Panorama News on March 10, affected by the sharp fall of the surrounding stock markets, the Shanghai and Shenzhen stock markets fell again collectively, and the Shanghai Composite Index fell back below 4200 points, with less than 300 stocks rising in both markets. However, a shining star appeared in the warrant market today, with an intraday increase of more than 30% in Shanghai CWB1, driving the strength of the second new option listed last month. Wuliang's put fell sharply for the tenth day in a row, with a drop of more than 10% in afternoon trading.
Xinquan Shanggang CWB1, which was listed on Friday, unexpectedly opened almost flat this morning, and turned green immediately after the opening. This was somewhat unexpected for CWB1, which closed the trading limit in Hong Kong on Friday. However, speculative buying quickly stepped in and pushed its price up all the way. In only 15 minutes, it hit an 18.97% increase. After falling back and consolidation, it was followed by two big rallies, and the increase rapidly expanded to 35.29%. It closed up 27.97% at noon, becoming the most dazzling star variety today. The turnover rate exceeds 400%. The stronger subscription in Hong Kong also drove COSCO CWB1 and Jiangxi Guangdong CWB1 listed last month to rise against the trend, closing up 1.89% and 0.49% respectively in the afternoon trading. However, Sinopec CW1 and ZTE ZXC1 remained weak, both hitting new lows since listing, and closing down 2.88% and 3.81% respectively in afternoon trading. ZTE ZXC1 fell eight days in the 12 trading days after its listing, and its performance was extremely bleak. The performance of high price rights was relatively stable, and Yunhua CWB1 fell slightly by 1.03%, Wuliang YGC1 It was down 1.85%. Guoan GAC1 tested 10 yuan of support in the session, down 1.52%. Depth CWB1 and SAIC CWB1 The decline was more than 3%, Rizhao CWB1 Down 4.31%. The performance of steel rights purchase is slightly differentiated, and the decline of steel vanadium GFC1 is slightly small, 2.57%. Ma Steel CWB1 and Wuhan Iron and Steel CWB1 both fell by more than 3%. Shenzhen Stock Exchange SFC2 hit the second lowest price since its listing, leading the decline in the market with a decline of 5.57%. As there are few hot spots in the rights market, the trading of options continues to shrink, and the situation that the turnover in the afternoon market is less than 100 million yuan also reappears, with a total of three options of Shenzhen Gaosheng, Rizhao and Shenzhen Fa hovering below 100 million yuan.
The put right continued to diverge, and Wuliang's put, which entered the last 13 trading days, continued to decline sharply, with a decline of 11.68% in the afternoon trading, which was also the tenth consecutive day of decline. However, China Southern JTP1, at a lower price, was favored by speculative funds and showed an active performance. It rose several times in the middle of the session, and its trading picked up somewhat. It closed in the red market with an increase of 2.38%.
A total of 8.493 billion yuan of call warrants and 4.723 billion yuan of put warrants were traded in both cities. Compared with the situation that the turnover did not exceed 10 billion yuan last Friday afternoon, it has improved. (Panorama/Thunderstorm)
