The Application Analysis and Risk Prevention in Rapid Development of Exchangeable Bonds

DOI

10.2991/icmess-18.2018.208How to use a DOI?

Keywords

Exchangeable bond; Risk prevention; Major shareholder reduction

Abstract

The exchange bones have been rapidly developed since 2016, and plays an increasingly significant role in China's financial market. In this paper, the concept and main characteristics of exchangeable bonds were introduced, and the exchangeable bonds issued from 2013 to the first quarter of 2018 in China were also analyzed. Moreover, through the study of several classical cases to explore the better use of exchangeable bonds, this paper also analyzes the risk of exchangeable bonds in market and puts forward some Suggestions. The results obtained show that for the risks prevention of exchangeable bonds, the supervision of exchangeable bonds should be strengthened, the awareness of risks among issuers and investors should be raised, in addition, more in-depth researches on the terms of exchangeable bonds should be conducted, and other types of financial instruments should be combined with the exchangeable bonds to hedge the risks involved.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ping Huang
PY  - 2018/06
DA  - 2018/06
TI  - The Application Analysis and Risk Prevention in Rapid Development of Exchangeable Bonds
BT  - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
PB  - Atlantis Press
SP  - 940
EP  - 944
SN  - 2352-5398
UR  - https://doi.org/10.2991/icmess-18.2018.208
DO  - 10.2991/icmess-18.2018.208
ID  - Huang2018/06
ER  -