Why the Yingke convertible bonds rose so much

The Yingke bond is undoubtedly the highest price of convertible bonds, its current maximum price once reached 2360 yuan, while the issue price of convertible bonds is only 100 yuan, so why did the Yingke bond rise so much?

Why did the Yingke convertible bonds rise so much?

The price of convertible bonds is mainly affected by the price of its genuine shares, the reason why the price of Yingke convertible bonds can rise to the sky, and convertible bonds corresponding to the genuine shares of the Yingke medical (300677.SZ) continued to soar a lot of relations, the company is a disposable medical consumables and medical durable equipment manufacturers, revenue to disposable gloves based on the medical protection products, products mainly exported to the United States. The products are mainly export-oriented, so under the serious epidemic abroad, the performance of Ingenics Medical realize a big increase.

From the perspective of a single quarter, the fourth quarter of 2019 realized a net profit of 52.5487 million yuan, the first quarter of 2020 realized a net profit of 129 million yuan, the second quarter of 2020 realized a net profit of 1.792 billion yuan, and the third quarter of 2020 realized a net profit of 2.451 billion yuan, a strong performance of profit growth.

In short, the listed company's performance of Ingenics Healthcare significantly improved is the main reason for the substantial rise in Ingenics convertible bonds.