“Anyway, I\’m also a person who has participated in 50 billion projects!” A new investor of Societe Generale convertible bonds was very happy.
Industrial convertible bonds with a scale of 50 billion yuan were listed on the 14th. The opening price was 110 yuan, the highest stood at 112.24 yuan and closed at 111.06 yuan.
Such a trend has also brought good benefits to innovators. However, a considerable number of investors did not pay after winning the lottery and missed the opportunity to make money.
This year’s issuance of convertible bonds is endless, and there are many new opportunities. In the future, Bank Of Chongqing Co.Ltd(601963) , Tongwei Co.Ltd(600438) , Bank Of Chengdu Co.Ltd(601838) , Zhejiang Huayou Cobalt Co.Ltd(603799) and other large-scale varieties are still expected to bring good returns to the new family.
At noon on the 14th, Societe Generale convertible bonds once boarded the microblog hot search
10.91 million investors participated in innovation
On the 14th, Societe Generale convertible bonds opened at 110 yuan, which was close to the previous median market expectation, which was significantly better than the previous more cautious expectation.
After opening, Societe Generale convertible bonds only declined slightly, as low as 109.52 yuan. Then there was a flood of bills. The data showed that within one hour after listing, the transaction of the bond exceeded 20 billion yuan to 21.3 billion yuan. After the price fluctuated and rose, the highest station was 112.24 yuan and closed at 111.06 yuan.
With a scale of 50 billion yuan and a rating of AAA, Societe Generale is another super bank convertible bond in the market. The final winning rate was 0.09857132%, close to the level of “one household one signature”. There are 10.91 million new investors online. Based on the price trend on the 14th, the profit rate of each household is more than 100 yuan.
“The first purchase, good luck, two kilograms of beef” “two hands, sold, and added chicken legs at noon!” “Finally got together the ticket money to go home!” Judging from the messages on the social platform, most of the investors who won the signing were satisfied with the income.
Some people are happy and others are lost. The scale of Societe Generale convertible bonds is huge, and it is also the largest variety abandoned by new investors in the past year.
“I thought I would lose money. Even if I won 20 tickets, I didn\’t charge money. Did I lose 400 oceans? I began to feel heartache.” One investor regretted his previous decision.
The data show that the number of underwriting by the joint lead underwriters of Societe Generale convertible bonds is 389929, the underwriting amount is 389929000 yuan, and the underwriting proportion is 0.78%.
From this point of view, the pie hit the lead underwriter!
For the future of Industrial Bank Co.Ltd(601166) and Societe Generale’s convertible bonds, Zheshang Securities Co.Ltd(601878) is more optimistic. It gives that the target price is much higher than the current Industrial Bank Co.Ltd(601166) share price – maintain the target price of 33.50 yuan, and the rising space is still more than 50%.
On the 14th, the positive shares of Societe Generale convertible bonds Industrial Bank Co.Ltd(601166) closed at 20.66 yuan.
who’s next?
With the end of the issuance of Societe Generale’s convertible bonds, who is expected to become the next high and medium signing rate convertible bond variety has aroused heated discussion among investors.
From the data, with the surge in the number of participating households, the new winning rate of convertible bonds has fallen to the level of “one out of 25”.
The data show that at present, the number of new participants in the convertible bond market remains at the level of 11 million, and the new amount of rigid demand is 11 trillion yuan.
A private placement source said that from the current situation of enterprise issuance, if the scale is less than 10 billion yuan, there is no need to start offline issuance. Therefore, the larger the scale, the higher the winning rate of new online lottery.
“The issuance scale of a single type of convertible bonds needs to reach 11 billion yuan to reach the winning rate of nearly one thousandth of industrial convertible bonds. And it is still on the premise that the old shareholders do not participate. Therefore, industrial convertible bonds may become the peak of the winning rate this year.” The private placement source said.
In the future, the varieties of convertible bonds expected to achieve high and medium signing rate come from Bank Of Chongqing Co.Ltd(601963) (issuance scale of 13 billion) and Tongwei Co.Ltd(600438) (issuance scale of 12 billion yuan), but the plan for Bank Of Chongqing Co.Ltd(601963) has not been discussed yet. Therefore, the issuance of Tongwei Co.Ltd(600438) 12 billion yuan of convertible bonds will be another new feast for investors.
In addition, Bank Of Chengdu Co.Ltd(601838) , Qilu Bank Co.Ltd(601665) , China Galaxy Securities Co.Ltd(601881) , Zhejiang Huayou Cobalt Co.Ltd(603799) and other varieties with a scale of nearly 8 billion yuan are also expected to contribute a good return to the new family.
Of course, investors must also understand that although the convertible bond market is hot, there have been breaks before, so the new convertible bond is not a “sale” that can make a steady profit without losing.
