The Garden convertible bonds are temporarily finished for now. Keep an eye on them at any time. I’m still planning to start buying around 132. If there’s only one or two days left to avoid forced redemption, I can increase the price. I checked the time distribution for Hangxin convertible bonds meeting 130, and given the current market conditions, it seems unlikely to be forcibly redeemed. The market cap is small, and I can accept a higher price. The only downside is that there’s less than half a year until maturity, but the minimum redemption price of 118 has also increased. I’ll also set up a grid of 10 lots at 1 yuan to catch some quick gains.
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Buy 100 shares of Hangxin Convertible Bond at 136.9
The Garden convertible bonds are temporarily finished for now. Keep an eye on them at any time. I’m still planning to start buying around 132. If there’s only one or two days left to avoid forced redemption, I can increase the price. I checked the time distribution for Hangxin convertible bonds meeting 130, and given the current market conditions, it seems unlikely to be forcibly redeemed. The market cap is small, and I can accept a higher price. The only downside is that there’s less than half a year until maturity, but the minimum redemption price of 118 has also increased. I’ll also set up a grid of 10 lots at 1 yuan to catch some quick gains.