| 代码 | 简称 | | 涨跌幅% ↓ | | --- | --- | --- | --- | | 123241.SZ | 欧通转债 | 592.86 | 15.15 | | 123260.SZ | 卓镁转债 | 173.854 | 10.52 | | 113667.SH | 春23转债 | 180.939 | 7.18 | | 118048.SH | 利扬转债 | 212.401 | 6.10 | | 123203.SZ | 明电转02 | 144.147 | 5.68 | | 113687.SH | 振华转债 | 411.396 | 4.68 | | 123222.SZ | 博俊转债 | 210.835 | 4.58 | | 110096.SH | 豫光转债 | 182.7 | 3.80 | | 代码 | 简称 | 最新 | 涨跌幅% ↑ | | 113695.SH | 华辰转债 | 160.878 | -7.84 | | 113575.SH | 东时转债 | 249.85 | -3.12 | | 123117.SZ | 健帆转债 | 118.552 | -1.66 | | 123234.SZ | 中能 ...

Core Viewpoint - The China Convertible Bond Index experienced a decline of 0.29% on November 14, closing at 493.15 points, indicating a mixed performance in the convertible bond market [1] Summary by Category Market Performance - The index closed at 493.15 points, reflecting a decrease of 0.29% [1] - Notable declines were observed in several convertible bonds, including Dongshi Convertible Bond (-14.45%), Cewei Convertible Bond (-10.07%), Huamao Convertible Bond (-4.13%), Limin Convertible Bond (-4.12%), and Liyang Convertible Bond (-3.92%) [1] - Conversely, some convertible bonds showed significant gains, such as Dazhong Convertible Bond (+9.37%), Zhongneng Convertible Bond (+6.51%), Huicheng Convertible Bond (+5.15%), Shuyuyuan Convertible Bond (+4.90%), and Qingyuan Convertible Bond (+4.57%) [1]

Group 1 - The core point of the article is the performance of the Zhongzheng Convertible Bond Index, which rose by 0.32% to 485.57 points on October 29 [1] - Notable gainers in the convertible bond market include Zhenhua Convertible Bond, Dazhong Convertible Bond, Yuguang Convertible Bond, Jincheng Convertible Bond, and Yinlun Convertible Bond, with increases of 8.12%, 6.68%, 4.89%, 4.57%, and 4.46% respectively [1] - Conversely, the biggest losers were Tongguang Convertible Bond, Chenfeng Convertible Bond, Haineng Convertible Bond, Liyang Convertible Bond, and Anji Convertible Bond, which saw declines of 4.73%, 3.11%, 2.67%, 2.48%, and 2.41% respectively [1]

Core Points - The Zhongzheng Convertible Bond Index opened at 487.44 points, experiencing a decline of 0.08% [1] - The largest declines were seen in the following convertible bonds: Yuguang Convertible Bond (-4.13%), Enjie Convertible Bond (-2.53%), Outong Convertible Bond (-2.36%), Liyang Convertible Bond (-2.36%), and Lushan Convertible Bond (-2.24%) [1] - Conversely, the top gainers included Zhonghuan Convertible Bond (+20.00%), Limin Convertible Bond (+5.64%), Lizhong Convertible Bond (+3.80%), Zhongchen Convertible Bond (+1.62%), and Sheng24 Convertible Bond (+1.56%) [1]

Group 1 - The China Convertible Bond Index fell by 0.33% to 468.18 points on September 4 [1] - The largest declines were seen in Zhenhua Convertible Bond, Liyang Convertible Bond, Weidao Convertible Bond, Huamao Convertible Bond, and Ruichuang Convertible Bond, with declines of 8.64%, 6.67%, 5.69%, 5.69%, and 4.80% respectively [1] - The top gainers included Tianchuang Convertible Bond, Jingxing Convertible Bond, Dianhua Convertible Bond, Honghui Convertible Bond, and Hengshuai Convertible Bond, with increases of 5.33%, 4.73%, 4.38%, 3.57%, and 3.51% respectively [1]

Group 1 - The China Convertible Bond Index opened up 0.13% on September 4, reaching 470.37 points [1] - Yiwei Convertible Bond increased by 3.80%, Jingxing Convertible Bond rose by 2.95%, and Xingqiu Convertible Bond gained nearly 2.90% [1] - Xuelong Convertible Bond decreased by 3.68%, Qianglian Convertible Bond fell by 2.45%, and Liyang Convertible Bond dropped by 1.35% [1]

Group 1 - The China Convertible Bond Index fell by 0.03% to 468.39 points on September 3rd [1] - The largest declines were seen in the following convertible bonds: Gaomei Convertible Bond (-6.75%), Zhenyang Convertible Bond (-6.42%), Weidao Convertible Bond (-5.87%), Jinlun Convertible Bond (-5.06%), and Fuxin Convertible Bond (-3.77%) [1] - The top gainers included Lushan Convertible Bond (+9.89%), Dongjie Convertible Bond (+9.28%), Jingxing Convertible Bond (+6.24%), Liyang Convertible Bond (+4.57%), and Yiwei Convertible Bond (+3.86%) [1]

Group 1 - Liyang convertible bonds increased by over 15% [1] - Aofei convertible bonds, Fumiao convertible bonds, and Shentong convertible bonds rose by over 5% [1] - Songlin convertible bonds and Dayuan convertible bonds decreased by 1% [1]

Group 1 - The board of directors of Guangdong Liyang Chip Testing Co., Ltd. held its tenth meeting on August 6, 2025, and unanimously agreed to waive the notice period for the meeting [2] - The meeting was legally convened with all nine directors present, ensuring compliance with relevant laws and regulations [2][4] Group 2 - The board approved the proposal not to redeem the "Liyang Convertible Bonds" early, despite the bonds triggering conditional redemption terms due to stock price performance [3][8] - The stock price met the condition of being at least 130% of the current conversion price (16.12 CNY) for 15 out of 30 trading days, equating to a price of 20.956 CNY [15] - The company will not exercise the early redemption right for the next six months, from August 7, 2025, to February 6, 2026, even if the redemption conditions are triggered again [3][16] Group 3 - The "Liyang Convertible Bonds" were issued with a total of 5.2 million bonds, each with a face value of 100 CNY, raising a total of 520 million CNY [9] - The initial conversion price was set at 16.13 CNY per share, which was adjusted to 16.12 CNY following an increase in the company's total shares [10][11] - The bonds are set to mature on July 1, 2030, with a redemption price of 115% of the face value at maturity [13]

Group 1 - The company has triggered the conditional redemption clause for its convertible bonds, "Li Yang Convertible Bonds," as the stock price has met the required threshold of 130% of the current conversion price of 16.12 CNY per share for 15 out of 30 trading days from July 7, 2025, to August 6, 2025 [1][4] - The board of directors has decided not to exercise the early redemption rights for the "Li Yang Convertible Bonds" due to the short time since issuance and the desire to treat all investors fairly, considering the company's fundamentals and market conditions [4][5] - The company will not propose a conditional redemption plan if the "Li Yang Convertible Bonds" trigger the redemption clause again within the next six months, from August 7, 2025, to February 6, 2026 [2][4] Group 2 - The company was approved to issue 5.2 million convertible bonds with a face value of 100 CNY each, raising a total of 520 million CNY, with a net amount of approximately 512.89 million CNY after expenses [2][3] - The initial conversion price for the "Li Yang Convertible Bonds" was set at 16.13 CNY per share, which was adjusted to 16.12 CNY per share following the completion of a stock incentive plan [3][4] - The company has disclosed the trading activities of its major shareholders and executives regarding the "Li Yang Convertible Bonds," indicating that the controlling shareholder and other related parties did not trade the bonds during the six months leading up to the redemption condition being met [5]