WASHINGTON (Shanghai Securities News Ni Dan) In the afternoon of the 16th, as the market fell back again in the afternoon, the warrant market also fell. As of 14:00, only four major varieties of the market reported red. At present, ZTE ZXC1 (031006. SZ) still led the rise, but the rise has narrowed earlier. Petrochemical CWB1 (580019. SH), although down in the afternoon, still reluctantly reported red, It has become a major contributor to the stability of the power market, and the steel plate has been completely covered. At present, the four major steel varieties have turned green.
Market insiders said that under the influence of the collective fall of overseas stock markets, the market fell again in the afternoon, which led to the weakness of the warrant market, with the increase narrowing and the number of green varieties increasing gradually. Although the "hot money" switch to warrants once stabilized the market, it was still unable to promote a sharp rebound in the market.