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- The report provides a detailed analysis of the convertible bond market performance over the week from September 28, 2025, to September 30, 2025, highlighting the weekly price changes of various convertible bonds and their underlying stocks[1][7][17] - The report includes a comprehensive valuation analysis of convertible bonds, detailing the number of bonds within different price ranges and their respective median conversion premium rates[32][38][39] - The report tracks the terms of convertible bonds, noting the number of bonds that have triggered downward revision clauses and those that may trigger conditional redemption clauses in the upcoming week[42]

- The report primarily focuses on the performance of the convertible bond market and individual convertible bonds during the week of September 8 to September 12, 2025[1][6][10] - The convertible bond market indices, including the Shanghai Convertible Bond Index, Shenzhen Convertible Bond Index, and CSI Convertible Bond Index, recorded weekly returns of 0.326%, 0.599%, and 0.426%, respectively, underperforming the equity market indices such as the Shanghai Composite Index (1.524%) and CSI All Share Index (2.068%)[6][7] - The trading volume and value of the convertible bond market decreased by 8.33% and 6.35% week-over-week, respectively, while the corresponding trading activity for underlying stocks also declined by 5.65% and 2.77%[6][8] - As of September 12, 2025, the convertible bond market had 442 outstanding bonds with an issuance scale of approximately 716.27 billion yuan and a remaining scale of 576.96 billion yuan[10][13] - The median conversion premium of the convertible bond market was 24.94%, with an arithmetic average of 39.04%, both showing a week-over-week decline of 6.05% and 2.95%, respectively[10][14] - The top five gainers among individual convertible bonds for the week were Shenglan Convertible 02 (67.70%), Kaizhong Convertible Bond (46.96%), Jinwei Convertible Bond (39.32%), Haitai Convertible Bond (38.11%), and Jiaze Convertible Bond (26.33%)[15][16] - The top five losers among individual convertible bonds for the week were Haibo Convertible Bond (-23.58%), Huiche Convertible Bond (-18.60%), Dongjie Convertible Bond (-9.77%), Songyuan Convertible Bond (-8.23%), and Huicheng Convertible Bond (-7.99%)[15][16] - Convertible bonds were categorized by price ranges, with the majority priced between 120-130 yuan (29.66%) and above 140 yuan (29.66%), while the median conversion premiums for these categories were 46.24% and 9.72%, respectively[27][28][34]