On January 5, Panorama reported that, boosted by the State Council's plan to revitalize the economy, nonferrous metals, steel and other beneficiary sectors rose significantly, boosting the warrant market to a good start in the New Year. WISCO CWB1 rose more than 10% in the session, which became a rare performance in recent years, and the overall market turnover rebounded significantly.

The steel sector showed a strong trend in the morning. A number of steel stocks in the A-share market rose by the limit. WISCO CWB1 and Baosteel CWB1 in the power market rose by 9.30% and 5.27% respectively, ranking first and third in the power market in the afternoon. At the same time, Jiangxi Copper CWB1, boosted by favorable policies and the effect of stock purchase, also rose 5.31%, closely following WISCO CWB1. ZTE ZXC1, on the other hand, was affected by the news that the 3G license was determined to be issued. It opened up sharply by nearly 10% in the morning, but then gradually declined due to profit selling pressure, and its rise narrowed to 4.41% in the afternoon.

The performance of other warrants was significantly affected by the market and rose slightly. Yunhua CWB1 became the only variety that turned green in the morning, maintaining a slight increase of 0.62% in the afternoon. The trading and investment of warrants are obviously polarized. The three metal warrants and petrochemical CWB1, the four king kong companies, jointly contributed nearly 6 billion yuan in turnover, accounting for nearly two-thirds of the trading volume in the afternoon market.

In the afternoon market, a total of 9.451 billion yuan was traded in the warrant market, double the turnover of the same period on the last trading day last year. Judging from the activity of intramarket trading, the enthusiasm of capital participation is high, and the rebound time may continue. (Panorama/Thunderstorm)