Convertible bonds are new, that is, listed companies that issue convertible bonds will first put some chips in the market for everyone to subscribe, which is equivalent to sending a number to everyone who participates in the new subscription, and then listed companies will announce who can qualify for convertible bonds by drawing lots within 30 days.
If you are qualified, it is called winning the lottery, which is equivalent to the license plate lottery in Guangbei. It is a truth to get the license plate qualification by shaking the number. There are three ways to deal with convertible bonds:
The first type: convertible bonds charge principal interest after maturity, which needs to be held for 5 to 6 years, and the annual fixed rate of return is extremely low, and the principal and interest can be repaid after maturity. This method can protect the capital, but it takes too long and is not recommended.
The second type: debt-to-equity swap, from creditors to shareholders. If the conversion price is lower than the stock price, there will be difference income, but the difference is usually not too much. In addition, convertible bonds can not be converted until 6 months after listing, which is not recommended.
The third type: convertible bonds are sold on the day of listing. Investors who win lots buy at the original price of 100 yuan each, and then sell them on the day of listing. Usually the income is between 65,438+00% and 30%. This method is usually the highest and recommended.