China’s CSI Convertible Bond Index Opens Up 0.28%

Convertible bonds are a hybrid corner of China's onshore market, so a firm open paired with such a wide gap between individual names — leaders up more than 5% while laggards slip — points to credit- and story-specific dispersion rather than broad beta. That split is the notable signal: the index level masks very different outcomes across issuers. Whether the leaders' outperformance holds or proves a one-session move is the open question worth watching.