Convertible bonds are also convertible bonds, which can be converted into company stocks under certain conditions, and have the characteristics of both stocks and bonds. After the convertible bonds are won, investors can sell them directly on the first day of listing, or they can hold them and convert them into stocks. Then, after the successful subscription of convertible bonds, can it be successful?

Can you make money by subscribing for convertible bonds by lottery?

Under normal circumstances, the rise of convertible bonds on the first day of listing is good. If investors want to make a profit, they can choose to participate in the innovation of convertible bonds. After winning the subscription, they can get some income on the first day of listing. However, it should be noted that there is still a risk of breaking when convertible bonds are listed. Anyway, investment is definitely risky, which does not mean that there is absolute return.

There are three good opportunities to sell convertible bonds, which investors can consider from the following three angles:

1 sell as soon as it is listed.

When convertible bonds are listed, it is a safe time to sell them. Under normal circumstances, the market price of newly listed convertible bonds is often higher than the value, and the issue price will rise to a certain extent after listing. At this time, investors can exchange income and let the money fall into the bag.

2 the increase is higher than the positive share price increase.

Considering the possibility that convertible bonds will continue to rise in the future, some investors will choose to continue to hold them. Investors need to pay attention to market trends. When convertible bonds rise sharply in a short period of time, and the increase is obviously higher than the positive share price, it is best to sell them in time, because when the increase is too high, there will be a callback or a big drop in the later period.

3. The listed company forcibly redeems convertible corporate bonds.

When the stock price rises sharply and exceeds the conversion price to a certain extent, the listed company can start the compulsory redemption of convertible bonds. At this time, because the conversion value of convertible bonds is much higher than their face value, the market price of convertible bonds is bound to be higher than their face value. However, it should be noted that listed companies will redeem convertible bonds at a meager interest rate, so when listed companies intend to forcibly redeem convertible bonds, investors had better make a selling decision as soon as possible.

Generally speaking, there are great opportunities to make profits after participating in the new convertible bonds, but there are also certain risks. When trading convertible bonds, investors should master certain operational skills and be familiar with the basic changes in the market.