The winning rate of new bonds is very high, and investors can win more frequently. However, why do we often feel distressed about when to sell after winning? So, how can we sell convertible bonds best after they go public? Next, let's learn about the selling techniques for convertible bonds on their first day of listing.
How to sell convertible bonds after listing?
【1】 To determine a reasonable selling price, we can learn some new bond valuation techniques:
Find several convertible bonds with similar fundamental situations (including whether they are peers and whether their financial indicators are similar), refer to their conversion premium rates, and then estimate the price of convertible bonds based on the formula of convertible bond price=conversion value x (1+premium rate), conversion value=value=100/conversion price x current stock price.
【2】 The market atmosphere is also of utmost importance. If the current sector has a good atmosphere, it can be sold at a higher price. The essence of convertible bond speculation is actually speculation on the theme of underlying stocks, and we should actively pay attention to the market's sentiment towards underlying stocks.
The above is a sharing of selling techniques for convertible bonds on the first day of listing. The above methods may not be accurate, but they are a starting point. In actual investment, we can also combine technical charts, news coverage, and other factors of the underlying stocks to conduct comprehensive analysis.