Macquarie Chen Qizhi Sinopec (00386.HK) rose to HK $6.68 on May 7, creating a new stock price high since the end of September last year, hovering around $6 from May 11 to 18th, plunging to HK $5.87 in the afternoon and recovering by a rebound of HK $6.14 and an increase of about 0.7%. The turnover of Sinopec warrants and Bull Bear Card is about HK $240 million, which has increased by more than 30% in Friday, by more than HK $180 million, one of the ten warrants and the Bull Bear certificate yesterday. In the last Friday (15th), the capital inflow to Sinopec warrants was about HK $14.35 million, the second largest influx of funds. In addition to this, the remaining 4 of the five major inflows of capital projects in Friday were put on a warrant. In the last 5 trading days ended last Friday, the market continued to have funds flowing to the Sinopec warrants, totalling HK $65.17 million.
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