The main aim of the paper is analyzing the impact of convertible bond arbitrage activity on stock market liquidity and efficiency.
本研究主要的目的是分析可转换债券套利行为对发债公司股票流动性和股票有效性的影响。
2
At present, some risks exist in the market of China's convertible bonds. Generally speaking, there is no obvious underestimate or overestimate, or obvious arbitrage space in the market price.