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Weak warrant market led by Sinopec CWB1

http://www.sina.com.cn    11:52, July 25, 2008    China Securities Network

Our network news (Shanghai Securities News Ni Dan): The warrant market still rose less than it fell more than it did on the morning of the 25th, with a rise/fall ratio of about 2:7. On the market, the increase of Ejiao EJC1 (031007. SZ) slightly shrank to 2.52%, but still ranked the first in the power market. In addition, the individual stocks that reported red were Tsingtao Beer CWB1 (580021. SH), Guodian CWB1 (580022. SH) and ZTE ZXC1 (031006. SZ). In addition to the above four warrants, the rest of the shares were closed in the green market. Among them, Sinopec CWB1 (580019. SH), with a large circulation, ranked first in the decline of warrants, Rizhao CWB1 (580015. SH) was ranked second in the decline of the stock market, and the performance of steel subscription certificates was also poor today, most of which were at the top of the decline list.

Market participants believe that the overall trend of the warrant market today is relatively weak. Except Ejiao EJC1, other petrochemical, steel and other subscription certificates are wandering in the green market, leading the market down.

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