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可转债是具有可转换性质的公司债券,即可在规定的期限内、按规定的转换价格将债券转换成发行可转债企业的股票。可转债作为一种混合证券,具有“进可攻、退可守”的优势。对投资者来说,可转债就是“有保证本金的股票”。如果发行公司业绩增长良好,股票价格上涨,投资者可以将可转债转换为基准股票,获得出售股票的收入或获得股息收入,以分享股价上涨带来的超额回报;如果股票价格下跌,
Convertible bonds are convertible corporate bonds, that is, within the prescribed time limit, the conversion price of the bonds converted into shares issued convertible bonds business. Convertible bonds as a hybrid securities, with “attacking, retreat”. For investors, convertible bonds are “guaranteed stock”. If the issuer’s performance grows well and the stock price goes up, investors can convert the convertible bond into a benchmark stock, get the proceeds from the sale of the stock or get the dividend income to share the excess return caused by the stock price rise; if the stock price falls,