《瑞銀窩輪》看好水泥板塊可參考海螺購26010、國材購14306、華泥購26810
週二中秋假期前港股就主要在24000點左右爭持,終收市報24221點,微升122點。雖然週一港股急跌當日大市成交只有1400多億港元,但由於中秋假期關係沒有北水的交易,而回看上一次國內長假期而滬深港通南向交易關閉爲4月底5月初,當時大市成交甚至試過低於1000億港元,所以週一跌市的成交仍不可忽視。
由於現時正值是內地基建的旺季,不少原材料需求大增,原材料的價格因而上漲,亦帶動水泥板塊早前走強。水泥板塊如海螺水泥(00914)、中國建材(03323)、華潤水泥(1313)股價自8月起反覆向上,其中海螺8月初時升穿40港元,雖然近日市況不穩股價有所回落,但仍守在44港元附近。
有大行報告指水泥板塊上半年表現的確相對疲弱,但預料下半年可以跑贏大市,尤其是點名看好海螺水泥,由於公司已預告增加新能源發展的投入,加上有潛在股權激勵計劃,在新主席的帶領下期望帶來新氣象,予以海螺水泥「買入」評級。而由於近日資源股板塊受壓,不少投資者都留意水泥股搏反彈,如投資者看好海螺,可留意海螺認購(26010),行使價55.05港元,22年2月到期,有效槓桿約7.2倍。如投資者看好國材,可留意國材認購(14306),行使價11.9港元,21年12月到期,有效槓桿約4.9倍。如投資者看好華泥,可留意華泥認購(26810),行使價10.98港元,22年3月到期,有效槓桿約3.7倍。
更多窩輪牛熊資訊:瑞銀證網站: http://www.ubs.com/hkwarrants
窩證教學及市焦點況短片:
https://www.youtube.com/channel/UCKw86qy4eBAInmd52MND45Q?view_as=subscriber
卓素華
董事
瑞銀亞洲上市衍生產品銷售部主管
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