China Southern Airlines led the decline in the selling of subscription certificates

WASHINGTON (Shanghai Securities News Ma Jingyu) In the morning of the 28th, although the market was weak and reported green, the active performance of some individual stocks still brought opportunities for warrant investment. In the morning trading, the subscription certificates were widely popular. Only two subscription certificates were reported in the green market. China Southern Airlines' early selling led the decline.

As of the early closing, 14 warrants in the two markets were up and down on 11, and the rising warrants were all subscription types, of which SAIC CWB1 The biggest increase was 5.07%, closing at 6.216 yuan in the morning, the half day turnover rate reached 88.88%, and the turnover of 1.25 billion yuan was significantly smaller than the same period of the previous trading day. Jiangxi Guangdong and Tsingtao Beer subscription certificates were up 3.06% in morning trading, and Wuhan Iron and Steel, Shanghai Hong Kong and COSCO subscription certificates were up 2%. However, compared with the previous Friday, the trading of majority warrants has shrunk.

In the morning, Shenzhen Stock Exchange and Sinopec followed the positive stock in the green market, closing down slightly in the morning. China Southern Airlines JTP1 opened high and closed low at 0.541 yuan in the morning, down 3.57%. The half day turnover rate was 73.20%, lower than the previous trading days. The turnover of 5.056 billion yuan only reached one-third of the turnover of last Friday.

An analyst said that China Southern JTP1 suppressed the price near the 60 day moving average, so there is limited room for long. Given its intrinsic value is zero, investors are advised to stay away from the speculation of the warrant. At the same time, some analysts said that investors should pay full attention to technical analysis in the investment of overvalued warrants. If there are no warrants that are seriously undervalued, then investors should choose technically strong warrants to operate. In addition, the trend of positive shares is also a necessary reference condition for investors to invest in warrants.