falls sharply one day, such as the daily decline of more than 50%, it can consider bargain hunting with various indicators at this time. Although it is still a knife edge licking, it is possible to double the trading rules. Risk and return can also be barely equal. However, for the put warrants that are undergoing the doomsday round, appreciation should be given priority, and it is better not to participate in the transaction.
In Hong Kong, warrants are not used for speculation, but for hedging.
