Scarcity highlighted, convertible bonds favored by capital

Jinshi Data News on February 7th, since the beginning of 2025, the convertible bond market has performed well, and the convertible bond index has been pumping continuously; the recently disclosed fund Holdings data shows that many institutions have shown favoritism towards convertible bonds. Market analysts believe that the net reduction in supply has strengthened the scarcity of convertible bonds, while the gradual release of demand from institutional investors has led to a situation where convertible bonds are in short supply and the valuation is rising. Looking ahead to the whole year, convertible bond credit risk will be effectively alleviated, and the equity market is also expected to drive the performance of convertible bonds.