《高盛認股證牛熊證》 騰訊升近4% 重上700元 留意貼價沽22885、中期沽21564,活躍條款近牛60860
正股表現:騰訊(0700)上週五升不足0.1%。今早則重上700元之上,早上高開約2.4%後升幅擴大,最高見715元。現報705元,升約3.4%,跑贏大市。有券商就內地手遊公司尋求將第三方Android應用程式商店提成比率由約50%降至約30%,預料手遊公司會受合理的利潤分成所激勵,爭取可持續長期增長。該行給予騰訊「買入」投資評級,目標價上調至850元。
資金流向:觀察個股輪證資金流向,可見上週資金追捧認購證,5個交易日共錄得約1.75億元資金流入,為上週最多資金流入的認股證相關資產。而認沽證及熊證於上週五皆獲資金轉向,分別錄得約1,630萬及200萬元資金流入。進而觀察港股通資金流向,則見上週北水繼續追捧騰訊,5個交易日共錄得約309.7億元資金淨買入。
產品選擇:投資者如看好,認購證方面可留意屬市場上2個月期以上產品中,槓桿最高的騰訊購14835。貼價選擇可留意行使價800元以下、2個月期以上產品中,槓桿最高之一的騰訊購11205。牛證方面的貼牛選擇可留意屬市場上最貼價、槓桿最高的新上市騰訊購67177。並可留意屬近牛的活躍條款騰訊牛60860,與現價有約28.8元收回距離。
騰訊購14835,行使價800.5元,2021年04月23日到期,實際槓桿7.7倍,市場上2個月期以上產品中,槓桿最高
騰訊購11205,行使價777.5元,2021年04月26日到期,實際槓桿7.3倍,貼價、行使價800元以下、2個月期以上產品中,槓桿最高之一
騰訊牛67177,收回價697.18元,行使價694.68元,換股比率500,槓桿比率37.1倍,新上市、市場上最貼價、槓桿最高牛證
騰訊牛60860,收回價676.18元,行使價673.68元,換股比率500,槓桿比率18.2倍,活躍條款近牛
投資者如看淡,認沽證方面的貼價選擇可留意年期約4個月的高槓桿騰訊沽22885。中期選擇可留意年期約5個月的高槓桿騰訊沽21564。熊證方面的近熊選擇可留意屬活躍條款的騰訊熊58806,與現價有約35元收回距離。遠熊選擇可留意新上市的騰訊熊67417,與現價有約55元收回距離。
騰訊沽22885,行使價595.38元,2021年05月25日到期,實際槓桿7.5倍,貼價、高槓桿
騰訊沽21564,行使價565.38元,2021年06月24日到期,實際槓桿7.0倍,中期、高槓桿
騰訊熊58806,收回價740元,行使價742.5元,換股比率500,槓桿比率19.2倍,活躍條款近熊
騰訊熊67417,收回價760元,行使價762.5元,換股比率500,槓桿比率11.7倍,新上市遠熊
註: 以上數據資料來自高盛認股證牛熊證網站https://www.gswarrants.com.hk/~
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