In the stock market, everyone cares about nothing more than stocks and convertible bonds. In a good environment, people pay more attention to stocks, while in a bad environment, stocks generally fall, and people pay more attention to convertible bonds, because convertible bonds are safer than stocks and have similar trading rules, but there are still some differences, such as trading mechanism.

Can convertible bonds be sold on the day of purchase?

Convertible bonds can be sold on the day they are bought, and the trading system of T+0 is implemented. There is no limit to the number of convertible bonds traded during trading hours. For example, if you buy a convertible bond today and don't want it, you can sell it today and buy another convertible bond, or you can buy it again after you sell it.

Convertible bond trading rules:

1 Give priority to time and price. When buying and selling, the low price entrusted at the same time is given priority, and the early transaction entrusted at the same time is given priority.

29: 15 ~ 9: 25 is the opening call auction time; 9: 30 ~ 1 1: 30, 13: 00 ~ 14: 57 are continuous bidding time; 14: 57 ~ 15: 00 is the closing bidding time of Shenzhen Stock Exchange.

When the convertible bonds are sold, stamp duty of 1‰ is not required, but commission is required.

There are many trading rules of convertible bonds, among which compulsory redemption is the most unfavorable to investors. In general, listed companies will issue two embedded clauses.

If you plan to buy or sell convertible bonds, you must be familiar with its trading rules. Although convertible bonds are less risky than stocks, their returns are also lower. In addition, convertible bonds are not guaranteed. If your purchase price is higher than 100 yuan, even if the company redeems them, it will be a loss.