TREE NEWS reports: The CSI Convertible Bond Index opened 0.27% higher. Huafeng, Aohong, Qizhong, Luwei and Benchuan convertible bonds led the gains, rising 3.36%, 2.92%, 2.73%, 2.07% and 2.06% respectively. Haoyuan, Heda, Yubang, Long22 and Jianlong convertible bonds led the declines, falling 0.64%, 0.48%, 0.46%, 0.37% and 0.27% respectively.
CSI Convertible Bond Index Opens Up 0.27%
The index's gain is broad but shallow, with the strongest movers concentrated in a handful of names rather than a uniform bid, which suggests idiosyncratic flows rather than a shift in convertible sentiment. The dispersion between the top gainers near 3% and the worst decliners under 1% points to uneven positioning across the cohort. Whether that spread persists or narrows as the session develops is the open question.
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