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The steel certificate is dim, and Baosteel CWB1 is unique

http://www.sina.com.cn    11:54, August 4, 2008    Panorama Network

On August 4, Panorama reported that the warrant market fell more than rose in the morning. The decline of surrounding stock markets and the non lifting peak in August brought greater pressure on A-shares. The trend of iron and steel warrants was differentiated. WISCO CWB1 and Maanshan Steel CWB1 accounted for the top two declines, while Baosteel CWB1 In the morning, they are tenacious and win the red; In addition, the Olympic Games and consumer concept stocks went well, boosting Tsingtao Beer CWB1 to jump to the first place in early trading.

As the Olympic concept stocks in the A-share market remained strong, Tsingtao Beer CWB1 closed 1.43% higher in the morning, leading the rise in warrant varieties. Others include Baosteel CWB1 SAIC CWB1 As well as the three warrants of Shanggang CWB1, Kangmei CWB1 Flat.

The performance of steel warrants was generally low in the morning, due to the collective sharp decline of related positive shares. However, Baosteel CWB1 made efforts in the middle of the day, rising 2.84% to 1.486 yuan at the highest time, and closing at 1.454 yuan in the morning, up 0.62%. However, other steel warrants did not follow the rising trend of Baosteel warrants. Wuhan Iron and Steel CWB1 and Maanshan Iron and Steel CWB1 fell 2.62% and 2.6% respectively, ranking top 2 in the decline list. Steel Vanadium GFC1 was suspended following the regular shares. Last Friday, Panzhihua Iron and Steel Group III Company: Pangang Steel Vanadium Panzhihua Chongqing Titanium Industry Great Wall The sudden collective rush to the limit of decline has led to market rumors. The company is checking the rumors and the stock has been suspended since August 4.

As of the early closing, there were 6 warrants with a decline of more than 2%, equivalent to half of the total number of losers. Cosco CWB1 was dragged down by the decline of positive shares, closing down 2.40% in the early closing, while Sinopec CWB1 fell 2.15%. (Panorama/Wang Danjin)

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