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It fell by more than 19% in one day, and nearly 100 fell below the face value. Why do convertible bonds "fall and fall"?

On June 25th, the convertible bond market, which used to "attack and retreat", is ushering in a new round of deep adjustment. As of the 25th, 98 convertible bonds have fallen below par. According to Choice data, the above 98 low-priced convertible bonds have all fallen in the past five trading days, and more than 30% of convertible bonds have fallen by more than 10%. At the same time as the market adjustment, institutions' views on the market outlook have also diverged. Some institutional people...

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2024-06-25 22:21:20