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Hot money plays Guoan's doomsday round, soaring by more than 15%

http://www.sina.com.cn    15:14, September 8, 2009    China Securities Network

   The doomsday round hype resurges, hot money plays Guoan GAC1

China Securities News (reporter Ni Dan)

At the close of the 8th day, the market rose again in large volume today, and the warrant market rebounded rapidly. As of the close, only Changhong CWB1 (580027. SH), Gezhou CWB1 (580025. SH), and Sinopec CWB1 (580019. SH) were green, with a decline of less than 1%. On the list of gainers, Guoan GAC1 (031005. SZ) rose again in a straight line in the afternoon. The intraday increase once exceeded 17%, and finally closed at 4.333 yuan, up 15.15%, ranking first in the list of gainers in the power market.

Market insiders believe that today's warrant market is following the strong counter attack of the market in the afternoon, and Guoan GAC1 reappears the doomsday round of soaring market, and hot money speculation is crazy. Investors should be vigilant against such hot money participation in the doomsday round of warrant market speculation. After all, it is difficult for retail investors to track the fast moving hot money.

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