Sina Finance

Petrochemical subscription fell by more than 10%, imitating the doomsday put option

http://www.sina.com.cn 11:06, March 5, 2008 Panorama Network

Panorama, March 5 - The petrochemical CWB1 listed yesterday created the worst trend on the first day of the listing of new rights, and its performance today will rewrite the worst trend on the next day of the listing of new rights. Because today SINOPEC (China Petrochemical Corporation It fell by more than 4%, and Sinopec CWB1 inevitably followed the trend. Its maximum decline was more than 11%, almost mimicking the unilateral downward trend of the doomsday selling, which was really ugly. Its premium rate continues to climb, reaching more than 50%. (Panorama/Thunderstorm)

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