《瑞銀窩輪》ATM中美團企穩 看好可留意美團認購27229、美團牛證64561
受外圍股市連日來急挫的情況下,港股亦受壓,本周一下跌738點,險守21000點收市,直至周二,港股市況持續波動,曾下跌至20700點水平左右,午後恆指反覆追落後,重回周一收市水平,收報21067點。
美團(3690)本周一股價下跌6.5%,收報188.2港元,及至周二美團微低開,原以為美團股價會受大市所影響繼續向下,沒料到美團股價不跌反升,全日上升3.3%,收報194.4港元,上望200港元水平。由於ATM中美團表現相對企穩,根據瑞銀周二資金流,投資者普遍看好美團的股價走勢而積極部署美團的相關好倉。如投資者看好美團,可留意美團認購27229,行使價250.2港元,22年10月到期,有效槓桿約5倍。如希望以牛證作部署的投資者亦可留意美團牛證64561,收回價173.9港元,行使價170.9港元,23年2月到期,有效槓桿約7.6倍。如投資者看淡美團,可留意美團熊證51721,收回價210港元,行使價213港元,23年3月到期,有效槓桿約10倍。
周二開市後騰訊(0700)、阿里(9988)股價向下,騰訊曾低見368.2港元;阿里亦曾低見97.7港元水平,其後騰訊、阿里開始追落後,跌幅一直收窄,最終騰訊股價微跌0.3%,收報376港元;阿里跌幅收窄至2.5%,收報101.2港元,100港元大關失而復得。根據瑞銀周二資金流,騰訊、阿里的相關好倉得資金支持,反映投資者都希望博其股價反彈。在騰訊、阿里股價向下加上期權市場的走勢,留意到騰訊、阿里的認股證產品的相關引伸波幅有所上升,如騰訊、阿里跌勢持續而投資者希望短線捕捉其股價走勢博股價反彈,短線看好騰訊可留意騰訊認購12156,行使價450.2港元,22年9月到期,有效槓桿約8.6倍。如投資者看好阿里,可留意阿里認購13917,行使價120.1港元,22年9月到期,有效槓桿約5.1倍。如希望避開受引伸波幅變化所影響,可以牛證作部署,如投資者看好騰訊,可留意騰訊牛證50113,收回價345港元,行使價342港元,23年2月到期,有效槓桿約10倍。如投資者看好阿里,可留意阿里牛證50093,收回價89港元,行使價87港元,23年2月到期,有效槓桿約6.5倍。
另外,近日長城汽車(2333)股價上揚,跑贏其他汽車股,最新長汽股價升3.3%,收報16.3港元,升穿其100天線水平,近日亦有較以往多的投資者查詢長汽的相關輪證部署。如投資者看好長汽,可留意長汽認購28454,行使價21.33港元,22年8月到期,有效槓桿約5.9倍。如投資者看淡長汽,可留意長汽熊證50241,收回價18.8港元,行使價19.6港元,22年12月到期,有效槓桿約4.9倍。
更多窩輪牛熊資訊:瑞銀認股證牛熊證網站: http://www.ubs.com/hkwarrants
輪證教學及巿況焦點短片:
https://www.youtube.com/channel/UCKw86qy4eBAInmd52MND45Q?view_as=subscriber
謝宛彤
副董事
瑞銀亞洲股票衍生產品銷售部
本產品並無抵押品。 如發行人無力償債或違約,投資者可能無法收回部份或全部應收款項。筆者為UBS AG的代表(作為證監會持牌人),並未持有相關上市公司的任何財務權益。本資料由瑞銀刊發,其並不構成買賣建議、邀請、要約或遊說。結構性產品價格可急升或急跌,投資者可能會蒙受全盤損失。過往表現並不反映將來表現。牛熊證備強制贖回機制而可能被提早終止,屆時 (i) N類牛熊證投資者將不獲發任何金額;而(ii) R類牛熊證之剩餘價值可能為零。投資前應瞭解有關風險,並諮詢專業顧問及查閱有關上市檔。UBS Securities Hong Kong Limited為結構性產品之流通量提供者,亦可能是唯一報價者或巿場參與者。(C) UBS 2022。版權所有。~
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