Chinese Investors Drive Growth in AI-Related Convertible Bonds
The CSI Convertible Bond Index has risen 3.3% this year, driven by Chinese investors interested in AI-related assets, reaching its highest since August 2022.
Chinese investors' growing enthusiasm for artificial intelligence-related assets, sparked by DeepSeek, has extended to convertible bonds, propelling the CSI Convertible Bond Index to its highest level in over two years.
The index has risen by 3.3% this year, reaching its peak since August 2022 on Tuesday, mirroring gains in the stock benchmark.
Notable companies such as Shanghai Runda Medical Technology Co. and Thalys Medical Technology Group, which are expected to benefit from the integration of AI, have experienced significant increases in their convertible bonds, soaring more than 22% and 16% respectively this year.
