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The warrant market rose slightly

http://www.sina.com.cn    10:12, September 4, 2008    China Securities Network

China Securities News saw a slight increase in the variety of warrants in the early trading today. As of 10:06, only 10 of the 18 warrants traded rose, among which the steel warrants performed well. WISCO CWB1 (580013) and Maanshan Steel CWB1 (580010) rose by 3.69% and 2.16% respectively, and Steel Vanadium GFC1 (031002) rose by 0.72%, not much; Meanwhile, Tsingtao Beer CWB1 (580021) SAIC CWB1 (580016) fell by 1.05% and 1.00% respectively.

Analysts pointed out that the trend of warrants today is also quite consistent with the regular shares. The warrants of Wuhan Iron and Steel Group and Maanshan Iron and Steel Group Co., Ltd. rose 1.13% and 2.21% respectively as the regular shares rose; Tsingtao Beer and SAIC Warrants also fell to a certain extent due to the decline of 3.34% and 0.48% in equity shares.

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