Commentary
2021-03-02
恆指改革料美團阿里受惠 留意11358購/51302牛
大市三月開局向好,上日恆指升近500點。預料大市今日(2日)有望承接上日升勢,看好可留意恆指牛證53193,收回價28950點,實際槓桿73.63倍,換股比率10000:1。相反看淡則可留意新上市恆指熊證57768,收回價30050點,換股比率10000:1。
 
藍籌新貴海底撈(6862)納入恆指後隨即發盈警,集團預計去年淨利潤按年下跌約90%。海底撈股價上日升逾8%,高位重上70元水平,向上觀望重拾20天線(約74.5元)。續看好可留意購證28987,行使價75.88元,實際槓桿3.22倍,21年10月到期,為上日市場上最大成交之海底撈認購證。
 
恆指公司上日公佈重大改革,成份股權重上限將由10%下降至8%,惟值得注意同股不同權及第二上市公司同樣適用。有分析預料美團(3690)及阿里巴巴(9988)將受惠是次改革,投資者可留意以下輪證部署。
 
看好:
美團購證11358,行使價444.08元,實際槓桿7.22倍,21年5月到期。
阿里牛證51302,收回價226.8元,實際槓桿20.58倍,換股比率100:1。
 
看淡:
阿里熊證54749,收回價255元,實際槓桿8.69倍,換股比率500:1。
美團沽證20135,行使價283.68元,實際槓桿4.72倍,21年7月到期。
 
另外,信義光能(0968)上日公佈去年業績,集團期內錄得純利45.61億元,按年急升近90%。看好可留意購證29750,行使價21.93元,實際槓桿4.49倍,21年6月到期。
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