Tonglian Convertible Bond IPO Price

PortfolioAlert · 2026-03-21T07:17:23+00:00

This year should be a good year, but March was really a bad month. My initial estimate for the convertible bond's first-day price was accurate 90% of the time, with a deviation of less than 1.5%. I calculated the price to be between 135 and 148, and I was allocated a share, but I didn't dare to sell at 148. I can't bear to look at my account now, yet I still managed to get one share.

PortfolioAlert

2026-03-21 07:17:23

This year should be a good year, but March has been a really bad month. My convertible bond price estimates on the first day had a 90% accuracy rate, with a deviation of less than 1.5%. I calculated it to be between 135 and 148, and I got a winning bid but didn’t dare to sell at 148. I can’t bear to look at my account—surprisingly, I got a winning bid.

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