wo1 leon4窩輪窝轮

Jyutpingwo1 leon4
Yalewō lèuhn

Definition

Warrant; a financial security that offers the right to buy or sell a stock at a specific price.

colloquialmoney

How it's used

This term is a direct phonetic loan from the English word warrant, reflecting the fast-paced nature of Hong Kong financial culture. It is almost exclusively used in the context of high-risk speculative trading on the Hong Kong Stock Exchange. Unlike standard stock investments, trading these requires a specific account setup and a high tolerance for volatility.

Measure word

zek3jek

Examples

He bought a lot of warrants, but ended up losing everything.
Do you know which warrants are better for day trading?

Related words

synonymjing6 gu2 zing3認股證yingh gú jingsee alsongau4 hung4 zing3ngàuh hùngh jingsee alsogu2 piu3股票gú piu

Common phrases

speculate in warrants

Common mistake

Beginners often confuse these with options or futures, but they are distinct financial instruments with different expiration mechanics. Do not use this term to refer to general stocks or shares, as it specifically denotes leveraged derivative products.

Grammar color guide

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