They are also First of all, we ne to think clearly about why investors are so crazy about crossborder ETFs? They are even willing to take risks like gamblers when the market falls collectively and the premium is significantly high.
There are two core reasons:
1. Market genes.
It is undeniable that the Ashare market has so far been characteriz by chasing ups and downs and a strong speculative atmosphere. More than 90% of the accounts in the stock market are individual investors. Most of them lack professional investment mayotte email list 100000 contact leads knowlge and experience, are easily affect by market sentiment and news, lack independent judgment, and often blindly follow the trend to chase highs and sell lows. That’s why there is the Dragon and Tiger List, which is the most concern section in the entire market.
Institutions also tend to engage in shortterm investing, and are often the main players in some hot topics.
Crossborder ETFs, which can be trad on a T+0 basis, have natural advantages over other stocks in the market that can only be trad on a T+1 basis. It google-proof campaigns is like the quickhang function in a game, which allows you to close your position, exit, and reopen at any time. This kind of convenient advantage can easily lead to a flaming out in the Ashare market where speculation is extremely strong.
This is the case with the convertible bond market of Ashares, which has also seen extremely active trading in the past few years.
Some even have daily turnover rates of up to hundrs of times
An conversion premium rates of several times, which are much more exaggerat than the recent crossborder ETF situation.
Many retail investors who participate in this calling list activity do not even know that these convertible bonds, which have a premium of several times, have an expiration date. If they buy them at such a premium, the convertible bonds in their hands will be worthless by then They are also.
