《高盛認股證牛熊證》 港交所逆市急升 市場預期更多股份回港上市 留意最貼最高槓桿牛50894,貼價購21495,高槓桿沽22339
正股表現:美國證券交易委員會(SEC)通過《外國公司問責法》的修正案,若外國公司不符合美國的審計標準會將被除牌。消息公布後,在美上市的中概股大跌。市場則預期會有更多股份回港上市。
港交所(0388)上週五起連跌四日,累計跌超過7%,當中昨日收市跌約2.9%。今早則早段低見421元的本年初至今低位後逆市反彈。現報447.8元,升約2.8%。有券商看好港交所長期的結構性增長,並重申對其「買入」評級,見標價575元。
資金流向:觀察個股輪證資金流向,可見近期資金持續吸納認購證,過去4個交易日皆錄得資金流入,合共約3,220萬元。而認沽證於昨日亦獲資金轉向,錄得約290萬元資金流入。牛熊證方面,則見昨日牛證獲資金轉向流入。而昨日流入熊證的資金則集中在470至475元的最貼價收回區域產品。
產品選擇:投資者如看好,認購證方面的貼價選擇可留意年期約3個月的高槓桿港交購21495。價外選擇可留意年期約3個月的高槓桿港交購14200。牛證方面可留意屬市場上最貼價、槓桿最高的港交牛50894,與現價有約27.6元收回距離。
港交購21495,行使價488.2元,2021年06月23日到期,實際槓桿9.5倍,貼價、高槓桿
港交購14200,行使價534.08元,2021年06月29日到期,實際槓桿10.0倍,價外、高槓桿
港交牛50894,收回價420.18元,行使價418.18元,換股比率500,槓桿比率13.6倍,市場上最貼價、槓桿最高牛證
投資者如看淡,認沽證方面的貼價選擇可留意價外幅度約7%,年期約3個月的低街貨港交沽28962。高槓桿選擇可留意年期約3個月的低街貨港交沽22339。熊證方面可留意港交熊64369,與現價有約32.2元收回距離。
港交沽28962,行使價419.8元,2021年07月06日到期,實際槓桿7.7倍,貼價、低街貨
港交沽22339,行使價399.8元,2021年06月29日到期,實際槓桿8.6倍,高槓桿、低街貨
港交熊64369,收回價480元,行使價482元,換股比率500,槓桿比率12.9倍,相近收回價熊中槓桿最高
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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