Convertible bonds refer to a debt instrument formed by the issuer adding "convertible shares" on the basis of corporate bonds or exchangeable bonds. Scale refers to the total amount of convertible bonds issued. In order to meet the financing needs, the issuer will flexibly determine the scale of convertible bonds according to the market acceptance.
The scale of convertible bonds shows the market's acceptance of the company's financing needs, and the scale is directly related to the strength of the company's financing ability. If the scale is large, it shows that the company's financial reputation is high, the convertible bonds are successfully issued, and the company's financing ability is strengthened. On the contrary, it shows that the market has doubts about the issuer's credibility, which affects the company's financing effect.
investors should pay attention to the scale of convertible bonds, analyze the market acceptance and its impact on the company, and consider the holding risk of convertible bonds. Although scale is not the only factor, it can affect the market performance of convertible bonds after issuance and listing. Investors should make investment decisions carefully and control risks according to the actual situation.