Recently, it seems that several convertible bonds that have already been revised downward and those pending downward revision are not performing well?

The Longda convertible bond market almost expects repayment at maturity, of course possibly because the time is too short.

Hongtu convertible bond and Wentai convertible bond only have a chance if they are downsized, right? Is the market afraid that the downsizing won’t go through or that the company can’t hold up? Or is it because the circulating volume is too large?

If it were other convertible bonds, at this stage, the minimum price would be around 120 to 125, right? Some are even above 130, so there’s little room to buy.

These two offer too much room, which makes people suspicious, feeling that funds are fleeing.