Huaan Fund launched convertible bonds at this time, which is closely related to the rapid development of the current convertible bond market and even has a strategic vision. According to statistics, the current stock size of the convertible bond market is16 * * *121200 million, a record high. The industry involves banking, petrochemical, steel, chemical industry, electric power, nonferrous metals, media, consumption and so on. The industry is diversified and the scale is also large, medium and small.

The scale of the convertible bond market has greatly expanded from 100 billion at the beginning of last year to100 billion at present. It can be said that 20 10 is a year of prosperity and development of the convertible bond market.

Objectively speaking, compared with the major mature markets in the world, the domestic convertible bond market is relatively backward and still in the initial growth stage. In the long run, with the further development of China's capital market, especially the adjustment of corporate financing structure, convertible bonds, as a financing tool with both creditor's rights and equity nature, will surely develop steadily in China.

At present, there are 10 companies issuing convertible bonds, with a scale of 37.782 billion. It is estimated that by the end of 20 1 1, the market size of convertible bonds will reach about150 billion, and the market size will increase by about 50%. Such a large expansion will provide investors with more investment targets.