The China Securities Convertible Bond Index hit a new high in nearly 10 years, and the convertible bond market entered a technical bull market

Golden Ten Data reported on March 17 that with the continuous strong rebound of the A-share market since September last year, the CSI Convertible Bond Index has shown a continuous upward trend. In the context of the imbalance between supply and demand of convertible bonds, the performance of the convertible bond market has been stronger since the beginning of this year, and the CSI Convertible Bond Index has continued to refresh new highs in this round of rebound. On March 17, the China Securities Convertible Bond Index rose by more than 438.30 points, a new high since June 2015. It is worth mentioning that since September last year, the cumulative increase of the CSI convertible bond index has exceeded 20%, and the convertible bond market has entered a technical bull market.