《高盛認股證牛熊證》阿裏連彈兩日 股價創3周高 留意貼牛66706,高敏感度購19725,高槓杆沽18636
正股表現:阿裏(9988)昨日突破120元水平,今早繼續上升。早段高見126.5元,再突破3周高位後升幅收窄。現報123.8元,升約2.3%,跑贏大市。
有券商指中國股票在去年大幅回調後將表現良好,股價將過渡至「希望」階段。並料監管方面將更加清晰及改善,對互聯網行業是好兆頭。該行「建議買入」在前所未有的監管整頓中受重創的互聯網公司,並認爲內地科網股股價昨日回調提供了一個切入點,以捕捉長期的行業前景。該行重申對內地科網股前景和2022年首選股的樂觀看法,當中阿裏獲列該行內地電商領域中首選之一。
資金流向:觀察個股輪證資金流向,可見認購證於本週三及本週四共錄得約420萬元資金流入。牛證於昨日繼續獲資金流入,有約380萬元,並集中在貼價收回區域的產品。
淡倉方面,亦見昨日獲資金轉向流入,認沽證錄得約60萬元資金流入。流入熊證的資金有約230萬元,並較集中在135元收回區域的遠熊。
產品選擇:投資者如看好,牛證方面可留意屬貼牛的阿裏牛66706,與現價有約8元收回距離。認購證方面可留意屬換股比率50兌1的阿裏購19725,屬敏感度高,即追蹤正股上落能力較強,適合即市部署。高槓杆選擇可留意年期約5個月的低面值阿裏購15636。
阿裏牛66706,收回價115元,行使價113元,換股比率100,槓桿比率11.3倍,相近收回價貼牛中槓桿最高
阿裏購19725,行使價148.98元,2022年05月26日到期,實際槓桿5.8倍,高敏感度50兌1證,適合即市部署
阿裏購15636,行使價152.1元,2022年05月23日到期,實際槓桿6.4倍,高槓杆、低面值
投資者如看淡,認沽證方面可留意屬行使價100至130元間、3個月期以產品中,槓桿最高的阿裏沽18636、熊證方面可留意屬遠熊的阿裏熊54057,與現價有約26元收回距離。
阿裏沽18636,行使價109.9元,2022年04月22日到期,實際槓桿4.2倍,行使價100至130元間、3個月期以產品中,槓桿最高
阿裏熊54057,收回價150元,行使價152元,換股比率500,槓桿比率4.1倍,相近收回價遠熊中槓桿最高
注: 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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