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The sharp fall of the HSI stimulated the relevant put securities to rise significantly

http://www.sina.com.cn    17:05, August 28, 2008    China Securities Network

China Securities News On the 28th, the Hang Seng Index fell nearly 500 points throughout the day, again falling below the 21000 point mark, which stimulated the strength of Hang Seng index related put warrants. The Hang Seng Index UBS Jiuyi Bear R (30963. HK), the Hang Seng Index UBS Jiuyi Bear U (30964. HK), the Hang Seng Index Faxing Jiuyi Bear K (31105. HK) and the Hang Seng Index Deutsche Bank Jiusi Bear B (31006. HK) rose 71.26%, 48.04%, 47.12% and 47.06% respectively.

Analysts said that the strength of the HSI put warrants today was mainly driven by the sharp pullback of Hong Kong stocks today. If Hong Kong stocks continue to find the bottom in the near future, the HSI put warrants are expected to continue to show off the market.

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