《高盛认股证牛熊证》 美团业绩胜预期 留意高杠杆牛57778,轻微价外购26805,中年期沽17063
正股表现:美团(3690)昨日跌约7.1%并在收市後公布截至今年九月底止第三季业绩,期内非国际财务报告准则计算,经调整溢利达20.55代元人民币,按年升5.8%,高於市场预期的中位数。及後有券商指对美团季绩感惊喜,并看好其後市表现,重申「买入」投资评级,目标价上调至350元。美团今日早段曾试图重上300元,惟高见299.6元後升幅收窄。现报290.2元,升不足0.1%。
资金流向:观察个股轮证资金流向,可见昨日认购证获资金转向,录得约5,380万元资金流入,为昨日最多资金流入的认股证相关资产。而牛证於昨日亦录得约2,300万元资金流入。进而观察港股通资金流向,则见昨日北水转向沽出美团,录得约5.5亿元资金净卖出。
产品选择:投资者如看好,牛证方面可留意美团牛57778,与现价有约7元差距。认购证方面可留意年期约3个月,属轻微价外的美团购26805。并可留意行使价较远,年期约3个月的低街货美团购19189。
美团牛57778,收回价283.18元,行使价280.18元,换股比率500,杠杆比率24.5倍,相近收回价牛证中杠杆最高
美团购26805,行使价329.08元,2021年02月23日到期,实际杠杆5.8倍,轻微价外
美团购19189,行使价344.08元,2021年03月01日到期,实际杠杆6.0倍,价外、低街货
投资者如看淡,可考虑以行使价238至293元作为筛选认沽证的条件。并可留意当中3个月期以上产品中,杠杆最突出的美团沽17063。
美团沽17063,行使价260.06元,2021年04月23日到期,实际杠杆4.1倍,行使价238至293元、3个月期以上产品中,杠杆最高
注: 以上数据资料来自高盛认股证牛熊证网站https://www.gswarrants.com.hk/~
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