CSI Convertible Bond Index opened 0.36% lower. Lianrui, Zhengfan, Aofei, Guoli
and Ruichuang convertible bonds led declines, down 4.23%, 3.71%, 2.83%, 2.77%
and 2.71% respectively. Maolai, Sanjiang, Haoyuan, Shengde and Juhe convertible
bonds led gains, up 14.36%, 3.09%, 3.01%, 2.08% and 1.71% respectively.