Overfall rebound short-lived doomsday round slump
http://www.sina.com.cn 13:30, August 19, 2006 China Securities Journal
Our reporter Zhang Xiang
The warrants in mid and late August are destined to be Baosteel JTB1 And Vanke HRP1 Come and play the leading role. In the first two trading days of this week, the two "doomsday rounds" rebounded like a doomsday carnival, but the good times are not long. In the next three trading days, the two warrants fell sharply in succession, with a weekly decline of 21.6% and 40.6% respectively.
The rebound in the first two trading days of this week was led by Baosteel JTB1, and the warrant rose 53.4% in total; As Vanke HRP1 is a put warrant beyond the deep price, it is obviously unpopular and only rose 9.4%. However, as expected by market participants, the rebound of the two warrants ended quickly and soon returned to the downward trend. However, Daqing Tongbo Oilfield Science and Technology Development Company, which hyped Baosteel JTB1, withdrew smoothly after winning huge short-term profits.
At present, the price of Baosteel JTB1 is 0.279 yuan, which is still very high compared with its intrinsic value of 0 yuan. It will be hard to escape the collapse in the last three trading days next week. However, the current price of Vanke HRP1 is only 0.038 yuan, even if it drops by 0.01 yuan, it will also mean a steep drop of 26%.
The remaining 24 warrants that were traded this week showed a steady and strong performance, with the worst performance Yago QCB1 Only 8.29% fell, while two of the 18 warrants that rose more than 10%, Hangang JTB1 And Steel Vanadium PGP1 They rose by 15.61% and 11.72% respectively.
Code name Rise and fall of closing price this week
580003 Hangang JTB1 1.37 15.61%
038001 Steel Vanadium PGP1 0.991 11.72%
580996 Shanghai Market JTP1 1.227 9.65%
580994 Raw water CTP1 0.89 7.10%
580993 Wanhua HXP1 1.343 6.50%
580004 First JTB1 1.648 -2.25%
580007 Changdian CWB1 2.601 -2.66%
580006 YAGO QCB1 2.731 -8.29%
580000 Baosteel JTB1 0.279 - 21.63%
038002 Vanke HRP1 0.038 - 40.63%
Warrants with better and worse performance this week
Data source: Great Wisdom
