1. There are stipulations on time. The conversion of convertible bonds into stocks must be completed within the stock conversion period. Convertible bonds traded in the market usually need to be completed within six months from the end of the issuance of the convertible bonds until the date of the convertible bonds.

Convertible bonds can be converted into stocks on any trading day.

2. There will be no fees for converting convertible bonds into stocks. There is no need to reserve additional funds to convert convertible bonds into stocks. It is completely free.

3. Convertible bonds have an early redemption clause, which holders of convertible bonds need to pay close attention to. After the company issues a redemption announcement, the holders are required to promptly convert the convertible bonds into ordinary stocks or sell them directly.

issue convertible bonds, otherwise you may face losses.

The company will generally only redeem convertible bonds that have not yet been converted into shares at a face value of no more than 105 yuan.

In August 2007, investors including three fund companies in Shanghai Electric Power Convertible Bonds failed to convert the convertible bonds into stocks in time, resulting in a total loss of more than 20 million yuan.

4. The par value of the convertible bonds applied for conversion is an integral multiple of 1,000. When the remainder is less than 1 share, the company will make cash payment within five trading days after the conversion date.

Use the stock price multiplied by the number of shares after the decimal point, for example, 0.8 shares, the price per share is 10 yuan, then the redemption amount is 8 yuan.

The operation method of convertible bond conversion is as follows: 1. Operate online by yourself. The convertible bond holder logs into the securities account within the specified ten years, selects the entrustment to sell, then enters the conversion code, and then enters the number of shares to be converted.

, please note, do not enter the convertible bond code, otherwise it will become a transaction. The price displayed by the system is 100 yuan, and there is no need to fill in the conversion price.

The operation interfaces of different securities firms are different, and some require entrustment to buy.

Regardless of the trading platform, if you enter the conversion code when converting shares, the system will default to the fact that the convertible bond holder will exercise the right to convert shares.

2. Dial the customer service number to transfer shares. In the securities market, you can entrust transactions or share transfers over the phone. Call the customer service number of the securities firm corresponding to the account. After verifying your identity, you can ask the customer service to help entrust the transfer of shares.

3. Offline stock conversion means that the convertible bond holder goes to the corresponding securities company's business outlet and asks the staff to help complete the conversion.

Based on the above, it is very simple to convert convertible bonds into stocks, but you also need to pay attention to the conversion time and the code when entrusting the stock conversion, so as not to exceed the stock conversion time and cause economic losses.

Convertible bonds have the functions of both bonds and stocks, so there are three ways to deal with convertible bonds after buying them.

1. Convert into stocks at the specified time.

(Generally selected when the positive stock price is higher than the conversion price). After the stock conversion, you have to wait until the second trading day before selling.

2. Directly conduct convertible bond buying and selling transactions to understand your position and obtain the price difference.

3. According to the function of the bond, the principal and interest will be exchanged to the bond issuer after maturity.

This situation applies when the price of the convertible bond is lower than the sum of principal and interest.