华安转债什么时候可以交易 华安转债转股价格什么意思

Huaxia convertible bonds are expected to trade on October 19, 2022 after a recent announcement regarding the lowering of conversion prices. Let's dive deeper into the details of when Huaxia convertible bonds can be traded and what the conversion price adjustment means.

1. Conversion Price Trigger

On October 17, 2022, due to the triggering of the conversion price downward adjustment clause, Guotai Junan announced that they will not exercise the right to lower the conversion price of "GuoJun convertible bonds." This decision will remain in effect for the next six months.

2. Subscription and Bond Details

Back in April 2020, the online subscription rate for Huaxia convertible bonds was at 0.0227%. The bond had a lower pure value and was issued at a premium, with a moderate safety margin. The conversion start date was September 18, 2020, and the redemption start date is set for March 11, 2024. The bond was highly rated, and the company has shown good profitability in the past two years.

3. Conversion Impact on Stock Trading

Once the Huaxia convertible bonds are converted, the next trading day allows investors to sell the converted shares. This means that investors can see the shares in their stock holdings the following trading day and can proceed with selling them, following the T+1 trading model in the A-share market.

4. Suspension During Equity Distribution

Between June 19, 2023, and the equity distribution registration date, the conversion of Huaxia convertible bonds will be suspended. This allows for a smooth process during the equity distribution phase for the company.

5. Recent Announcement by Huaxia Securities

On September 14, 2023, Huaxia Securities announced that the conversion of Huaxia convertible bonds will start on September 18, 2023. This move indicates a significant development in the trading of these bonds and their conversion into stock shares.