The first batch of convertible bonds will be issued in April.

Wind data shows that the outstanding balance of the convertible bond market has approached 500 billion yuan in recent days, a decrease of nearly 40% from the end of 2023 when it was 875.8 billion yuan. At this time, the convertible bond market has finally welcomed new bond supplies. On April 16th, KeMa and SiDa, two convertible bonds focusing on the semiconductor industry, officially started online subscriptions. Overall, the efficiency of convertible bond approvals is improving, especially with the more efficient approval process from the China Securities Regulatory Commission. According to statistics, in April, a total of five companies received approval from the China Securities Regulatory Commission to issue convertible bond proposals, namely iCarbonX Tech, Aoxing Corporation, Golden Sanjiang, Devon Wood, and Huaxiang shares.