Warrants with more red and less green, SAIC subscribes to a unique brand
http://www.sina.com.cn 12:03, May 15, 2008 China Securities Network
This network news (Shanghai Securities News Pan Shengtao) The warrant market rose more than fell less on the 15th, and SAIC subscribed to a super rise driven by the strength of its regular shares.
By the end of the day, SAIC's subscription had risen 5.85% in the morning trading, which was driven by the intraday strength, becoming the leading product. Maanshan Iron and Steel Co., Ltd. and ZTE followed closely with 2.79% and 2.39% increase respectively. In addition, except for the 1% increase in the subscription of Jiangxi and Guangdong, the growth of other rising stocks was less than 1%. Tsingtao Beer, Steel Vanadium and Shanggang became the only three subscription warrants to decline in early trading, with declines of 2.08%, 0.69% and 0.63% respectively.
The selling of China Southern Airlines, which fell sharply yesterday, started to stabilize today, with a small drop of 1.37% in the morning.
According to the analysis, although most products in the warrant market are overvalued, there are still many products with low premium rate and high leverage ratio. In particular, Steel Vanadium GFC1 and WISCO CWB1 have high investment value in the medium and long term.
