Too crazy! Convertible bond market 15 times a day, maximum turnover 12570percent

category:Finance
 Too crazy! Convertible bond market 15 times a day, maximum turnover 12570percent


Photo source: photo web

Under the stimulation of several demon debts being fried to the temporary stop, more varieties began to suffer from the fierce attack of funds, and the abnormal trend of breaking away from the main stocks one after another.

Rare fuse surge! The total turnover of convertible bond market exceeded 71 billion yuan

Since the last hype of demon debt in March, the phenomenon of collective triggering fusing of convertible bonds has reappeared!

On October 20, after the opening of trading, many convertible bonds, such as Shenglu, Henghe and Landun, immediately triggered the intraday circuit breaker. Since then, more than 10 convertible bonds have triggered the circuit breaker successively. Among them, Shenglu convertible bonds triggered 20% of the intraday red line, and then hit 30% of the intraday fusions. After the suspension for half an hour, it rose sharply again, up to 60%, which greatly mobilized the market atmosphere.

Kailong convertible bonds and radio and television convertible bonds rose by more than 20%, triggering a temporary suspension of trading. After the temporary suspension, the increase of Blue Shield convertible bonds, Shenglu convertible bonds and Henghe convertible bonds expanded to 30% after the resumption of trading, and the second temporary suspension of trading was triggered.

By the end of the 20th, most of the convertible bonds had recovered their gains. Only Shenglu convertible bonds rose 32.29% to 336 yuan, while the China Securities convertible bond index closed up 0.44%.

From the perspective of turnover rate, Blue Shield convertible bonds and Shenglu convertible bonds are more than 100 times, and a total of 16 bonds have a turnover rate of more than 10 times. Among them, Landun convertible bonds totaled 12.6 billion yuan, molding convertible bonds reached 4.3 billion yuan, and Shenglu convertible bonds reached 1.6 billion yuan, leading the market. The total turnover of convertible bond market also reached 71 billion yuan.

When it comes to the reasons behind the circuit breaker wave of convertible bonds, the article of China Securities Journal said that the emergence of the circuit breaker tide was accompanied by a surge in turnover rate, and the trend deviated from the stock market, indicating the risk of fund speculation.

Successfully rubbed against the quantum hot spot, Blue Shield convertible bond broke four times in two days

Total market value of the trading amount of the shares exceeding the normal value

Blue Shield convertible bond is undoubtedly one of the most eye-catching. Blue Shield convertible bonds rose nearly 100% in three trading days, and hit the circuit breaker four times in two trading days, causing strong market concern.

Recently, quantum communication concept stocks have shown strong performance. Blue Shield shares had a one word trading limit on October 19, which made the funds that failed to get on the train in time turned their attention to its convertible bonds, which triggered speculation. A large number of hot money poured in, causing it to stop several times. Finally, the market closed up more than 64% and the turnover reached 5.611 billion yuan.

On October 19, the Blue Shield convertible bonds rose 64%, showing the effect of making money. On October 20, a large number of follow-up funds came into the market, continuing the madness of the day before yesterday. In the morning of the 20th, after two rounds of temporary suspension, the price of Blue Shield convertible bonds once again rose to 467.944 yuan. In two days, the price of the convertible bonds easily doubled to a record high. However, what investors didnt expect was that the price of Blue Shield convertible bonds continued to fall in the afternoon, and the rise was narrowed to 13% by the end of the day. The price dropped by more than 100 yuan from the high point. The sharp rise and fall in the day also caused heavy losses to the high-level investors.

It is worth noting that not long ago, Blue Shield announced that recently, through the results of public information inquiry such as China executive information disclosure network and Tianyan, we learned that Ke Zongqing and Ke Zonggui, the controlling shareholders of the company, some subsidiaries and the company were included in the list of dishonest Executees, which is commonly known as Lao Lai.

Convertible bonds bring a wave of circuit breakers and many companies prompt trading risks

On the 20th, the convertible bond market triggered the circuit breaker 15 times, and a number of listed companies prompted trading risks.

Landun shares announced in the evening that recently, the price of Blue Shield convertible bonds has seriously deviated from the relationship between the companys share price and has deviated from the reasonable value range, and has nothing to do with the market macro environment, industry situation and operation conditions, mainly due to the influence of market funds. In addition, for the concept of quantum communication, the company announced that it had not carried out market business in the field of quantum technology and had no relevant business income.

Shenglu Communications said that recently, the price of Shenglu convertible bonds is relatively high, which is mainly due to the small circulation of convertible bonds of the company, which is affected by market funds. Please pay attention to the investment risks of the majority of investors. The closing price of Shenglu convertible bonds increased by 32.29%, and the turnover rate reached 3109.92%.

Molding technology also pointed out that there is no information that should be disclosed but not disclosed by the company. The company will strictly comply with the provisions and requirements of relevant laws and regulations, conscientiously perform the obligation of information disclosure and do a good job of information disclosure in a timely manner. Moulded convertible bonds rose 27.75% on the 20th.

According to securities companies in China, Yu Jingwei, a bond analyst with CITIC Securities Research Department, believes that the convertible bond index has been relatively stable this year, but there are several target stocks that have skyrocketed in the year. The common feature of these hot speculation convertible bonds is that the market value is small and easy to control. Meanwhile, in terms of trading mechanism, the convertible bonds have no limit on limit, and they are t + 0 mechanism with less capital Gold can pry the mark. He also pointed out that many hot speculation stocks are hot money in the participation, the participation of institutional investors is very low. At present, the premium rate of some convertible bonds is relatively high, which has deviated from its own fundamentals and industry average. Recently, the relative value of the premium rate of some convertible bonds is still rising, and the irrationality of trading is further enhanced. It is easy for individual bonds to rise and fall in a single day. Investors should be careful of the risks and not blindly follow suit. (this article is for reference only, and does not constitute investment advice. Therefore, the risk of operation shall be borne by yourself). Official: the grain harvest has become a foregone conclusion, and the output is expected to reach the best level in history. Credit card players scramble for xinfeifei: Crazy delay risk, one flight makes 8000 Wei to plan self-developed chip! Li Bin is actively promoting the establishment of an independent team_ NF4368

According to securities companies in China, Yu Jingwei, a bond analyst with CITIC Securities Research Department, believes that the convertible bond index has been relatively stable this year, but there are several target stocks that have skyrocketed in the year. The common feature of these hot speculation convertible bonds is that the market value is small and easy to control. Meanwhile, in terms of trading mechanism, the convertible bonds have no limit on limit, and they are t + 0 mechanism with less capital Gold can pry the mark.

He also pointed out that many hot speculation stocks are hot money in the participation, the participation of institutional investors is very low. At present, the premium rate of some convertible bonds is relatively high, which has deviated from its own fundamentals and industry average. Recently, the relative value of the premium rate of some convertible bonds is still rising, and the irrationality of trading is further enhanced. It is easy for individual bonds to rise and fall in a single day. Investors should be careful of the risks and not blindly follow suit.

(this article is for reference only and does not constitute an investment proposal. Therefore, the operation risk shall be borne by yourself.)