《高盛認股證牛熊證》騰訊低位反彈 資金兩邊部署 留意貼牛52575,近熊58714,高槓桿沽23777
正股表現:騰訊(0700)昨日失守430元水平,收市跌約3.4%。今早則曾低見415元,繼昨日再創一年新低後反彈。現報425.2元,升約1%,暫止七連跌。
騰訊於本週三公布中期業績,及後有券商指騰訊次季收入按年升20%符合預期,盈利則按年升13%勝預期。而下半年該行則料因考慮到多項監管因素,騰訊收入增長將顯著減慢,但亦料隨著時間公司將受惠於市場有序發展。該行下調騰訊目標價至689元,評級則維持「買入」。
資金流向:觀察個股輪證資金流向,可見好倉於近期持續獲資金積極部署,過去5個交易日共錄得約2.63億元,為同期最多資金流入的相關資產。當中認購證佔約1.78億元,而昨日流入牛證的資金則有約2,540萬元,並分佈在415元以下收回價的產品。
淡倉方面,則見昨日流入熊證的資金較集中在460元以下收回價的貼熊。此外,今早即市見資金兩邊部署。
觀察港股通資金流向,則見昨日北水轉向沽出騰訊,錄得約26.6億元資金淨賣出。
產品選擇:投資者如看好,認購證方面的高槓桿選擇可留意年期約4個月的騰訊購22448。貼價選擇可留意年期約4個月的新上市騰訊購24833。牛證方面的即市選擇可留意屬貼牛的騰訊牛52575,與現價有約15元收回距離。過夜選擇可留意屬遠牛的騰訊牛52570,與現價有約35元收回距離。
騰訊購22448,行使價546.38元,2021年12月31日到期,實際槓桿8.2倍,高槓桿
騰訊購24833,行使價500元,2021年12月28日到期,實際槓桿7.6倍,貼價、新上市
騰訊牛52575,收回價410元,行使價407.2元,換股比率500,槓桿比率18.9倍,市場上首三高槓桿貼牛之一,適合即市操作
騰訊牛52570,收回價390元,行使價387.2元,換股比率500,槓桿比率10.0倍,相近收回價遠牛中槓桿最高,適合持貨過夜
投資者如看淡,認沽證方面可留意屬行使價365至430元間產品中,槓桿最高的騰訊沽23777。熊證方面的近熊選擇可留意新上市騰訊熊58714,與現價有約35元收回距離。遠熊選擇可留意騰訊熊58219,與現價有約55元收回距離。
騰訊沽23777,行使價368元,2022年01月24日到期,實際槓桿5.7倍,行使價365至430元間產品中,槓桿最高
騰訊熊58714,收回價460元,行使價463元,換股比率500,槓桿比率11.3倍,新上市近熊
騰訊熊58219,收回價480元,行使價482.8元,換股比率500,槓桿比率7.3倍,相近收回價遠熊中槓桿最高
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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