What are the new rules for convertible bonds?

1. Investors can only use one securities account for online subscription of convertible bonds.

2. If the investor fails to pay in full after winning the lottery for three times in a row 12 months, he shall not participate in the subscription of new shares within six months. The number of times to give up subscription is calculated according to the number of new shares, convertible bonds and exchangeable bonds actually given up by investors. Investors purchase a convertible bond through multiple securities accounts, but fail to pay in full after winning the lottery. The number of times to give up the subscription shall be subject to the number of subscription accounts.

The content of this article comes from: China Law Publishing House "General Knowledge Series of Legal Life"