News from our website (Shanghai Securities News Ni Dan) In the morning of the 18th, due to the weak trend of the market, the warrant market also rose less and fell more. Guodian CWB1 (580022. SH) has become today's dark horse. As of 10:42, it was called the crown market with an increase of 4.79%. At present, there are only two varieties that reported red. On the decline list, the eye-catching steel warrants of last week's performance were completely wiped out today. Except for the small decline of Steel Vanadium GFC1 (031002. SZ), Ma Steel CWB1 (580010. SH) Baosteel CWB1 (580024. SH), WISCO CWB1 (580013. SH), with a decline of more than 2%, ranked the top three in terms of decline in the market. However, ZTE ZXC1 (031006. SZ), which experienced ups and downs last week, did not become the focus of the market today due to the massive selling of Citigroup Global in the second half of last week, and its performance was flat today.

Essence Securities believes that if more than half of the current subscription transactions turn from weak to strong, it is the signal to start the subscription. At present, the sudden rise and fall of a single subscription, while the rise of other subscriptions is unsustainable. This situation only shows that the institution is doing short-term work, not that the subscription market is coming. Therefore, investors should calmly and calmly invest in warrants, not "hot headed".