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Warrant varieties have rebounded moderately

http://www.sina.com.cn    10:54, July 28, 2008    China Securities News - China Securities Network

As of 10:47, most warrant varieties have rebounded moderately. Among them, WISCO CWB1 (580013), Masteel CWB1 (580010), Sinopec CWB1 (580019) and SAIC CWB1 (580016) and other varieties increased by 3.12%, 2.17%, 1.44% and 1.25% respectively.

Analysts pointed out that the market in both cities has rebounded significantly, which has stabilized the confidence of warrant investors to a certain extent. At the same time, the benchmark crude oil futures price of the New York Mercantile Exchange recently fell to 123.26 dollars per barrel, a new low in seven weeks. This is conducive to the current rebound of petrochemical, automotive and other sectors, and further led to the moderate rebound of corresponding warrant varieties.

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