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 Finance and Economics

Baosteel JTB1 Vanke HRP1 plummeted to a new low in two doomsday rounds

http://www.sina.com.cn 05:47, August 18, 2006 China Securities Journal

Our reporter Zhang Xiang

After turning into a downward trend on Wednesday, Baosteel JTB1 ( information quotation forum ) And Vanke ( information quotation forum ) HRP1 ( information quotation forum ) Yesterday ushered in a more violent diving. Baosteel plummeted 32.34%, hitting a new low of 0.338 yuan; and Vanke HRP1 It also dropped 16.39%, and once reached the 0.05 yuan mark.

The crazy speculation that Baosteel JTB1 rose 53.37% in the first two trading days of this week is bound to be a "return to light" type speculation. After a 37.55% slump in the past two days, its price not only fell back to its starting point, but also hit a new historical low. However, Daqing Tongbo Oilfield Technology Development Co., Ltd., the famous warrant sniper, was successful and successfully withdrew from the list of "large proportion holders" on Wednesday. Vanke HRP1 rebounded weakly in the first two trading days of this week, but fell sharply in the last two days, making its cumulative decline since Monday as high as 20.31%, much higher than Baosteel JTB1 (4.21%).

The remaining warrants were not significantly affected by the two "doomsday rounds", and basically followed the trend of A-share and performed accordingly. As a result of the market adjustment yesterday, the call warrants weakened across the board, while the put warrants rebounded slightly.


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