Since the strong rebound in the A-share market since September of last year, the YinHua ZZ Index has shown a sustained upward trend. Against the backdrop of an imbalance in the supply and demand for convertible bonds, the performance of the convertible bond market has been even stronger this year, with the YinHua ZZ Index continuously setting new highs in this round of rebound. On March 17, during the trading session, the YinHua ZZ Index rose more than 438.30 points, refreshing the high since June 2015. Notably, since September of last year, the cumulative increase of the YinHua ZZ Index has exceeded 20%, marking that the convertible bond market has entered a technical bull market. (Securities Times)