你不要转换，你只要理_老虎社区_美港股上老虎 - 老虎社区

你不要转换，你只要理解到120天后，市场会将两者的价格维持在几乎没有套利空间。或者说120天后，你转换没有意义的，因为两者价格差不多，而在120天内，市场干的事情就是让两者的价格逐步靠近。$华泰证券(HTSC.UK)$//@赖玮:请问在老虎证券买的可以转换A股吗@Fany

@Fany：华泰证券GDR可能是一个不错的套利机会

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

jesson518
2019-06-19
jesson518
赚了6%，谢谢啦
- Fany:
  赚钱就好[开心]

发表看法

2

5

{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":904148187,"tweetId":"904148187","gmtCreate":1560942214649,"gmtModify":1704701067025,"author":{"id":10538173771684,"idStr":"10538173771684","authorId":10538173771684,"authorIdStr":"10538173771684","name":"Fany","avatar":"https://static.tigerbbs.com/c7763b812b02c905082d9ee5be453dfc","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9342,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>你不要转换，你只要理解到120天后，市场会将两者的价格维持在几乎没有套利空间。或者说120天后，你转换没有意义的，因为两者价格差不多，而在120天内，市场干的事情就是让两者的价格逐步靠近。$华泰证券(HTSC.UK)$//@赖玮:请问在老虎证券买的可以转换A股吗@Fany</p></body></html>","htmlText":"<html><head></head><body><p>你不要转换，你只要理解到120天后，市场会将两者的价格维持在几乎没有套利空间。或者说120天后，你转换没有意义的，因为两者价格差不多，而在120天内，市场干的事情就是让两者的价格逐步靠近。$华泰证券(HTSC.UK)$//@赖玮:请问在老虎证券买的可以转换A股吗@Fany</p></body></html>","text":"你不要转换，你只要理解到120天后，市场会将两者的价格维持在几乎没有套利空间。或者说120天后，你转换没有意义的，因为两者价格差不多，而在120天内，市场干的事情就是让两者的价格逐步靠近。$华泰证券(HTSC.UK)$//@赖玮:请问在老虎证券买的可以转换A股吗@Fany","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/904148187","repostId":904020936,"repostType":1,"repost":{"magic":2,"id":904020936,"tweetId":"904020936","gmtCreate":1560766115924,"gmtModify":1704700638972,"author":{"id":10538173771684,"idStr":"10538173771684","authorId":10538173771684,"authorIdStr":"10538173771684","name":"Fany","avatar":"https://static.tigerbbs.com/c7763b812b02c905082d9ee5be453dfc","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9342,"starInvestorFlag":false},"themes":[{"themeId":"5f4e0a7185a74ed196abff08008266de","categoryId":"b76d3c59fc044df59779c041b25852a6","name":"分享我的交易策略","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":5f4e0a7185a74ed196abff08008266de}&rnconfig={\"headerBarHidden\": true}","description":"交易策略分享，说一说自己在交易中的那些神操作吧，你的idea说不定价值百万！","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[{"img":"https://static.tigerbbs.com/1a877efaef980d8175971308f8af1c2e"}],"coverImages":[{"img":"https://static.tigerbbs.com/1a877efaef980d8175971308f8af1c2e"}],"title":"华泰证券GDR可能是一个不错的套利机会","extraTitle":"","html":"<html><head></head><body><p>目前华泰证券GDR20.50美元的发行价较6月17日A股19.45人民币的收盘价折价27%，由于120天后，华泰证券GDR可以和A股自由兑换，那么套利机会就此出现。我们假定120天后的套利成本为5%（即时套利摩擦等成本），那么目前华泰证券GDR的安全边际有22%（27%-5%）。具体来讲：</p> <ol> \n <li>如果后市华泰证券A股120天内上涨X%，那么购买GDR获利(22+X)%;</li> \n <li><span>如果后市华泰证券A股120天内下跌Y%，且下跌幅度不足22%，那么购买GDR获利(22-Ｙ)%;</span></li> \n <li><span>如果后市华泰证券A股120天内下跌Z%，且下跌福度大于22％，那么购买GDR亏损(Z-22)%。</span></li> \n</ol> <p>综上来看，华泰证券A股在120天内上涨，我们会获利不菲，如果下跌不足22%，我们仍然会从这笔投资上获利，当然，如果下跌超过22%，我们这笔交易也会产生亏损。<img src=\"https://static.tigerbbs.com/1a877efaef980d8175971308f8af1c2e\"></p> <p>$华泰证券(HTSC.UK)$</p></body></html>","htmlText":"<html><head></head><body><p>目前华泰证券GDR20.50美元的发行价较6月17日A股19.45人民币的收盘价折价27%，由于120天后，华泰证券GDR可以和A股自由兑换，那么套利机会就此出现。我们假定120天后的套利成本为5%（即时套利摩擦等成本），那么目前华泰证券GDR的安全边际有22%（27%-5%）。具体来讲：</p> <ol> \n <li>如果后市华泰证券A股120天内上涨X%，那么购买GDR获利(22+X)%;</li> \n <li><span>如果后市华泰证券A股120天内下跌Y%，且下跌幅度不足22%，那么购买GDR获利(22-Ｙ)%;</span></li> \n <li><span>如果后市华泰证券A股120天内下跌Z%，且下跌福度大于22％，那么购买GDR亏损(Z-22)%。</span></li> \n</ol> <p>综上来看，华泰证券A股在120天内上涨，我们会获利不菲，如果下跌不足22%，我们仍然会从这笔投资上获利，当然，如果下跌超过22%，我们这笔交易也会产生亏损。<img src=\"https://static.tigerbbs.com/1a877efaef980d8175971308f8af1c2e\"></p> <p>$华泰证券(HTSC.UK)$</p></body></html>","text":"目前华泰证券GDR20.50美元的发行价较6月17日A股19.45人民币的收盘价折价27%，由于120天后，华泰证券GDR可以和A股自由兑换，那么套利机会就此出现。我们假定120天后的套利成本为5%（即时套利摩擦等成本），那么目前华泰证券GDR的安全边际有22%（27%-5%）。具体来讲： 如果后市华泰证券A股120天内上涨X%，那么购买GDR获利(22+X)%; 如果后市华泰证券A股120天内下跌Y%，且下跌幅度不足22%，那么购买GDR获利(22-Ｙ)%; 如果后市华泰证券A股120天内下跌Z%，且下跌福度大于22％，那么购买GDR亏损(Z-22)%。 综上来看，华泰证券A股在120天内上涨，我们会获利不菲，如果下跌不足22%，我们仍然会从这笔投资上获利，当然，如果下跌超过22%，我们这笔交易也会产生亏损。 $华泰证券(HTSC.UK)$","highlighted":2,"essential":2,"paper":2,"link":"https://laohu8.com/post/904020936","repostId":0,"isVote":1,"tweetType":1,"commentLimit":10,"symbols":["HTSC.UK"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":596,"xxTargetLangEnum":"ZH_CN"},"isVote":1,"tweetType":1,"viewCount":3417,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["HTSC.UK"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":234,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":1650732,"commentId":"1650732","gmtCreate":1560958519193,"gmtModify":1560958519193,"authorId":3495085242937286,"author":{"id":3495085242937286,"idStr":"3495085242937286","authorId":3495085242937286,"name":"jesson518","avatar":"https://static.tigerbbs.com/8eddd65eaa91a2eb4e34c0aeb62d51c0","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":904148187,"objectIdStr":"904148187","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"赚了6%，谢谢啦","text":"赚了6%，谢谢啦","html":"赚了6%，谢谢啦","likeSize":0,"commentSize":1,"subComments":[{"id":1650792,"commentId":"1650792","gmtCreate":1560959270847,"gmtModify":1560959270847,"authorId":10538173771684,"author":{"id":10538173771684,"idStr":"10538173771684","authorId":10538173771684,"name":"Fany","avatar":"https://static.tigerbbs.com/c7763b812b02c905082d9ee5be453dfc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":904148187,"objectIdStr":"904148187","type":1,"supId":1650732,"supIdStr":"1650732","prevId":0,"prevIdStr":"0","content":"赚钱就好[开心]","text":"赚钱就好[开心]","html":"赚钱就好[开心]"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/904148187"}