The Nest Wheel viewpoint: Bank of China Innovation high pay attention to its subscription card

June 10, 2009, with the mainland's May CPI and PPI economic data better than expected, the Hang Seng index was 232 points higher, then the shock rose to 18,443; in the afternoon, with the Japanese and mainland stock markets moving out of new highs, it continued to rise at 18,786 points, up 4.03%,　　Market turnover expanded to HK $83.5 billion. On U.S. stocks, the three indexes fell nearly 0.4% per cent, as yields on Treasury bonds rose and oil prices rose, raising fears that rising borrowing costs and inflation would prevent a recovery in the U.S. economy. ADR followed nearly all of the U.S. stock fall.　　Material in the periphery of the soft drag, today's Hong Kong equities profit back to vomit pressure. Wednesday, the Chinese bank shares in the Bank of China (03988.HK) led the general rise, because the market rumors that China's May new credit will reach about 660 billion yuan, higher than April of 591.8 billion yuan, if the news is true, the banking sector's expected increase in earnings expectations, conducive to the performance of bank stocks. Among them, the Bank of China, the best performance, surged 8.29% to 3.79 Hong Kong dollars, creating nearly a year of new highs.　　From the technical perspective, BOC strong breakthrough in the channel on the rail, short-term hope to continue the strong, challenging 4 yuan pass. If you continue to watch the BOC, you may pay attention to its subscription card 16811, the exercise price of 3.8 yuan, November 9, 2009 expired. The investment risk of the warrant is huge, can cause the total loss of principal.