On February 28th, the A-share convertible bond market is quietly heating up. Although there were zero new convertible bond issuances in February, six listed companies including Zhibang Home and Anke Innovation have already registered their convertible bond projects, and multiple companies such as PuLian Software have announced plans for convertible bond issuance. In addition, the first convertible bond of the Beijing Stock Exchange is about to debut, and its clause design is full of highlights, providing a reference for the market to price reasonably. Due to the reasonable design of the return risk mechanism, the convertible bond market has attracted much attention this year. The convertible bond market is growing into a market with a unique style, relatively stable investors, and return patterns. Recently, with the delisting of large convertible bonds worth billions of yuan such as CITIC and Daqin, and the generally small scale of new bonds, the convertible bond market is in a state of tight supply and demand. (Shanghai Securities News)
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