The cost of the right of the right of the ZTE warrants yesterday is higher than the price of the shares

⊙ journalist Wei Mengjie 0 editor Chu Hailiang "ZTE ZXC1" warrants have been in force from February 1, 2010 onwards, the deadline for the right of the line is February 12, 2010 15 o'clock.　　At the closing price of February 1, the company currently has the right to cost 46.461 yuan, more than 42.10 yuan in the stock prices.　　The company announced today that the "ZTE ZXC1" last trading day was February 5, 2010 (Friday) and would terminate the transaction from February 8, 2010 (Monday) and terminate the listing after 15 o'clock on February 12, 2010 (Friday). "ZTE ZXC1" after the adjustment of the right to remove the rights of the warrants to the right price of 42.394 yuan/share, after the adjustment of the proportion of the right to 1:0.922, that is, investors each hold 1 "ZTE ZXC1" warrants, the right to be in the right period to 42.394 yuan/ Shares of the price to buy 0.922 shares ZTE shares.　　If the February 1 "ZTE ZXC1," the closing price of 3.750 yuan to calculate, the right to the cost of 46.461 yuan, more than 42.10 yuan in the stock prices. Market participants said that to achieve a smooth line, the next 4 trading days to achieve the "ZTE ZXC1" value to zero, while the shares also need to move higher. This year, SAIC Cwb1 and Gezhou cwb1 the right before and after the results are very different. Market participants believe that, since the end of last year, the broad market adjustment, will be the next act of warrants to bring a small problem.