这只银行转债，迎来最后交易日

Core Viewpoint - The Shanghai Pudong Development Bank's convertible bonds (浦发转债) are set to cease trading on October 23, with the final conversion date on October 27, and redemption of principal and interest scheduled for October 28 at 110 yuan per bond [1][2][4]. Group 1: Trading and Redemption Details - The last trading day for浦发转债 is October 22, after which trading will stop on October 23 [1][2]. - Holders can still convert their bonds into company stock between October 23 and October 27 [2]. - The total redemption amount for浦发转债 will be 110 yuan per bond, with funds distributed on October 28 [4]. Group 2: Conversion Activity - China Mobile converted 18.15 million浦发转债 into 150 million shares, increasing its stake from 17.80% to 18.15% [6]. - Other asset management companies (AMCs) have also participated in the conversion process, with significant conversions occurring in September and June [6]. Group 3: Market Impact - Following the expiration of浦发转债, the total number of bank convertible bonds in the market will reduce to six, with the overall scale dropping below one trillion yuan [7]. - The exit of multiple bank convertible bonds is expected to impact institutional investors' asset allocation, as these bonds are traditionally a core holding for fixed-income funds [7]. - The ongoing reduction in bank convertible bond supply is likely to alter market structure and trigger a demand for alternative investments [7].