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How to open a new debt for a straight flush

How to open a new debt for a straight flush? The operation steps for opening a straight flush to make a new debt are as follows:

Step 1, open the straight flush client or the straight flush mobile APP and find the transaction below the main interface;

Step 2, add a securities account, enter the account and password, and then click Login; (There is no picture here)

Step 3, click on the subscription of new shares/bonds to enter the subscription page;

step four, check the new shares or convertible bonds that can be purchased, and click one button to purchase, and the whole process will be completed.

if you want to make a new convertible bond, you can refer to the following information, first understand the knowledge of convertible bonds, how to purchase convertible bonds and the conditions for purchasing convertible bonds.

I. What is convertible bond

Convertible bond (convertible corporate bond) is a mixed securities product. It has the dual attributes of bonds and stocks, and investors can switch between them according to their own judgment.

in short, a conversion price is preset when the convertible bonds are issued. If bondholders expect the company's share price to rise above the conversion price, they can choose to convert it into shares; If you are not optimistic about the stock, you can continue to hold convertible bonds until you sell them back.

The conversion of convertible bonds allows the holder to participate in the stock price rise, but also bear the company's operating risks. Compared with ordinary bonds, the interest rate of convertible bonds is lower, which can reduce the financing cost of enterprises.

during the conversion period, the holders of convertible bonds can choose the best conversion or resale opportunity according to their own judgment on the company's prospects. This gives investors more flexibility.

ii. characteristics of convertible bonds

convertible bonds have dual characteristics of creditor's rights and equity, mainly including the following points:

creditor's rights: convertible bonds, like other bonds, have fixed interest rates and maturities, and investors can choose to hold bonds at maturity and collect principal and interest.

equity: convertible bonds are pure bonds before being converted into stocks, but after being converted into stocks, the original bondholders become shareholders of the company and can participate in the business decision-making and dividend distribution of the enterprise.

Convertibility: Convertibility is an important feature of convertible bonds, and bondholders can convert bonds into stocks according to agreed conditions. The holder can choose to continue to hold the bonds for maturity or sale, or exercise the conversion right after the grace period to convert the bonds into stocks. The interest rate of convertible bonds is usually low, because it has the potential income of converting into stocks, and issuing convertible bonds by enterprises can reduce the financing cost.

resale right: convertible bond holders also have the right to resell bonds to issuers under certain conditions.

iii. elements of convertible bonds

convertible bonds have several elements, which basically determine the general characteristics of convertible bonds, such as conversion conditions, conversion prices, market prices, etc.

Validity period and conversion period: Convertible bonds have an issuance period and a conversion period, during which the holder can convert the bonds into shares in proportion or at a price.

stock interest rate or dividend rate: the interest rate (or dividend) of convertible bonds is generally lower than that of ordinary bonds, which is determined according to the market interest rate and the credit rating of corporate bonds.

conversion ratio or conversion price: the par value and conversion ratio of convertible bonds determine the number of shares that can be converted into shares, and the conversion price is the payment price of each share.

redemption clause and resale clause: the issuer can redeem the convertible bonds in advance under certain conditions, and the holder can also resell the bonds to the issuer under certain conditions.

conversion price amendment clause: if the issuer's shares change and the stock price drops, the conversion price may be adjusted.

iv. T+ trading mode of convertible bonds

T+ trading is adopted for convertible bonds, and its entrustment, trading, custody, sub-custody, market disclosure and trading time are handled with reference to A shares. The convertible bonds will be terminated ten trading days before the end of the conversion period, and the exchange will make an announcement one week before the termination. Can be transferred to custody, refer to the A-share rules.

V. How to purchase convertible bonds

To purchase convertible bonds, you need to meet the following conditions:

First, open a securities account;

second, the securities account should have an average daily trading experience of 1, +2 years for 2 trading days.

just like issuing new shares, convertible bonds can be completed through the brokerage mobile APP or the brokerage software PC client. The APP pages of different brokers are different, and the page entries for new bonds are also different. With the gradual popularization of quantitative trading, investors who want to make new shares or new convertible bonds can use the automatic function of quantitative trading software to make new shares or new convertible bonds with one key, which is very convenient, time-saving and labor-saving. At present, it is more professional quantitative trading software (such as jellyfish quantification).

VI. Transaction costs of convertible bonds

Shenzhen convertible bonds: Investors should pay the brokerage firm a commission of 2‰ of the total transaction amount. If the commission is less than that of 5 yuan, it will be charged according to 5 yuan.

convertible bonds in Shanghai: investors must pay a handling fee when they entrust securities firms to buy and sell convertible corporate bonds, with each 1 yuan in Shanghai and each 3 yuan in other places. After the transaction, when handling the delivery, the investor shall pay a commission to the brokerage firm, with the standard of 2‰ of the total transaction amount. If the commission is less than 5 yuan, it shall be charged according to 5 yuan.

VII. Face value of convertible bonds

The face value of convertible bonds is 1 yuan, and the minimum unit for subscription is 1 lot (1 pieces). Because the direct purchase of convertible bonds requires less funds, more numbers are obtained, and the probability of winning the first hand is higher than that of purchasing new shares.

in addition to direct subscription, investors can obtain the priority right of placing shares by purchasing shares in advance or buying and selling convertible bonds in the secondary market. Since the issuance of convertible bonds will generally give priority to the old shareholders, investors can buy shares before date of record, and then exercise the placing right on the placing date to obtain convertible bonds.

VIII. Precautions for Convertible Bonds

Online subscription of convertible bonds does not require a subscription quota, and the number of online subscriptions shall not exceed the subscription ceiling set in the announcement on the issuance of convertible bonds. If it exceeds the subscription ceiling, the entrustment will be invalid. In addition, when online investors have won three online subscriptions in 12 consecutive months but have not paid in full, they are not allowed to participate in the online subscription of new shares, convertible bonds, exchangeable corporate bonds and depositary receipts within 6 months.