There was no decline on the first day, with an average increase of 29.77% and a maximum increase of 43.5%. In January 2022, when the market volatility increased, such a report card can be called amazing.
In January 2022, the fluctuation of the secondary market did not affect investors’ pursuit of new convertible bonds. On the first day of the listing of new bonds, the opening “one-stop board” almost became the standard configuration. Many convertible bonds triggered a temporary stop in the bidding stage, and the closing price was mostly kept at a high position, so that new participants could get good returns
the “report card” of the first month is bright
In January 2022, a total of 11 convertible bonds were listed in Shanghai and Shenzhen markets, with remarkable performance on the first day.
No decline;
The average increase was 29.77%, far exceeding the average increase of 10.37% in January 2021;
7 convertible bonds increased by 30% or more;
Tailin convertible bonds, with the highest increase, rose 43.5%;
The “bottom” industrial convertible bonds also rose 11.06% on the first day;
Among the 11 new bonds, 10 had triggered a temporary stop due to an increase of 20% or more and 30%.
Source: China Securities Journal
sought after by various funds
Good performance, “fans” are inevitable.
In January 2022, a total of 7 convertible bonds were issued, and the lowest online winning rate was only 0.0004%, which means that an average of 250 households can win one lot; Among them, the number of effective online subscription of Taiwan 21 convertible bonds is about 11.07 million, second only to the guiran convertible bonds issued at the end of December last year, which once again exceeds the 11 million mark.
Among them, the fund can be called the “number one fan”.
According to Gf Securities Co.Ltd(000776) calculation, in the fourth quarter of 2021, under the strong performance of convertible bonds and the continuous subscription of debt institutions, the overall scale of convertible bond funds continued to increase significantly month on month, successfully exceeding 65 billion yuan, and two 10 billion convertible bond funds were born in the convertible bond market. Supported by the excellent performance of the convertible bond market, huitianfu convertible bond and Penghua convertible bond reached RMB 11.422 billion and RMB 10.187 billion respectively in the fourth quarter of 2021.
According to the analysis of insiders, under the background of “asset shortage”, convertible bonds have become an important target for the allocation of many fixed income products. Due to the characteristics of low withdrawal and stable yield, bond funds have become the core main force of convertible bond holdings.
