Sina Finance

Baosteel Changhong Continues to Drive the Warrant Market Up

http://www.sina.com.cn 12:06, July 7, 2008 Panorama Network

On July 7, Panorama News, the senior management made another speech to maintain stability, and the medium-term performance of the large market banking stocks was excellent. Today, the stock indexes of the two cities opened high and went high. With the full recovery of the heavyweight stocks, they soared all the way, and the number of individual stocks fell by less than 20 in the afternoon. Baosteel unexpectedly closed the price limit for the second day in a row in the morning trading today, but it was soon opened by selling. However, the half day increase was still more than 20%, which was quite strong, boosting the steel rights purchase in both cities to continue to lead the rise, and the warrant market returned to the pattern of general growth.

   Baosteel CWB1 At the beginning, it maintained a limit increase of 34.98%, but soon it was opened by millions of orders, and went down with the shock. In the afternoon, it recovered some of the increase, and closed at 26.25%, with a turnover rate of 215.32%, ranking first in the half day growth, turnover and turnover rate of the market. Under the influence of Baosteel's strong and volatile subscription, WISCO CWB1 and Maanshan Iron and Steel CWB1 rose close behind, up 6.72% and 5.34% respectively in the afternoon trading. Even the steel vanadium GFC1, which usually performs the most insipid, rose 3.86%, ranking the sixth in the increase list. Among the new options, Shenzhen High CWB1 and Guoan GAC1 were active, rising 5.22% and 3.93% in the afternoon trading. in addition SAIC CWB1 The growth of Jiangxi Guangdong CWB1 and Petrochemical CWB1 also exceeded 3%. The remaining COSCO CWB1, ZTE ZXC1, Shanggang CWB1, Tsingtao Beer CWBb1 Kangmei CWB1 Both Guodian CWB1 and Guodian CWB1 gained more than 2%.

A total of 15.911 billion yuan was traded in the afternoon warrant market, which was close to the full day trading level of the previous trading days. The outbreak of Baosteel's subscription became the absolute focus of the morning power market. According to the current trading status, there should be no problem that the turnover today exceeds the high point of last week. (Panorama/Thunderstorm)

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