Say goodbye to "can issue but cannot be traded", convertible bonds return to the bank as the "main channel for blood transfusion"

With the warming up of the banking sector, the long silent convertible bond market for banks has ushered in a long-lost "conversion wave". From the conversion rates of over 99% for banks like Nanjing Bank and Hangzhou Bank, to the introduction of "white knights" for conversion like Everbright Bank and Shanghai Pudong Bank, to shareholders of Citic Bank and Industrial Bank taking the initiative to assist in conversion, bank convertible bonds are breaking free from the awkward situation of "can issue, but can't convert", and moving towards a new stage of "can issue, can convert".