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
zek3隻jekExamples
He bought a lot of warrants, but ended up losing everything.
Related words
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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Grammar guides
- Aspect markersCantonese has no tenses, but it does have aspect markers. Learn how zo2, gwo3, gan2, and hai2 dou6 show completion, experience, and ongoing action.
- In 30 secondsThe whole language at a glance. No tenses, no plurals, six tones, sentence particles. Read this before you dive into any specific topic.
- ParticlesSentence particles add tone, emotion, and nuance. Learn the most common particles in Cantonese and how to use them.



