Subscription warrants continue to rebound
http://www.sina.com.cn 11:38, April 29, 2008 China Securities Network
WASHINGTON (Shanghai Securities News Zhang Xue) On Tuesday, with the return of the market to 3500 points, the warrant market, with the exception of Steel Vanadium GFC1, saw the overall strength of the warrant sector, while the only put warrant, China Southern Airlines JTP1, continued to be sold off.
As of the early closing, except for Steel Vanadium GFC1, the subscription certificates fell by 1.29%, the rest were all in red. Among them, Rizhao CWB1 And Jiangxi Guangdong CWB1, ZTE ZXC1 and Guoan GAC1, increased by more than 5% and 3% respectively.
In terms of put warrant, China Southern Airlines JTP1, the only put warrant, fell again and closed down by 3.44%.
In terms of turnover rate, Rizhao CWB1 and Jiangxi Guangdong CWB1, which had the highest growth rate, were the most active, with turnover rates of 244% and 134% respectively, and the turnover rates of Steel Vanadium GFC1 and Maanshan Steel CWB1 were not more than 20%.
Bohai Securities believes that, in the medium and long term, the excessive increase of warrants relative to the regular shares may lead to the increase of premium rate, which will affect the performance of warrants in the subsequent stage. Therefore, if warrants accumulate a large increase, investors should be cautious when they intervene.
| Topview Expert |
Click to enter |
| * Real time data update: there is no need to wait until the report period when institutions buy today and announce tomorrow |
| * Ledger account statistics: perspective is institutional control or retail position |
| * Interval classified statistical data: reveal stock ownership concentration |
| * Seat transaction statistics: full exposure of individual share seat transactions |
