In Hong Kong's warrant market, brokers often issue warrants with the underlying securities index, which allows investors to make profits according to their own expectations. For example, several warrants of Hang Seng Index and Nikkei Index issued by Societe Generale in Hong Kong have investment value under the current market situation. Before the Fed announces the interest rate decision, people who have the right market direction expectations will benefit.
For example:
In the early morning of 19 Beijing time, the Federal Reserve announced that it would cut the federal funds rate by 50 basis points. Affected by this news, the US Dow Jones index rose by 335.97 points and the Nikkei index rose by 579.74 points that afternoon. However, the China stock market was unmoved, falling 29 points that day. Domestic investors can't share this great opportunity in A shares. However, the Hong Kong market provides an excellent operating platform for investors.
These investors who think that the Fed will cut interest rates only need to buy warrants of Nikkei or Hang Seng Index. For example, the exercise price of a Nikkei Industrial Co., Ltd. 72(4774.HK) due in June 65438+February 65438+March this year is 18000, the price of that day rose by 4 1.03%, and the actual leverage was 17.33 times; Meanwhile, Nikkei Industrial Corporation 72A (4784. HK) expires at the same time, the exercise price is 17000, the price drops by 19.54%, and the actual leverage is 7.97% (Nikkei closed at 1638 1.54).