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吉利稱與沃爾沃找到最佳合併方案 看好汽車股可留意吉利牛51554/比廸牛69066

2021-02-25 11:33:56

吉利汽車(00175)公布,與旗下沃爾沃汽車已找到了最佳合併方案,將進行動力總成業務合併,並共同開發下一代純電動車。吉利上日收市跌穿26元關,六個交易日累計回調14%,惟好倉資金持續流入,其中認購證同期累計淨流入6,470萬元;淡倉上日淨流出於同期較顯著,有近500萬元。吉利周四反彈逾2%,有大行對合併看法中性,稱公司未來股價刺激因素來自A股上市進程,評級跑赢大市,目標價看33元。投資者若看好吉利,可留意牛證51554, 收回價 24.88 元, 2021年10月到期 ,實際槓桿 9.5 倍; 相反若看淡可留意熊證52095, 收回價 30.88 元, 2021年10月到期 ,實際槓桿 4.3 倍。

 

另一汽車股比亞迪(1211)同樣連跌六天逾兩成,上日淡倉流出5,100萬元,好倉早前較吸引資金淨流入,先前下跌五天時獲逾1億元淨流入,昨日則只有不足100萬元淨流入。美國電動車生產商Tesla連跌四天逾一成後昨反彈6%,比亞迪股價今早亦回升,有報道指地方兩會釋放信號強化環保產業發展,如認為將利好比亞迪,看好可留意牛證69066, 收回價 198.88 元, 2021年11月到期 ,實際槓桿 7.9 倍; 相反如看淡則可留意熊證64557, 收回價 272.88 元, 2021年10月到期 ,實際槓桿 3.1 倍。

 

其他滙豐輪證焦點:

 

吉利認購證28476,行使價 29.38 元, 2021年7月到期 ,實際槓桿 3.9 倍。

吉利認沽證11398,行使價 31.8 元, 2022年4月到期 ,實際槓桿 1.1 倍。

吉利牛證51554,行使價 24.38 元, 收回價 24.88 元, 2021年10月到期 ,實際槓桿 9.5 倍。

吉利熊證52095,行使價 31.48 元, 收回價 30.88 元, 2021年10月到期 ,實際槓桿 4.3 倍。

 

比迪認購證20691,行使價 215.88 元, 2021年6月到期 ,實際槓桿 3.7 倍。

比迪認沽證11667,行使價 198.88 元, 2021年7月到期 ,實際槓桿 2.5 倍。

比迪牛證69066,行使價 192.88 元, 收回價 198.88 元, 2021年11月到期 ,實際槓桿 7.9 倍。

比迪熊證64557,行使價 278.88 元, 收回價 272.88 元, 2021年10月到期 ,實際槓桿 3.1 倍。

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本結構性產品並無抵押品,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。

本文由香港上海匯豐銀行有限公司(「本行」或「發行商」)發行(包括任何參考條款),僅供參考之用,並不構成邀約、游說、或建議出售或購買結構性產品。

結構性產品屬複雜產品,投資者務須就此審慎行事,除非投資者完全了解及願意承擔所涉風險,否則切勿投資此產品。結構性產品價格可急升可急跌,投資者或會損失所有或大部分投資。過往表現並不反映將來表現。投資前應了解結構性產品之性質及風險,並詳閱有關上市文件,獨立決定是否適合自己,若需要應諮詢專業建議。本行及其委任之流通量提供者可能是結構性產品的唯一市場參與者,而結構性產品的二級市場可能有限。謹請注意,牛熊證設有強制收回機制,因此有可能提早終止,在此情況下(i)N類牛熊證投資者會損失於牛熊證的全部投資;而(ii)R類牛熊證之剩餘價值則可能為零。界內證在市場是全新的結構性產品,現時在香港交易所並無類似上市產品可作比較。界內證具備有別於標準的特徵,其條款及定價或較其他標準權證複雜,其最大潛在回報為固定及設有上限。界內證價格變動可能與其掛鈎資產的價格變動不成比例或呈相反方向。

作者為金管局及證監會持牌人士,並無就結構性產品或相關資產持有任何直接或間接權益。
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