On January 31, the Shanghai Composite Index opened low and went low, **2789 points, **42 points, the Shanghai and Shenzhen markets traded 758.3 billion yuan, 489 stocks in the two cities, 4815 stocks **, and 27 stocks (22 stocks in the previous trading day). The turnover of the convertible bond market was 35 billion yuan, with 58 convertible bonds and 488 bonds**.
* It's so extreme that most people are numb to the loss, except for the short positions. In the past, the number of daily limit stocks was used to reflect market sentiment, but now the number of down limit stocks has to be used in reverse, and today there are 184 down limit stocks ......* Loss, also loss, it is rumored on the Internet that a certain tour capital lost 60% in three days, I don't know if it's true or not. However, a real ** tour capital that I usually pay attention to has lost 47% this week. In a bear market, no one has a magic trick to surpass the market.
Compared with the ** holder, the convertible bond investor may be better, after all, the convertible bond has a double magic weapon of the bottom and the downward revision, even if it falls now, once the downward revision may rise back, but it is extremely test of patience. As of today, there are 37 convertible bonds** less than 100 yuan face value, there is no lack of opportunities, some of the themes are good, or close to the resale, maturity time, ** is more likely, such as Guocheng convertible bonds, Haiyou convertible bonds, Shouhua convertible bonds, Jingrui convertible 2, Quanfeng convertible bonds, Lushan convertible bonds, etc.
But there are also some convertible debts, which look beautiful, but it is difficult to eat them. Such as falling to 79381 yuan of Diou convertible bonds, a premium of 10723%, the stock size reached 1.5 billion, and the market value of the underlying stock Diou Home Furnishing has fallen to 196.7 billion, the market value of the convertible bond is comparable to the underlying stock, if the current downward revision of the convertible bond to promote the conversion of shares, the shares of the major shareholders will be diluted without a trace. If it is not repaired, the 100% premium rate may make it a zombie debt for a long time. It's really difficult to go where to go.
Tomorrow the card will be listed on the 02 market, with an issue size of 52.9 billion yuan, with a circulation scale of about 20.2 billion yuan, the underlying stock card Beiyi was listed on the GEM of the Shenzhen Stock Exchange, which is the concept of auto parts. Kabeiyi issued Kabei convertible bonds two years ago, at that time, the issuance scale was small, and the convertible bonds did not have a price limit and investment qualification restrictions, and the highest price rose to 502 yuan, and the major shareholders made a lot of money from the placement. probably tasted the sweetness, so the card double transfer 02 was put on the release schedule.
But now is different from the past, and the good days of new bond listings making huge profits have passed. As of today, the value of the Ka Double Transfer 02 is only 7182 yuan, it is unlikely that there will be big meat to eat. It is expected to be listed for about 108 yuan.
Tomorrow Longxing convertible bonds will be issued, and I will subscribe for them.
Guocheng Convertible Bond (SZ127019)$ Haiyou Convertible Bond (SH118008)$ Kabei Convertible Bond 02 (SZ123238)$ Convertible Bond Convertible Bond Convertible Bond Observation
Practical information query for debt conversion (click to read):
500 convertible bonds concept classification (dynamic update).
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 the loss. 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
Daily transaction information summary
Top 5 gainers on January 31 (excluding new bonds):
Titan Convertible Bonds, Sailun Convertible Bonds, Heli Convertible Bonds, Start-up Convertible Bonds, and Zhaolu Convertible Bonds.
Top 5 decliners on January 31:
Red phase convertible bonds, northern convertible bonds, Xinzhi convertible bonds, Huayu convertible bonds, Kao convertible bonds.
Top 5 by turnover on January 31:
Huicheng convertible bonds, Admiralty convertible bonds, Oujing convertible bonds, Titan convertible bonds, and Northern convertible bonds.
Convertible bonds (underlying stocks) with a daily limit on January 31:
Not. Convertible bonds (underlying stocks) with a falling limit on January 31:
ST Hongxiang, Chengdi Xiangjiang, Sinochem Geotechnical, Huayu Mining, Zhongtian Hardcover, Leizhi Group, Fengshan Group, ST Kao.
Convertible bonds (underlying stocks) on the Dragon and Tiger List on January 31:
Xianggang Technology, *ST Red Phase.
Popular ETFs on January 31**:
30-year Treasury (511090). ETF** is traded like **, you can buy and sell directly in the trading software, and it will be charged at **transaction rate, no stamp duty).
Personal Choice Observation Convertible Bonds:
Zhaolu convertible bonds, Fengshan convertible bonds. (Follow-up observation, not brainless**, buying and selling points determine success or failure).
Convertible bond subscription, listing, forced redemption, maturity information:
Longxing convertible bonds, subscribed on February 1, and the underlying stock Longxing Chemical.
Kabei to 02, listed on February 1.
Han's convertible bonds are about to mature, and the last trading day is February 1.
Aihua's convertible bonds are about to mature, and the last trading day is February 27.
The convertible bonds of Hangzhou Electric Power are about to expire, and the last trading day is February 29.
The Golden Farmers Convertible Bond is about to mature, and the last trading day is March 5.
The long-term convertible bond is about to mature, and the last trading day is March 6.
Sailun convertible bonds are forcibly redeemed, and the last trading date is to be determined.
Kao convertible bonds for forced redemption, the last trading date to be determined.
Foreclosure countdown (may be triggered in the near future):
Hua Feng Convertible Bonds, 11-15.
Heli Convertible Debt, 10-15.
Pingmei Convertible Bonds, 9-15.
Hint: 13 15 means that it takes 15 trading days to meet the conditions for forced redemption, and 13 trading days have been met).
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 and the issuance examination committee is approved by the listing committee and approved by the CSRC and approved by the registration of the issuance announcement.
It has been approved by the China Securities Regulatory Commission for issuance
Yifeng Pharmacy, Hongbai New Materials, Yifeng Pharmacy, Yanpai Shares, Yuanxin Industry, Jiayi Shares, Xiangyou Pump, Songwon Shares, Jizhi Shares, Winbond Health, High-tech Development, O.R.G., Huana Pharmaceutical, Weikang Pharmaceutical. (The next convertible bond to be issued and subscribed will be generated from the list).
It has been approved by the Issuance Review Committee
Jujushun, Yuguang Gold and Lead, Fudan Microelectronics, Lingyi Intelligent Manufacturing, Zhenhua Shares, Aurisco, Huicheng Shares, Luokai Shares, Oulutong, Jusailon, Liyang Chips, Weiming Environmental Protection, Huakang Medical, Tianrun Dairy, Haoneng Shares, Guojian Group, 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, Wankai New Materials, Hongbai New Materials, Tianrun Dairy, Longxing Chemical, Yanpai Shares.
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), Weiming Environmental Protection (28.5 billion), Ju Sailong (2500 million).
Practical information query for debt conversion (click to read):
500 convertible bonds concept classification (dynamic update).
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 the loss. 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