Beijing Time January 27 news ZTE announced in the HKEx today that the "ZTE ZXC1" the risk of the expiry of the notice on the expiration of the risks, to draw investors ' attention to the "ZTE ZXC1" warrants the rights of the relevant issues and investment risks. The following is the full text of the announcement: In view of the "ZTE ZXC1" warrants the right to the bank, the company special to draw investors attention to "ZTE ZXC1" warrants the right of the relevant issues and investment risk. First, the basic risk hint 1. " ZTE ZXC1 "warrants for the duration of the period from February 22, 2008 onwards, until February 21, 2010." 2. According to "Shenzhen Stock Exchange warrants management interim measures", the warrants survive the expiration of 5 trading days, warrants to terminate the transaction. "ZTE ZXC1" warrants the last trading day is February 5, 2010 (Friday), from February 8, 2010 (Monday) to terminate the transaction, ZTE shares (stock code: 000063), ZTE 1 (Bond code: 115003) still normal transactions, but the laws and regulations are otherwise regulated . 3. The "ZTE ZXC1" warrants are entitled to the last 10 trading days of the warrants, i.e., the trading day between February 1, 2010 (Monday) and February 12, 2010 (Friday) (including the first and first two dates), of which February 8, 2010 (Monday) to February 12, 2010 ( Friday) is an irrevocable line of business (including two days). 4. "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 right to 1:0.922 per cent, that is, investors hold 1 "ZTE ZXC1" warrants, the right to be in the right period of 42.394 yuan/share price purchase of 0.922 shares ZTE A Stocks. 5. The previous trading day, "ZTE" A shares of the closing price of 43.40 yuan, "ZTE ZXC1" warrants the right price of 42.394 yuan, so "ZTE ZXC1" warrants the intrinsic value of 1.006 yuan. 6. The use of Black-sholes formula, to this announcement before the date of the "ZTE" a-share closing price of 43.40 yuan, the stock price volatility of 38.24% (the first 120 trading days of this notice historical stock price volatility), risk-free interest rate in accordance with 2.25% (refer to the one-year term deposit rate) ZTE ZXC1 "The theoretical value of the warrants is 2.1200 yuan." 7. The previous trading day, "ZTE ZXC1" warrants closed the price of 4.553 yuan, a premium rate of 9.06%. 8. Investors are invited to pay attention to the relevant investment risks. Ii. Special risk Tips according to Shenzhen SecuritiesThe exchange's notice on the closure of the 2010 holidays, February 13, 2010 (Saturday) to February 19 (Friday) is closed for the Spring Festival holiday, February 20 (Saturday), February 21 (Sunday) for the weekend closed, the opening of February 22 (Monday) as usual. The "ZTE ZXC1" warrants will therefore be entitled to a trading day between February 1, 2010 (Monday) to February 12, 2010 (Friday) (including two days), of which February 8, 2010 (Monday) to February 12, 2010 (Friday) are not tradable ( including two days. The "ZTE ZXC1" warrants will be cancelled when the right to terminate the right of termination of the line. Keck）
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
