"Transfer debt effect" is not obvious ICBC share price smooth landing

Although yesterday was ICBC (601398). SH) give priority to ICBC transfer debt (113002.SH), but ICBC stock price trend is quiet, the whole day only slightly fell 0.04 yuan, less than 1%, which with the Bank of China (601988. SH) Issuance of convertible bonds was drastically different from 5.12%.　　What is the reason for the smooth landing of ICBC's share price? A brokerage financial derivative analyst in the "First financial daily" interview, said that this should be with the previous market grab power effect is not obvious, there is no right to rob the act, the price of the increase is small, the market is naturally small.　　The reason why the right to rob less, and a lot of people in the Bank of China in the case of BOC instead of making money on the loss, the market nature of the "profit model" no longer cold. A professional engaged in the convertible bond and other Low-risk investment professionals view is not the same. He said that because the bank's priority placements per share of 3.75 yuan, and ICBC per share of the placement of only 0.51 yuan, the difference is more than 7 times times more than the market hot hold the Bank of the cold ICBC is also understandable.　　It is not possible to deny the possibility of the right to participate in the preferential placement of the profit model, the key is still operational. The person said that the last day of the right to Rob is clearly not the first choice. The real buying point should be the first day of the bond issue announced by the listed company. The selling point has two options, the prudent investor may sell the high point in the stock registration day to advance the profit; like ICBC this time, if the profit margin is not satisfactory, you can choose to participate in preferential placement of the debt, but in addition to the right day to sell the lock cost, and so on, and so on after the sale of the bond. As long as the operation is right, the sale of shares can be basically a draw, and the bond after the listing of the profit is basically pure profit, the key is to have a clear judgment on the value of the bond, in the operation of the stock in time to lock costs.