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管得了嗎? @ 2011-10-20T02: Back Hot News
Keyword:窩輪 熊證 恆指 牛熊 留意 成交
Concept:
資訊頻道: 財經新聞 股票 窩輪牛熊證 基金 外匯 地產 網上書店 -->股市論壇 生活副刊 財經新聞 股票 窩輪牛熊證 基金 地產 網上書店 股市論壇 香港脈搏-->
昨日港股因台風停市,期指亦順延至今天結算。恆指周三未能延續周二的升勢,最終下跌119點,收報18,011點。近期市況反覆,見窩輪及牛熊證市場的資金均集中於恆指牛熊證為主,以自9月22日開始的五個交易日計算,恆指牛證共有約2億2千萬元資金流入,其認購證亦有約2千2百萬元流入,反觀個股方面,較多資金流入中資銀行股認購證上,但金額跟流入恆指產品的差距甚大,工行認購證為同期最多資金流入的股票窩輪項目,金額約為1千萬元,中行次之,金額約8百萬元。
【明報專訊】大市上落波幅極大時,散戶時常聽到「屠牛」或「屠熊」,這正道出牛熊證收回制的特性。2006年引入市場的牛熊證,與窩輪(認股證)同樣屬衍生工具,其差別在於牛熊證為價內期權,有收回機制,且不受引伸波幅影響。當牛熊證的收回價與現貨距離貼近,反映該證的收回風險較高,以致能提供較高爆炸力,但其風險也相對較高。

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