Huakang shares convertible bonds are sought after by investors, how will it affect the market?Huakang shares recently successfully issued 130.3 billion yuan of convertible bonds have attracted the attention of the market. The company's main business is engaged in the research and development, production and sales of a variety of functional sugar alcohols and starch sugar products, and achieved operating income of 20 in the first three quarters of this year4.2 billion yuan, a year-on-year increase of 2856%。
At present, the total market value of Huakang shares is 540.1 billion yuan, with a dynamic P/E ratio of 1474 times, with a price-to-book ratio of 188 times. The placement conditions of convertible bonds further reduce the probability of online investors winning the lottery. Such a new convertible bond with good performance and attractive valuation has attracted many investors. The issuance of convertible bonds by Huakang shares has been well received by the market, mainly due to the attractiveness of the conversion value.
At present, the underlying stock price corresponding to the convertible bond is 2302 yuan, the conversion price is 2266 yuan, the value of the transfer of shares is 10159, it is estimated that the income of each winning lottery is more than 200 yuan. The value of Huakang's convertible bonds has been as high as more than 100 yuan, and if the follow-up stock follows the shareholders who won the Huakang convertible bonds, the new income will also rise.
Whether the market will be **, this question is "the benevolent see the benevolent and the wise see the wise", but judging from the situation that ** is at today's low level, it should be a high probability event upward. In the current market environment, many high-quality products are undervalued, and investors can use these to obtain future gains. With the gradual recovery of the economy and the improvement of corporate earnings, the confidence of the market will gradually return, which will also help to drive the ** of **.
When the market bottoms, investors should remain calm and avoid blindly following the trend. Finally, how should investors view the current market move?What are your thoughts on investing in convertible bonds?Feel free to leave a comment to share your views and suggestions.