《高盛認股證牛熊證》騰訊下試低位後反彈、北水轉向吸納 好倉留意貼價購12105、高槓杆購12127,近牛63631
正股表現:騰訊(0700)於週一見325.2元的一個月低後連日整固。而今日受內地股市見底反彈氣氛好轉利好,資金積極吸納騰訊。現報337.6元,升約0.8%。有券商表示受多方負面因素影響下,內地科網股自過去14個月以來至今已累計跌逾60%。該行亦表示目前內地科網股估值中已反映了市場預期經濟利潤將顯着下降等因素,及指從基本情境假設下,股價具上漲空間。
資金流向:觀察港股通資金流向,昨日北水轉向買入騰訊,錄得約4億元資金淨買入。
觀察個股輪證資金流向,昨日好倉及淡倉皆獲資金轉向流入,當中好倉錄得約320萬元資金流入。淡倉於昨日錄得約370萬元資金流入,並見流入熊證的資金較集中在355元收回區域的產品。
產品選擇:投資者如看好,認購證方面的高槓杆選擇可留意屬行使價340至440元間、3個月期以上產品中,槓桿最高的騰訊購12127。 貼價選擇可留意屬行使價400元或以下產品中,槓桿最高的騰訊購12105,爲熱門活躍條款,高對衝值,較緊貼正股升跌。長期選擇可留意換股比率500兌1的騰訊購17327,爲低時間損耗,適合中長線部署。牛證方面的近牛選擇可留意騰訊牛63631,遠牛選擇可留意騰訊牛63115,與現價有約30及40元收回距離。
騰訊購12127,行使價430元,2022年09月16日到期,實際槓桿7.3倍,行使價330至440元、3個月期以上產品中,槓桿最高
騰訊購12105,行使價400元,2022年09月16日到期,實際槓桿6.6倍,貼價、行使價400元或以下產品中,槓桿最高
騰訊購17327,行使價427.18元,2023年01月09日到期,實際槓桿5.2倍,低時間損耗值,適合中長線部署
騰訊牛63631,收回價310元,行使價307.2元,換股比率500,槓桿比率10.5倍,相近收回價近牛中槓桿最高
騰訊牛63115,收回價300元,行使價297.2元,換股比率500,槓桿比率8.2倍,近40元收回距離遠牛
投資者如看淡,認沽證方面可留意屬中期的低街貨騰訊沽12853。熊證方面可留意屬貼熊的新上市騰訊熊55426,與現價有約20元收回距離。
騰訊沽12853,行使價260元,2022年09月19日到期,實際槓桿4.5倍,中期、低街貨
騰訊熊55426,收回價360元,行使價363元,換股比率500,槓桿比率12.4倍,新上市貼熊
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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