《匯豐輪證》潤電盈警後昨初先反彈 欲追好倉可留意購證22374
華潤電力(0836)早前發盈警,指受到燃煤成本大幅上升影(口向),預告去年純利跌七至八成。而最新公布的上月附屬電廠總發電量約1,683萬兆瓦時,按年及按月分別升2%及跌4%。除了基本因素,公司計劃分拆可再生能源部門由內地轉至香港上市,均令市場失望,引發股價按月急挫超過一成。不過,亦有大行認為下跌為吸納的機會,發表研究報告對公司維持「增持」評級,目標價介乎20-34元。昨日股價收報17.06元,暫以早前低位15.36元作為支持參考。如認同大行看法,好倉可留意潤電認購證22374,行使價 25.68 元, 2022年7月到期 ,實際槓桿 4.6 倍
新能源方面就走勢相反,信義(0968)股價於早前12元付近低位反覆向上,近日更升破100天線,短期可參考近15.5元的去年底浪頂。欲追強勢可留意信光認購證19580,行使價 16.9 元,2022年6月到期,實際槓桿 4.5 倍。
匯豐輪證焦點
潤電認購證22374,行使價 25.68 元, 2022年7月到期 ,實際槓桿 4.6 倍。
信光認購證19580,行使價 16.9 元, 2022年6月到期 ,實際槓桿 4.5 倍。
陳恩因
匯豐環球資本市場機構客戶及財富管理聯席總監
更新日期及時間: 2022年02月18日 上午10:30
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結構性產品屬複雜產品,投資者務須就此審慎行事,除非投資者完全了解及願意承擔所涉風險,否則切勿投資此產品。結構性產品價格可急升可急跌,投資者或會損失所有或大部分投資。過往表現並不反映將來表現。投資前應了解結構性產品之性質及風險,並詳閱有關上市文件,獨立決定是否適合自己,若需要應諮詢專業建議。本行及其委任之流通量提供者可能是結構性產品的唯一市場參與者,而結構性產品的二級市場可能有限。謹請注意,牛熊證設有強制收回機制,因此有可能提早終止,在此情況下(i)N類牛熊證投資者會損失於牛熊證的全部投資;而(ii)R類牛熊證之剩餘價值則可能為零。
買賣與美國指數掛鉤的結構性產品可能帶有額外風險,包括:(a)與交易日和交易時間差異有關的風險;(b) 有關指數的公開資料較少,或未有提供中文版本;(c) 與指數有關的政治和經濟風險(例如美國);(d) 匯率風險; (e) 可能延遲結算及(f) 在成份股並無交易時公佈指數水平。
作者為金管局及證監會持牌人士,並無就結構性產品或相關資產持有任何直接或間接權益。~
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