On March 6, the Shanghai Composite Index opened lower**, 3040 points, **8 points, the Shanghai and Shenzhen markets traded 931.8 billion yuan, 3439 ***1740**, 105 up limits, and 3 down limits. The turnover of the convertible bond market was 36.7 billion yuan, with 291 convertible bonds and 254 bonds**.
Today, the Shanghai Stock Exchange closed in the green sharply, and the transaction volume shrank to more than 900 billion yuan, but the performance was good, and the limit of 100 shares was limited. The daily limit stocks are concentrated in the fields of robots, computing power, electricity, semiconductors, and consumer electronics, with the robot concept of Ruineng Technology having a 14-day 10-day limit, the Anel of the computing power concept having a 7-day 7-day limit, and the Furong Technology of the consumer electronics concept having a 5-day 5-day limit. If you want to make money this year, you have to lock in the mainstream concept and follow the preferences of the market. How to find potential convertible bonds? It is best to find it from the convertible bonds that have risen and fallen in the past month. In the nightly review article of this number, the underlying stocks of the day's ** daily limit are listed, and it is easy to find seed players from them. The daily limit is the most convincing display of strength and a proof of the glory of excellence.
Stimulated by the trendy price limit of the positive shareholderEast Time Convertible BondsToday's pulse is 10%, *7%. Dongshi convertible bonds are rising with the underlying stock today, rather than a maverick demon, and the increase is not as good as when it is out of the underlying stock. Xianggang convertible bondsLater, it also rose sharply under the stimulus of the price limit of Xianggang Technology, **904%, ranking first on the list of gainers. Xianggang Technology's share price hit a new high in recent years today, and Xianggang's convertible bonds are small and the premium rate is small, so it is worth paying attention to in the future.
Snow Banyan Convertible BondsSuddenly increased the volume today**383% from 10275 yuan rose to 106688 yuan, the underlying stock did not rise sharply. The premium rate of Xuerong's convertible bonds is as high as 21722%, the usual daily turnover is only a few million yuan, and today it has skyrocketed to 100 million yuan. **May be related to the market's expectation that it will revise the share price downward.
Xuerong convertible bonds will meet the downward revision conditions on March 12, and will enter the buyback period on June 24, 2024, after entering the conversion period, investors have the right to ask the company to sell back the convertible bonds for 100 yuan, and the company may have to come up with a large amount of money. In order to avoid a buyback, the company may revise the conversion price downwards before entering the buyback period. So, today someone rushed to buy Xuerong in advance. Once it is downward, it is not a big problem for Xue Rong to convert bonds to 110 yuan. The question is, is the company really ready to go down, or is it wishful thinking that it will?
Since the beginning of this year, there has been a significant increase in the number of companies proposing downward revisions to stock prices, and the recent latent downward revision is a good strategy. Tomorrow there are convertible bonds that meet the conditions for the downward revisionShanshi convertible bonds, strong alliance convertible bonds, Chujiang convertible bonds, and Nenghui convertible bonds；The day after tomorrow is eligibleGuanglian Convertible Bonds, Daotong Convertible Bonds, Hexing Convertible Bonds, Wingtech Convertible Bonds, Yuxing Convertible Bonds, Tuosi Convertible Bonds, Starting Convertible Bonds, Keda Convertible Bonds, Shanbo Convertible Bonds, Zhengchuan Convertible Bonds, Chinachem Convertible Bonds, and Xingxing Convertible Bonds, which is estimated to have planned to be repaired.
Heilan convertible bondsForced redemption is announced, and the date of forced redemption is to be determined. At present, there is no premium for Heilan convertible bonds, and the market has expected forced redemption.
Pingmei converted into bondsAnnouncement, no forced redemption before June 6.
Dongshi Convertible Bond (SH113575)$ Xianggang Convertible Bond (SH113566)$ Xuerong Convertible Bond (SZ123056)$ Convertible Bond Convertible Bond Convertible Bond Observation
Daily transaction information summary
Top 5 gainers on March 6 (excluding new bonds):
Xianggang convertible bonds, Dongshi convertible bonds, Xuerong convertible bonds, Shenglu convertible bonds, Lidao convertible bonds.
Top 5 decliners on March 6:
Intelligent Debt Conversion, Convincing Debt Conversion, China Installation Debt Conversion, Radio and Television Debt Conversion, God Code Debt Conversion.
Top 5 by turnover on March 6:
Furong convertible bonds, Dongshi convertible bonds, Xianggang convertible bonds, Zhongqi convertible bonds, Longxing convertible bonds.
Convertible bonds (underlying stocks) with a daily limit on March 6:
Furong Technology, Shanghai Hugong, Xianggang Technology, Oriental Fashion.
Convertible bonds (underlying stocks) that fell on March 6:
Not. Convertible bonds (underlying stocks) on the Dragon and Tiger List on March 6:
Longxing Convertible Bonds, Furong Technology, Shanghai Hugong, Fulai New Materials.
Top ETFs on March 6**:
PV (515790), CSI 2000 (563300). 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:
Jincheng convertible bonds, Guilun convertible bonds, and Zhaolu convertible bonds. (Follow-up observation, not brainless**, buying and selling points determine success or failure).
Convertible bond subscription, listing, forced redemption, maturity information:
The Aodong convertible bond is about to mature, and the last trading day is March 8.
The geotechnical convertible bonds are about to mature, and the last trading day is March 12.
Zhaolu convertible bonds for compulsory redemption, the last trading day is March 20.
Foreclosure countdown (may be triggered in the near future):
Daqin Convertible Debt, 14-15.
Huai 22 Convertible Bonds, 14 15.
Cologne Convertible Bonds, 13-15.
Huicheng Convertible Bonds, 13-15.
Rayhoo Convertible Bonds, 13-15.
Yonghe 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
Liyang Chips, Weiming Environmental Protection, Eurocom, Jusailon, Huakang Medical, Hongbai New Materials, Yanpai Shares, Yuanxin Industry, Jiayi Shares, Hunan Oil Pump, Songwon Shares, Jizhi Shares, Winbond Health, High-tech Development, O.R.G., Warner Pharmaceuticals. (The next convertible bond to be issued and subscribed will be generated from the list).
It has been approved by the Issuance Review Committee
Related New Materials, Tederic Machinery, Jujushun, Yuguang Gold and Lead, Fudan Microelectronics, Lingyi Intelligent Manufacturing, Zhenhua Shares, Aurisco, Huicheng Shares, Luokai Shares, 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, Yanpai Shares, Huakang Medical, Yuanxin Industry, Hunan Oil Pump, Ruilian New Materials, Luokai Shares, Xusheng Group.
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