CITIC Construction Investment Securities: Neutral attitude towards convertible bond assets in the short term, optimistic attitude in the long term

robot
Abstract generation in progress

On October 30, China Securities Construction Investment Research Report said that it has a neutral attitude towards convertible bond assets in the short term and an optimistic attitude in the long term. The current valuation of convertible bonds has reflected optimistic expectations for the future of the equity market, but the key to whether the current layout can achieve returns lies in the upward slope of equity. At this stage, it is suggested that: (1) the layout of convertible bonds should gradually focus on high-quality fundamental bonds from the overall idea of "spreading BTC"; (2) It is recommended to follow the bonds with a remaining maturity of more than 4 years and (3) the next new bonds with a relatively low valuation.

BTC-2.58%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)