Zhang Biao's Daily Economic News
Yesterday, Ping An, China At one time, due to the exhaustion of profit margin, it rebounded strongly to the trading limit, which led to the sharp rise of heavyweight stocks. The warrant market's subscription securities took the opportunity to pull sharply in the session. However, the pressure of unwinding and profit taking as well as the scarcity of following orders made most of these varieties weak. The wave by wave ebb of heavyweight stocks exacerbated the decline of secondary warrants. Ganyue CWB1, COSCO CWB1 ZTE ZXC1 fell by more than 3%. The oversold rebound of Sinopec made Sinopec CWB1 rise by more than 5% at one time in the afternoon, but it continued to decline in the late afternoon, and ended up only 0.17% higher. The recent sharp adjustment of the steel sector has resulted in a cumulative decline of more than 10% in its relevant subscription certificates. Yesterday, the market finally reversed, but many failed. At the end of the market, only WISCO CWB1 remained in the red market, rising slightly by 0.72%, while Vanadium Steel GFC1 and Maanshan Steel CWB1 fell by 0.85% and 0.21% respectively.
The put warrant suffered a new round of "bloodbath", and China Southern JTP1 closed down 10.57%, Wuliang YGP1 Down 10.45%. Wuliang YGP1 has withdrawn its eighth negative line. It is estimated that this situation will continue for some time.
Today, Shanggang Group 291.55 million warrants will be listed on the Shanghai Stock Exchange. The warrant transaction is referred to as "Shanggang CWB1" for short, and the transaction code is "580020".
