Zhang Biao's Daily Economic News
On Monday, although the core blue chip banking stocks led by ICBC and BOC shot up and fell back, the overall launch of the second tier blue chip, especially the chemical sector, drove the market to continue to rise and moved closer to the previous high. The warrant market is green, fat and red. Only six warrants, such as Yunhua CWB1, Handan Steel Warrants and Capital Call Warrants, rose. The sharp rebound in the past two weeks made the warrant market face greater selling pressure. The biggest drop was all put warrants.
It is worth noting that all the steel subscription certificates rose, indicating that the potential of the midline of steel stocks with acquisition and merger, overall listing theme and low P/E ratio can not be underestimated.
Therefore, this column believes that the subscription certificates of Handan Iron and Steel Group and Baotou Iron and Steel Group, which still have a premium rate of less than 5%, are about to expire and exercise, but they are likely to reappear the doomsday market of the subscription certificates of Wuhan Iron and Steel Group. It is suggested that investors should boldly bargain in the subscription certificates of Handan Iron and Steel Group and Baotou Iron and Steel Group, hold them in the middle line, and not drop their hands in the absence of Changyang. At the same time, the Olympic concept and finance negotiable securities , public water and other topics of the first subscription certificate, the midline potential is still huge, can continue to be optimistic, bargain hunting.
In addition, since the launch of Cloudchem CWB1, the main capital has become the fourth highest priced warrant due to its small size Yuntianhua Yesterday's closing price was 21.52 yuan, and the exercise price was 18.23 yuan. Its intrinsic value was only (21.52-18.23)=3.29 yuan! It can be seen that the current price of Yunhua CWB1 is 14.112 yuan, which has overdrawn the valuation of the positive shares after the performance growth in the next three years. The risk is self-evident. It is suggested that investors holding distribution warrants should sell them decisively at the opening today.
