Yes, convertible bonds implement T+0 trading, which means you can buy and sell on the same day.

Transaction fees:

1. Shenzhen Stock Exchange: Investors should pay a commission to the securities firm, the standard is 2‰ of the total transaction amount. If the commission is less than 5 yuan, it will be charged at 5 yuan.

2. Shanghai Stock Exchange: Investors entrusting securities firms to buy and sell convertible corporate bonds must pay a handling fee of RMB 1 per transaction in Shanghai and RMB 3 per transaction in other places. After the transaction is completed, the investor should pay a commission to the securities firm when handling the transaction. The standard is 2‰ of the total transaction amount. If the commission is less than 5 yuan, it will be charged at 5 yuan.

Extended information:

Convertible bonds are better than corresponding stocks:

Convertible bonds are a relatively complex investment variety, and the theoretical value of convertible bonds is that of pure debt The sum of the value and the value of complex options. The influencing factors mainly include the price of the underlying stock, the conversion price, the scale of the underlying stock and convertible bonds, the historical volatility of the underlying stock, the duration of various options included, the market risk-free interest rate, and the arrival of corporate bonds with the same qualifications. period yield, etc.

The relationship between the theoretical value of convertible bonds, the value of pure debt and the value of convertible shares is that when the price of the underlying stock falls, the price of the convertible bond approaches the value of the pure debt, and when the price of the underlying stock rises, the price of the convertible bond moves toward the value of the converted stock. The price of the convertible bond is higher than the value of the pure bond, which is the market price of the complex options included in the convertible bond.

To put it simply, if you can judge that the price of the corresponding stock will rise, then the price of the convertible bond will most likely also rise; if the stock price falls, the price of the convertible bond will most likely fall. Therefore, when you want to buy A stock, you can buy the convertible bonds corresponding to A stock, because convertible bonds can be bought and sold on the same day without restrictions.

Baidu Encyclopedia—Convertible Bonds