Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What is the limit of convertible bonds?
What is the limit of convertible bonds?
Convertible bond is a kind of bond issued by listed companies, which is financed like the public. After listing, investors can trade in the secondary market. So, what is the upper price limit of convertible bonds? How to operate convertible bonds? The following Xi Cai Jun has prepared relevant contents for your reference.

The increase of convertible bonds on the first day of listing is limited to 57.3%, and the decrease is limited to -43.3%. The 20% increase limit will be introduced the next day. At the same time, if the intraday transaction price exceeds the issue price by 20% or more for the first time, the trading will be suspended temporarily for 30 minutes. If the intraday transaction price rises or falls by 30% or more than the issue price for the first time, the temporary suspension will last until that day 14:57. If the temporary suspension time exceeds 14:57, the trading will resume on the same day 14:57.

Investors buying and selling convertible bonds is similar to buying and selling stocks. Enter the convertible bond code in the stock trading interface, enter the buying and selling quantity, and click Buy or Sell. Among them, investors can buy and sell convertible bonds according to the following factors:

1, time-sharing chart of convertible bonds

Buy when the price of convertible bonds falls and touches the average price line, or buy when the price of convertible bonds breaks the average price line, or sell when the price of convertible bonds falls below the moving average, or sell when the price rises again.

2. Positive trend

Buy when the positive shares end the downward trend and start the upward trend, sell when the positive shares end the upward trend and start the downward trend, or when the positive shares stop trading, investors can take the opportunity to buy some convertible bonds and then sell them when the convertible bonds rise far above their position price.

3. Game resale arbitrage

When the stock price rises, investors can arbitrage by converting the stock into shares at a discount, that is, buying and selling it repeatedly at about 70% of the conversion price to obtain arbitrage; When the conversion price decreases, investors can buy convertible bonds and adopt the arbitrage strategy of reducing the conversion price by game.

4, the game down to the stock price arbitrage.

When listed companies reduce the conversion price, the motivation for conversion is usually very strong. At this time, if the convertible bonds can be successfully converted, the arbitrage will be successful and the profit space will be relatively large.