Friday, January 07, 2011

CMB Warrants purchased

Yesterday I made a small investment in warrants (HK:27619) over China Merchants Bank (HK3968). As these are warrants with a finite life this is a highly speculative investment and, accordingly, one in which I have made a proportionately small investment - if the warrants go to zero the impact on my financial position will be minimal. My purchase price was HK$0.196.

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