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Does Xiaodong say that CAITONG light convertible bonds are worth subscription?

Hello, everyone. I'm Xiaodong who says "wealth". Today, there is a convertible bond, that is, Tong Guang convertible bond can be purchased.

Although Xiaodong will also apply for the purchase of this convertible bond, it must be noted that Tong Guang convertible bond still has a certain risk of falling below the issue price.

Why are there risks? Is Xiaodong willing to apply? First, the current winning rate is not high, and Dingge's subscription does not necessarily win the first sign, that is, 1000 yuan; second, convertible bonds' have a guaranteed bottom '.

Introduction to convertible bonds

Briefly introduce convertible bonds. Convertible bond is a kind of bond that can be converted into stock under certain conditions. Therefore, convertible bond has the dual attributes of stock and bond.

Because of the protection of bond attributes, the price of convertible bonds can't fall when it reaches a certain price. For example, the lowest price of more than 100 convertible bonds listed is about 94 yuan. Of course, the market situation is not good, it may be even lower, but it is a big rule that convertible bonds have a minimum guarantee.

Convertible bonds are difficult to be capped because they also have the property of stocks. If the premium of convertible bonds is not too high, the price of convertible bonds and the price of regular stocks will generally fluctuate synchronously, but the range may not be the same. When the stock price of the positive stock rises, the corresponding convertible bond price will also rise, that is to say, it is difficult to cap the rise.

Convertible bond is a kind of relatively low-risk investment, which is worth understanding.

Tong Guang convertible bond

Tong Guang convertible bonds are convertible bonds issued by Tong Guang cable, a listed company of Shenzhen Stock Exchange. Tong optical cable is mainly engaged in the production, R & D and sales of special optical cable and communication cable.

The closing price of Tong Guang cable was 7.91 yuan last Friday, and the conversion price of Tong Guang convertible bonds was 7.98 yuan. When convertible bonds are issued, it is agreed that the convertible bonds can be converted into corresponding stocks at a certain price in the future, which is the conversion price of convertible bonds.

Based on this calculation, the conversion value of Tong Guang convertible bonds is 99.12 yuan.

Tong Guang's convertible bond rating is a +, which is relatively low; in comparison, the previously mentioned SPD convertible bond rating is AAA, and Taiji convertible bond rating is AA.

Note: welcome to WeChat official account, Xiao Dong said wealth. Welcome to the official account.

Disclaimer: the stock market is risky and investment should be cautious. The above remarks only represent personal opinions and do not constitute any investment suggestions.