Browse Tag

bond market

SZSE observes trading of convertible bonds and warns investors about trading risks

2 mins read

The FINANCIAL — The convertible bond market was active recently, with drastic price fluctuations. The trading prices of some convertible bonds seriously deviated from their companies’ stock prices. By the close of trading on October 23, four convertible bonds on SZSE recorded a conversion premium of over 150%, among which, Henghe Convertible Bond (123013) had the highest conversion premium, 236.80%. Because convertible bonds have debt, equity and convertible features at the same time, holders can convert bonds into common stocks according to the price and time agreed upon the issuance of convertible bonds. There is a positive correlation between the…

Read More »

SZSE observes trading of convertible bonds and warns investors about trading risks

2 mins read

The FINANCIAL — The convertible bond market was active recently, with drastic price fluctuations. The trading prices of some convertible bonds seriously deviated from their companies’ stock prices. By the close of trading on October 23, four convertible bonds on SZSE recorded a conversion premium of over 150%, among which, Henghe Convertible Bond (123013) had…