“茅台欠债”在6天之内上涨了1000元，达到了3000元！ 标的股票在一年多的时间内飙升了22倍。 为什么？ _东方财富网

原标题：6天涨了1000元，“茅台债”摸了3000元！ 标的股票甚至更加疯狂，一年以上飙升了22倍，为什么呢？

概要

[6daysriseby1000yuan”Moutaiindebt”touched3000yuan!Theunderlyingstockhassoared22timesinmorethanayearWhyisit?】ThisbondishigherthanMoutai’sstockpriceUndertheinfluenceofthe2020epidemicthedemandformedicalprotectiveequipmenthasexplodedandthepriceofIngramMedicaldisposableprotectivegloveshasincreasedwhichisreflectedinthestockpriceThestockpricehassoaredby21953%fromthebeginningof2020tothepresentRelatedconvertiblebondshavebecomethe”debtking”intheconvertiblebondmarket

This oneBondHigher than Maotai stock price.

“Crazy”, “Blind”, “Too awesome”… The convertible bonds of Intech once exceeded 3,000 yuan on January 13, which made investors exclaimed.

Under the influence of the 2020 epidemic, the demand for medical protective equipment has exploded.Intech MedicalThe increase in the price of disposable protective gloves is reflected in the stock price, which has soared by 2195.3% from the beginning of 2020.Related toConvertible bondBecome the “debt king” in the convertible bond market.

Recently, an epidemic has broken out in some areas, and the epidemic prevention situation is still severe. December 28, 2020Intech MedicalIn investorinteractiveAccording to the platform, the current supply and demand of disposable gloves is still seriously out of balance.priceThere is still an upward trend.

　　“Debt King” broke through 3000 yuan

On January 13, the “Moutai in Debt” Incorporated Convertible Bonds rose sharply, breaking through 3000 yuan at one time! Then it fell back slightly, and finally closed at 2,920 yuan, up 9.42%. It is understood that the Anglo-Tech Convertible Bonds have soared about 1,000 yuan in the past six trading days.Stocks of the dayIntech MedicalUp 6.1%, closing price 243.99 yuan / share.

Since the emergence of the new crown pneumonia epidemic in 2020, the supply and demand of medical supplies has attracted the attention of the whole people. It is reflected in the capital market that this company’s main medical protective glovesthe company—— Ingram Medical’s share price continued to rise, from 10.76 yuan in early 2020 to 100 yuan in October. It broke the 200 yuan mark on January 11, 2021.

The related convertible bonds have become the “debt king” in the convertible bond market. Public data shows that the Intech convertible bond was listed in September 2019. The closing price on the first day of listing was 116.9 yuan, and it was only 117 yuan at the end of 2019. After the outbreak of the epidemic in 2020, the Anglo-Tech Convertible Bonds went from 117 yuan all the way to the 500 yuan mark in May, 1,000 yuan in October, and 2,000 yuan in December! Reached 3015 yuan in January 2021!according toOriental wealthChoice dataStatistics show that the convertible bond has increased by 2181% since 2020!

The continuous skyrocketing of Intech’s convertible bonds has also triggered mandatory redemption clauses many times.On January 11thCompany AnnouncementAccording to the report, the company’s stock has triggered the redemption clause of “Intech Convertible Bonds” from December 17, 2020 to January 8, 2021. The company will not exercise the early redemption right of the “Intech Convertible Bonds” this time. Redemption of “Intech Convertible Bonds” in advance.

　　Glove supply and demand are still out of balance

It is understood that due to the impact of the new coronavirus epidemic, the global demand for disposable protective gloves has surged.productThe selling price has increased significantly. The 2020 semi-annual report shows that the sales revenue of medical protection products accounted for 96.33% of the company’s total operating revenue.

In the first three quarters of 2020Operating incomeFor 8.945 billion yuan,YoYIncrease of 486.44%; deduction of nonNet profitIt was 4.373 billion yuan, a year-on-year increase of 3376.72%.

Since the epidemic, the company has been accelerating the expansion of glove production capacity.On December 30, 2020, Yingke Medical’s board of directors deliberated and approved the “Regarding the establishment of Xiayi CountyWholly-owned subsidiaryProposal for the implementation of the project with an annual output of 13.1 billion (13.1 million boxes) of high-end PVC medical gloves.

January 6, 2021shareholderThe conference deliberated and approved the “About the company’s subsidiary and Qingzhou Municipal People’s Government to sign an annual output of 50 billion (50 million boxes) of nitrile, PVC high-end medical protective gloves investmentcontractBook of Motion.

On the investor’s interactive platform, Intech Medical stated that the company’s production lines originally planned to be put into operation in December have all been put into operation, and the annual production capacity of 6 billion PVC gloves has been added. The company already has an annual output of 24 billion PVC gloves and 12 billion PVC gloves. Production capacity of nitrile gloves. As of November 2020, the company has a total annual production capacity of 30 billion disposable protective gloves, of which about 18 billion PVC gloves and 12 billion nitrile gloves.

Ingram Medical has mentioned more than once that the current supply and demand of disposable gloves is still seriously out of balance, and prices are still rising.

On December 15, 2020, Intech Medical stated that the company’s PVC gloves and nitrile gloves have been in full production and sales, but they still cannot meet the huge market demand. At present, the company has invested in a number of high-end medical glove projects in Shandong, Anhui, Jiangxi, Hunan and other places, and has been coordinating resources from all parties to promote the construction of glove production lines to meet the rapidly growing market demand.

　　Continue financing, plan to list in Hong Kong

　　January 6, 2021 companyGeneral meeting of shareholdersDeliberated and passed the “Proposal on the Company’s Issuance of H Shares and Listed in Hong Kong and Conversion to an Overseas-raised Company Limited by Shares.”

In this regard, Guosheng SecuritiesAnalystSaid that the traditional leader of MalaysiaenterpriseStart of construction and production expansion are dragged down by the epidemic, leading domestic companies give priority toCapacity transfer. It is expected that Ingram Medical’s subsequent H-share issuance fundraising is expected to further increase its financial strength, superimpose the company’s marketing, R&D and cost advantages, and is expected to accelerate production expansion to meet global order transfer needs and achieve rapid overtaking of traditional international leading companies.

Guosheng Securities mentioned that referring to the statistics of the China Plastics Association and the Malaysian Glove Industry Association, it is expected that the global sales of disposable health protective gloves will be about 480 billion in 2019, and the industry will grow at a steady rate of about 8%; and the global demand for gloves will be affected by the epidemic in 2020. Explosive growth. It is estimated that the real demand has doubled, compared with the global old capacity which has a higher proportion and the new capacity has yet to be expandedsupplyThe market for disposable gloves is expected to continue to be in short supply.

In 2020, Intech Medical will complete fixed increase financing.According to the fixed increase listing in DecemberannouncementBook, the total amount of funds raised this time is nearly 500 million, and the net amount of funds raised is 496 million. The raised funds are mainly used for the “annual production of 6.184 billion pieces (6.1184 million boxes) of high-end medical gloves project” and supplementary working capital.

(Article Source:BrokerageChina)

(Editor in charge: DF318)