Many retail investors who participate in this activity do not even know that these convertible bonds, which have a premium of several times, have an expiration date. If they buy them at such a premium, the convertible bonds in their hands will be worthless by then.
2. There is not much choice.
The more trouble people are in, the more they will dare to take risks in order to gain a chance to come back to life, so there is an old saying that goes "burn your boats and burn your boats."
Everyone can see what the current market situation is like. In the ivory coast telegram data short term, it is difficult for the fundamentals to provide sufficient logical support, and the policy is in a short-term window period, but external unfavorable factors are frequently transmitted in to exacerbate market pressure. The winning rate of A-share investment is declining significantly. But on the other hand, in the peripheral markets, such as the US stock market, there has been almost a one-sided bull market in the past decade or so. Even if there is a short-term sharp drop, it will rise again quickly, and the investment success rate can basically be said to be a win without any effort this was the case in the past.
The emergence of cross-border ETFs such as the S&P Consumer ETFUS 50 ETFNasdaq ETF just provides domestic investors with the opportunity to indirectly invest in these peripheral markets, which have a significantly higher winning rate in the past, and it can also be a T+0 model that allows them to "stop at any time.