Core Viewpoint - The last trading day for Sheng24 Convertible Bond and Tongcheng Convertible Bond is November 10, with significant potential losses for investors who do not act in time [1][3][4]. Group 1: Important Dates and Actions - Investors are reminded that November 10 is the last trading day for Sheng24 Convertible Bond, and November 13 is the last conversion day [3][4]. - After November 13, unconverted Sheng24 Convertible Bonds will be frozen and cease trading, with a forced redemption price of 100.1677 CNY per bond [3][4]. - For Tongcheng Convertible Bond, the last trading day is also November 10, with a forced redemption price of 101.44 CNY per bond after November 13 [3][4]. Group 2: Financial Implications - As of November 7, the closing prices for Sheng24 and Tongcheng Convertible Bonds were 116.244 CNY and 125.413 CNY respectively, indicating potential losses of over 13% and 19% if investors do not act [4][5]. - There are still 344 million CNY and 113 million CNY of Sheng24 and Tongcheng Convertible Bonds respectively that have not been traded or converted, representing over 12% and 14% of the total [5]. Group 3: Redemption Mechanism - The forced redemption mechanism is triggered when the underlying stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [5]. - Investors can either sell the convertible bonds or convert them into shares to avoid losses, with the conversion price set at 12.51 CNY per share for Sheng24 and 31.11 CNY per share for Tongcheng [3][5]. - New regulations require a "Z" identifier to be added to the security name on the last trading day, alerting investors to act promptly [5].
注意!最后一天 这2只转债不及时操作或亏损
Shang Hai Zheng Quan Bao·2025-11-10 00:00