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《瑞銀窩輪》地產房託借減息反彈 留意CALL新地15679、領展16670
阿思達克 03-04 15:39
美國聯儲局週二(3月3日)突然宣佈因為疫情情況減息0.5%,刺激美股當晚大幅波動,恆指週三(3月4日)曾再度下試26000點心理關口,雖然有支持但亦未有受惠減息而大升。反觀過去大半年因香港社會運動、以及疫情影響的本地地產股及房託股份則錄得較大升幅。無疑巿場投資者對這個板塊的前景存在很大疑惑,不過觀乎其走勢,則似乎已反映部份利淡因素。以新地(0016)為例,今年低位為1月底的107.5港元,仍守於去年8月106港元的低位之上,反映股票投資者在疫情巿況中,仍較去年香港社會事件時樂觀。投資者可留意新地股價積弱後,能否借減息反彈。而房託龍頭領展(0823)則於週二(3月3日)創過超過1年低位,但週三反彈力度則較地產股強,事實上在環球再度重啟減息的大環境下,領展的股息率隨著股價創低位,其息率已重上3.8厘,應該吸引不少投資者留意。若看好這個板塊,可留意新地或領展牛證:新地認購15694,行使價128.98港元,20年12月到期,有效槓桿約7.6倍。新地牛證59599,收回價103港元,20年12月到期,有效槓桿約12.倍。領展認購16670,行使價78.83港元,20年8月到期,有效槓桿約9.4倍。領展牛證52937,收回價70港元,20年12月到期,有效槓桿約13.倍。反彈過後淡倉選擇:領展熊證52939,收回價82港元,20年12月到期,有效槓桿約6.9倍。新地熊證59596,收回價127港元,20年9月到期,有效槓桿約6.1倍。筆者持有領展更多窩輪牛熊資訊:瑞銀證網站: www.ubs.com/hkwarrants窩證教學及巿況焦點短片:https://www.youtube.com/channel/UCKw86qy4eBAInmd52MND45Q?view_as=subscriber周國威董事瑞銀亞洲股票衍生產品銷售部本產品並無抵押品。 如發行人無力償債或違約,投資者可能無法收回部份或全部應收款項。筆者為UBS AG的代表(作為證監會持牌人),並未持有相關上市公司的任何財務權益。本資料由瑞銀刊發,其並不構成買賣建議、邀請、要約或遊說。結構性產品價格可急升或急跌,投資者可能會蒙受全盤損失。過往表現並不反映將來表現。牛熊證備強制贖回機制而可能被提早終止,屆時 (i) N類牛熊證投資者將不獲發任何金額;而(ii) R類牛熊證之剩餘價值可能為零。投資前應瞭解有關風險,並諮詢專業顧問及查閱有關上市文件。UBS Securities Hong Kong Limited為結構性產品之流通量提供者,亦可能是唯一報價者或巿場參與者。(C) UBS 2020。版權所有。~重要聲明: 以上資訊由第三方提供,AASTOCKS.com Limited對於任何包含於、經由、連結、下載或從任何與本網站有關服務所獲得之資訊、內容或廣告,不聲明或保證其內容之正確性或可靠性。對於您透過本網站上之廣告、資訊或要約而展示、購買或取得之任何產品、資訊資料,本公司亦不負品質保證之責任。
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