Huicheng convertible bond price breaks through the 2000 yuan mark. Industry insiders: The "small cap" characteristics may continue to rise for reasons.

On July 3rd, the price of Huicheng convertible bonds broke through the 2000 yuan mark, becoming the second convertible bond in history to be priced above 2000 yuan, driven by the surge in the stock price of Huicheng Environmental Protection. Industry insiders pointed out that the "small-cap" characteristic of Huicheng convertible bonds may be the reason for their continued price increase. While investors are focusing on structural opportunities in the convertible bond market due to supply and demand imbalances, they should also be wary of the bubble risks of high-priced convertible bonds, conduct in-depth analysis of the company's fundamentals, and avoid blindly following trends.