China Life (2628)
CHLIFE-C4 @ RM0.32 ; underlying share @ HKD 43.20 ; premium 2.02%
At a premium of 15%, CW price is RM0.57 (25 cents / 78.0% gain)
CHLIFE-C3 closed at 20 cents today (premium 15.70%), thus CHLIFE-C4 should be trading at around the same premium too.
Petro China (0857)
PETROCH-C4 @ RM0.145 ; underlying share @ HKD14.06 ; discount 6.62%
At a premium of 15%, CW price is RM0.416 (27 cents / 186.58% gain)
It's been a long time since we last saw call warrants hit more than 100% gain on the first day of trading. Even with a 5% premium, PETROCH-C4 can go to 29 cents, a 100.28% gain in price!
Are the glory days of the call warrants coming back?
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