Transaction costs:
1. Shenzhen Stock Exchange: Investors should pay commissions to securities companies, and the standard is 2‰ of the total turnover. If the commission is less than that in 5 yuan, it will be charged in 5 yuan.
2. Shanghai Stock Exchange: Investors entrust securities companies to buy and sell convertible corporate bonds, and each transaction in Shanghai needs to pay a handling fee of 1 yuan, and each transaction in other places needs to pay a handling fee of 3 yuan. After the transaction, when handling the delivery, the investor shall pay the commission to the brokerage firm, and the standard is 2‰ of the total transaction amount. If the commission is less than that in 5 yuan, it will be charged in 5 yuan.
Extended data:
Convertible bonds are superior to corresponding stocks;
Convertible bond is a complex investment product, and its theoretical value is the sum of pure debt value and complex option value. The influencing factors mainly include stock price, conversion price, convertible bonds and the scale of convertible bonds, the historical volatility of convertible bonds, the term of various options, the market risk-free interest rate, and the yield to maturity of corporate bonds with the same qualification.
The relationship between the theoretical value of convertible bonds and the value of pure bonds and convertible bonds is that the price of convertible bonds approaches the value of pure bonds when the stock price falls, and approaches the value of convertible bonds when the stock price rises. The part of convertible bonds that is higher than the value of pure debt is the market price of complex options contained in convertible bonds.
Simply put, if you can judge that the price of the corresponding stock is going to rise, then the price of convertible bonds may rise; When the stock price falls, the price of convertible bonds may fall. Therefore, when you want to buy A shares, you can buy convertible bonds corresponding to A shares, because convertible bonds can be bought and sold on the same day, with no restrictions.
Baidu encyclopedia-convertible bonds