Trainee reporter Gui Yanmin
Yesterday, the put warrants collectively "plunged", which is the second collective action of this sector since last Friday.
Yesterday, the collective "diving" phenomenon occurred again in put warrants, with single shares falling more than 10%, the largest decline CIMC ZYP1 24.48%, minimum decline CMB CMP1 12.41%; Last Friday, the put warrants have been "diving" together once, with the maximum decline of CMB CMP1 of 18.71% and the minimum decline of Zhongji ZYP1 of 12.35%. For two consecutive trading days, the average single put warrant fell by 34.43%, and the total market value decreased by 7.269 billion yuan.
According to Chen Weiran, a derivative analyst at Guotai Junan, the downward trend of put warrants is irreversible and the ebb tide is coming. "The market of put warrants is coming to an end, and the probability of a rebound in the future market is very small, at most it is a small fluctuation, because the previous put was entrusted too high." Dongfang negotiable securities Analyst Huang Dong also believes that the originally worthless put warrants are indeed entrusted too high, and the return to downward adjustment should be the general trend in the future.
In addition, a large number of China Southern Airlines JTP1 created by brokers have not yet been sold on the market. According to data, since its listing on June 26 to yesterday, China Southern Airlines JTP1 has successively created a total of 2.838 billion shares by 16 brokers. For brokers, the cost of this part of warrants is extremely low, but for the future market, it has formed a huge pressure to sell short.
