WO-wheel Viewpoint: The exchange control is expected to pay close attention to its stock warrants

Last Friday, the Hang Seng index preferred to follow the heavy shares of HSBC Holdings, which fell 96 points in weakness. The tail plate in the export shares of Foxconn and Li Fung's strong pull up gradually higher, and finally rose 176 points, reported 18,679 points, the big city transactions of HK $80.4 billion. Hong Kong stocks last week maintained a high volatility, the trend lacks direction.　　But the direction of the market will become clearer as the May CPI and PPI data are due to be released this week. In the U.S., the unemployment rate rose in spite of a 345,000 per cent reduction in non-farm payrolls in May, with the main stock indexes mixed, the Dow slightly up 0.15%, and the 500 drop of 0.03% and 0.25%.　　ADR performance is moderate, the fluctuation is small, the influence on Hong Kong stocks is limited. The share of the Hang Seng index was closed in Friday, and the share of the blockbuster HSBC Holdings (0005.HK) fell to a 15% ceiling. Before the adjustment came into effect, the exchange holding price was significantly under pressure, from the top of the Monday high 70.85 yuan to pick up the level of the last Friday to close to the low 65.8 yuan, closing the city low 2%. But with the adjustment in effect, HSBC shares are expected to stabilise. If you are optimistic about the exchange control in the afternoon can pay attention to the subscription card 15641, the exercise price of 78.7 yuan, expires in January 2010, if the expected exchange control is not in addition, you can pay attention to the call card 15644, the exercise price of 69.44 yuan, expires at the end of January 2010. The investment risk of the warrant is huge, can cause the total loss of principal.