《高盛认股证牛熊证》 友邦股价迫近高位 资金两边部署 留意贴价沽24016,远牛65043,近熊68359
正股表现:友邦(1299)上周五发力反弹并重上100元水平,收市升约6.3%,今早继续上升。早段曾升见104.7元,除了突破近三个月高位外,亦迫近一年高位。现报103.1元,升约0.9%。有券商料友邦於内地及香港市场的竞争优势将持续,表现将好於同业。及基於新业务价值强劲增长,该行上调友邦目标价至132元,维持「买入」投资评级。
资金流向:观察个股轮证资金流向,可见认购证及牛证於上周二至上周四皆获资金流入,分别合共约1,150万及520万元後,上周五获资金转向沽出。当中收回价95元以下的牛证於上周五获资金沽出,并有部分转仓至98元以上收回价的贴牛。
淡仓方面,则见认沽证於上周五获资金转向流入,有约520万元。而熊证於上周五则见获资金继续流入,有约200万元,并较集中在110至112元收回区域的产品。
产品选择:投资者如看好,认购证方面的贴价选择可留意价外幅度不足2%,年期约5个月的友邦购28938。低面值选择可留意价外幅度约8%,属长期的友邦购24510。牛证方面可留意属远牛的友邦牛65043,与现价有约10元收回距离。
友邦购28938,行使价105.1元,2021年10月25日到期,实际杠杆7.6倍,贴价
友邦购24510,行使价111.48元,2021年12月23日到期,实际杠杆6.8倍,长期、低面值
友邦牛65043,收回价93元,行使价92.4元,换股比率100,杠杆比率9.9倍,相近收回价远牛中杠杆最高
投资者如看淡,认沽证方面可留意属贴价的长期友邦沽24016。熊证方面可留意属近熊的友邦熊68359,与现价有约7元收回距离。
友邦沽24016,行使价93.83元,2021年12月23日到期,实际杠杆5.6倍,贴价、长期
友邦熊68359,收回价110元,行使价111元,换股比率100,杠杆比率12.3倍,相近收回价近熊中杠杆最高
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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