《高盛認股證牛熊證》 比亞迪逆市倒跌 今年至今出口同比增長10.6倍 留意高敏感度購18004、高槓桿購11237,中期沽17846
正股表現:比亞迪(1211)昨日反彈,升約1.1%,今早逆市下跌。早上輕微低開後曾失守260元水平,最低見259.4元。現報261.2元,跌約1.1%。據中汽協數據顯示,今年初至六月底,比亞迪共出口8.1萬輛整車,同比增長達10.6倍。有報導指比亞迪仰望U8豪華版料將在八月正式上市,並料九月開啟陸續交付。
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,錄得約300萬元資金流入。淡倉於本週一及本週二共錄得約360萬元資金流入後,本週三及本週四獲資金轉向沽出。
產品選擇:投資者如看好比亞迪,認購證方面的高敏感度選擇可留意低街貨比迪購18004。高槓桿選擇可留意屬2個月期以上產品最高槓桿的比迪購11237。中年期選擇可留意比迪購16945,時間值損耗較低。牛證方面可留意比迪牛61770,與現價有約40元收回距離。
比迪購18004,行使價280.2元,2023年09月28日到期,實際槓桿8.9倍,高敏感度、低街貨
比迪購11237,行使價309.08元,2023年09月02日到期,實際槓桿11.6倍, 2個月期以上產品最高槓桿
比迪購16945,行使價289.08元,2023年12月19日到期,實際槓桿5.9倍,中年期、時間值損耗較低
比迪牛61770,收回價220元,行使價216元,換股比率500,槓桿比率5.6倍,相近收回價牛證中槓桿最高
投資者如看淡比亞迪,認沽證方面可留意少數中期輕微價外條款的比迪沽17846。熊證方面可留意屬市場上槓桿最高熊證之一的比迪熊67687,與現價有約10元收回距離。
比迪沽17846,行使價230.3元,2023年12月22日到期,實際槓桿5.2倍,少數中期輕微價外條款
比迪熊67687,收回價270元,行使價274元,換股比率500,槓桿比率18.6倍,市場上最高槓桿熊證之一
註: 以上數據資料來自高盛認股證牛熊證網站 https://www.gswarrants.com.hk/
由高盛(亞洲)有限責任公司發出。(C) 版權所有2023年,高盛(亞洲)有限責任公司。一切權利已被保留。以上資料僅供參考,並不構成對任何投資買賣的要約、招攬或邀請、誘使、申述、建議或推薦。投資前閣下應理解產品特性及風險,考慮該投資是否適合閣下的個別情況,並向有關的專業顧問查詢。認股證及牛熊證乃複雜之產品,除相關資產之價格及其變動外,還有其他因素影響認股證價格。本產品並無抵押品,投資者所依賴的是發行人及擔保人的信譽。如發行人或擔保人無力償債或違約,投資者可能無法收回部份或全部應收款項。認股證及牛熊證的價值可急升亦可急跌,持有人的投資可能會蒙受全盤損失。牛熊證更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。過往表現並不預示未來表現。在某些情況下,高盛的流通量提供者可能是港交所上唯一為高盛認股證及高盛牛熊證提供買賣報價者。閣下應詳細閱讀載有認股證及牛熊證條款及風險披露的有關上市文件。有關上市文件可於此網頁下載: www.gswarrants.com.hk。
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