Midday summary on December 22 (released before 12:50 p.m. daily):
In early trading, the Shanghai Composite Index opened higher**, 2933 points, **15 points, the Shanghai market traded 184.2 billion yuan, and the Shanghai and Shenzhen markets 2345***2733**. The turnover of the convertible bond market was 29.1 billion yuan, with 398 convertible bonds and 143 bonds**.
Under the mysterious force to turn the tide, there is a trend of stabilization, but the trading volume is still not significantly enlarged, and we must be cautious. The momentum of the liquor sector that led yesterday weakened, and the leading drunkard led the way. Photovoltaic, lithium battery continues to be the first day, Deye shares, Lingpai Technology, Jiangte Motor, Qingyuan shares, Zhenbang Intelligence, Oujing Technology has been 2 consecutive daily limits, Oujing convertible bonds soared, up 1049%, from the ugly duckling listed at 116 yuan to a big dark horse at 155 yuan. The trend of Oujing convertible bonds should pay attention to the changes in the underlying stock and the trend of the photovoltaic sector.
The energy sector also rose well, led by PetroChina, Sinopec, CNOOC, CNOOC, China Shenhua, Yankuang Energy, Shaanxi Coal, and Huaibei Mining, and Huaibei Mining issued Huai 22 convertible bonds.
Daye convertible bonds fell 20% again, the history of demon bonds 2 consecutive fall limit seems to be the first time, the reason why it fell so the one hand, the premium rate of Daye convertible bonds is too high, on the other hand, at the end of January, the major shareholders ushered in the lifting of the ban, leaving little time for the main force to flee. It's almost the New Year, pigs and sheep are slaughtered in many places, and there are no pigs in the debt, but there are sheep.
ST Hongda fell again, which is 2 consecutive trading days when the stock price is below 1 yuan, and it will be delisted if it is below 1 yuan for 20 consecutive trading days. Hongda Convertible Bonds**522%, * price 69095 yuan. As a convertible bond with a risk of delisting, I think the current price of Hongda convertible bonds is still too high, which does not reflect the risk of delisting.
Kao's convertible bonds continued to be active with the underlying stock**, impulsing 8 points in early trading, regaining a stand of 120 yuan. Kao's convertible bonds have risen significantly in the short term, so it is advisable to beware of the death of the light when the good cash is realized, and the swing operation is appropriate.
Oujing Convertible Bond (SZ127098)$ Daye Convertible Bond (SZ123205)$ Kao Convertible Bond (SH113595)$ Convertible Bond
Reminder of the progress of the issuance of convertible bonds:The plan of the board of directors is approved by the general meeting of shareholders The CSRC is accepted by the exchange The issuance examination committee is approved by the Listing Committee The CSRC approves the registration and issuance announcement.
It has been approved by the China Securities Regulatory Commission for issuance
Yuanxin Industry, Hengfeng Tools, Kabeiyi, Jiayi Shares, Hunan Oil Pump, Songwon Shares, Zhenyang Development, Jizhi Shares, Winbond Health, Southeast Grid, High-tech Development, O.R.G., Yaoji Technology, Huana Pharmaceutical, Weikang Pharmaceutical, Jiahe Intelligence. (The next convertible bond to be issued and subscribed will be generated from the list).
It has been approved by the Issuance Review Committee
Liyang Chips, Weiming Environmental Protection, Huakang Medical, Tianrun Dairy, Yanpai Shares, Haoneng Shares, Chutian Technology, Longxing Chemical, Yifeng Pharmacy, Guojian Group, Hongbai New Materials, Wankai New Materials, Hebang Biotechnology, Xusheng Group. (The next step is to submit to the CSRC for approval).
**Weighting rate of more than 20% (dynamic change with stock price):Hebang Biotechnology, Southeast Grid, Wankai New Materials, Hongbai New Materials.
The proposed issuance scale is less than 400 million yuanJizhi shares (2.)5.5 billion), Jiayi shares (39.8 billion), Yuanxin Industry (28.7 billion).
Practical information query for debt conversion (click to read):
Concept classification of 500 convertible bonds (dynamically updated).
List of non-forcible redemption of convertible bonds (dynamically updated).
The circulation scale of the new convertible bonds and the date of lifting the ban (dynamically updated).
Special statement: The above is a record of my investment thoughts, not investment advice, please do not invest according to this, otherwise you will bear your own losses. There may be errors and omissions in the data cited in the article, which are for reference only, please refer to the announcement of the listed company. The ** mentioned in the article, I may have a position, and I have a sell plan at any time, so don't blindly copy the homework.
Author: Qian Liuliu
From**: Notes from the head of the money unit