If SAIC had not been listed on the first day of subscription yesterday, the leader of the stock market would have been Wuliang's put. Put warrants strengthened throughout the day yesterday, and rose at the end of the day. The increase of Wuliang subscription was only second to that of SAIC. Especially in the afternoon, with the adjustment of the overall market, the selling right came back and rose collectively, with Wuliang's selling up 6.33%
Trading on the first day SAIC CWB1 The rise and limit show was staged, which was closed to the rise and limit price of 12.306 yuan at the opening, up 37.99%. The sharp rise of SAIC's subscription was in line with the expectations of the institutions, and also led to the enthusiasm of the entire warrant market to do more. The early performance of the rights market was quite prosperous, and almost all the trading varieties rose.
Unfortunately, SAIC made a good start in its subscription, but only 3361 shares were sold in the closing, with a turnover rate of 0.15%. Affected by this, the options were differentiated in the afternoon, with WISCO's subscription up 1.77%, Magang's subscription down 0.51% and Steel Vanadium's subscription down 0.94% respectively. Wuliang's subscription rose 1.06%, while Shenzhen Development SFC2 stopped its decline and rebounded, up 0.87%. Cloud Chemical's subscription rebounded in the late afternoon, closing down 0.51%, and Shenzhen High's subscription turned green in the afternoon, Rizhao subscription fell 0.54%. Rizhao subscription fell 3.68%, leading the decline in the market.
In the future, this newspaper still insists on advising investors not to participate in the speculation of put warrants. At present, put warrants have no value. In terms of warrants, Zhang Han, an analyst with Guotai Jun'an, believes that energy conservation and emission reduction is the most explicit and even mandatory policy of the Chinese government in 2008, and the steel industry is the first to bear the brunt. The integration and restructuring of the industry will inevitably bring huge investment opportunities, including Wuhan Iron & Steel It is listed as one of the eight gold shares of energy conservation and emission reduction by Guotai Jun'an Strategy Department. In addition, as of now, the discount rate of steel warrants is relatively high. In addition to the above themes owned by the steel sector, steel warrants will be the focus of attention in the near future. Our reporter Li Qiantao
