《高盛认股证牛熊证》 小米创上市新高後升幅收窄 留意高杠杆购26705,贴价沽26524,低面值贴牛69570
正股表现:小米(1810)自本周二起开始连升,当中昨日升约0.4%。今早继续上升,早上高开1.4%後曾升幅扩大,最高见28.8元,继上月再创上市新高。现报27.85元,升约0.9%。有报导指,小米计划明年将日本研发中心的工程师数量提升一倍,整体员工数量亦提升一倍。
资金流向:观察个股轮证资金流向,可见昨日好仓获资金转向部署,并为昨日最多资金流入的相关资产。当中认购证及牛证分别录得约1,170万及1,310万元资金流入。进而观察港股通资金流向,则见昨日北水继续净买入小米,但资金较早前少,只有约1,800万元。
产品选择:观察市场上的认购证及牛证,可见情况与早前相若。目前最高杠杆的认购证,提供的杠杆只有6倍左右。而市场上部分牛证提供的杠杆更高,更值得留意。
投资者如看好,认购证方面的贴价选择可留意属行使价28至32元间产品中,杠杆最突出的小米购26705。并可留意年期约3个月的高敏感度小米购17434。牛证方面可留意属贴牛的低面值小米牛69570,与现价有约3.2元差距。并可留意更贴价的小米牛52813,与现价有约2元差距。
小米购26705,行使价31.03元,2021年02月24日到期,实际杠杆6.1倍,贴价、行使价28至32元间产品中,杠杆最高
小米购17434,行使价32.43元,2021年03月01日到期,实际杠杆5.9倍,高敏感度
小米牛69570,收回价24.68元,行使价24.28元,换股比率50,杠杆比率7.8倍,低面值、相近收回价贴牛中杠杆最高
小米牛52813,收回价25.88元,行使价25.48元,换股比率10,杠杆比率11.8倍,市场上首三高杠杆之一牛证
投资者如看淡,认沽证方面的贴价选择可留意年期约3个月的小米购26524。熊证方面可留意属远熊的新上市小米熊52836,与现价有约5元差距。
小米沽26524,行使价22.88元,2021年03月08日到期,实际杠杆6.7倍,贴价
小米熊52836,收回价32.88元,行使价33.48元,换股比率50,杠杆比率4.8倍,新上市远熊
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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