《高盛認股證牛熊證》中汽協澄清不實傳聞 比亞迪、小鵬未受影響兼跑贏大市 留意比亞迪高槓桿購25196、貼價沽15236,小鵬高槓桿購11640
正股表現:有報導引述消息,指汽車下鄉政策有望在下月初出台,補貼範圍預計每輛3,000至5,000元人民幣,但日前中汽協已回應傳聞不實。
比亞迪(1211)近期表現強勢,本週一升近7%後本週二突破260元收市,昨日未有跟隨大市下跌,今早更高開約2.1%後曾突破270元水平,最高見271.6元,突破4個月高位。現報267.6元,升約3.1%。
昨日跌約3.9%的小鵬(9868),今早急彈,最高見97.7元的半個月高位。現報97.05元,升約6.8%。反觀昨日跌約0.8%的長汽(2333),今早高開後倒跌。現報12.16元,跌約1.6%。
資金流向:觀察個股輪證資金流向,比亞迪好倉於昨日獲資金轉向流入,有約440萬元。淡倉則於本週二至本週四共錄得約1,070萬元資金流入。
產品選擇:投資者如看好比亞迪,認購證方面的高槓桿選擇可留意年期約2個月的比迪購25196。貼價選擇可留意年期約3個月的低街貨比迪購15235。長期選擇可留意比迪購18804。牛證方面可留意新上市比迪牛54329,與現價有約35元收回距離。
比迪購25196,行使價300元,2022年07月25日到期,實際槓桿6.7倍,高槓桿
比迪購15235,行使價289.08元,2022年08月24日到期,實際槓桿5.0倍,貼價、低街貨
比迪購18804,行使價264.08元,2022年12月21日到期,實際槓桿3.1倍,長期
比迪牛54329,收回價230元,行使價226元,換股比率500,槓桿比率6.4倍,新上市
投資者如看淡比亞迪,認沽證方面可留意年期約4個月,屬貼價的低街貨比迪沽15236。熊證方面可留意屬遠熊的比迪熊62316,與現價有約25元收回距離。
比迪沽15236,行使價200元,2022年09月27日到期,實際槓桿3.7倍,貼價、低街貨
比迪熊62316,收回價290元,行使價294元,換股比率500,槓桿比率9.8倍,相近收回價遠熊中槓桿最高
投者如看好小鵬,高槓桿選擇可留意年期約5個月的低街貨小鵬購11640。貼價選擇可留意年期約4個月的低街貨小鵬購16683。投資者如看好長汽,可留意年期約6個月,屬貼價的長汽購13171。
小鵬購11640,行使價138.78元,2022年10月21日到期,實際槓桿3.6倍,高槓桿、低街貨
小鵬購16683,行使價108元,2022年09月07日到期,實際槓桿3.1倍,貼價、低街貨
長汽購13171,行使價14.7元,2022年11月22日到期,實際槓桿3.3倍,貼價、中期
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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