Since late April, the bond conversion market has clearly picked up. The China Securities Bond Convertible Index has not only frequently hit new highs during the year, but the trading volume has also set new records several times. Industry insiders believe that due to various factors such as the good start of the economy in the first quarter, the overall rise in the global market during the “May 1st” period, and strong domestic travel consumption, the A-share market has continued to rise since the end of April, and the bond conversion market has followed the recovery. Looking ahead to the future market, there are still expectations that policies will continue to be strengthened and the economy will improve month-on-month. Combined, the overall valuation is still cost-effective, and the bond conversion market is expected to continue to stabilize and repair the market.