Mary bought a new convertible.
玛丽买了一辆新敞篷车。
Eric wants to give me a Mercedes convertible.
埃里克要买奔驰敞篷车给我
The new model of the car is available in both coupe and convertible versions.
新款汽车有轿跑车和敞篷两种版本可供选择。
She loves driving her convertible with the top down on sunny days.
她喜欢在晴天开着敞篷车，享受微风拂面的感觉。
The convertible sofa in the living room doubles as a guest bed at night.
客厅里的沙发床晚上可以变成客人床。
He saved up for years to finally buy his dream convertible sports car.
他攒了好几年的钱，终于买到了梦寐以求的敞篷跑车。
The convertible bond gives investors the option to convert their bonds into shares of common stock.
可转换债券给予投资者将债券转换为普通股的选择权。
On weekends, they enjoy taking their convertible for long drives along the coast.
周末时，他们喜欢开着敞篷车沿着海岸线长途驾驶。
The company announced plans to issue convertible preferred stocks to raise capital.
公司宣布计划发行可转换优先股来筹集资金。
With the press of a button, the convertible's roof seamlessly folds away, revealing the open sky.
只需按下按钮，敞篷车的顶棚就会无缝折叠起来，展现出开阔的天空。
Owning a convertible symbolizes freedom and luxury for many people.
对于很多人来说，拥有一辆敞篷车象征着自由和奢华。
The convertible feature of the loan allows borrowers to switch between fixed and variable interest rates.
这笔贷款的可转换特性允许借款人之间在固定利率和浮动利率之间进行转换。
About $10 billion of debt will be converted into six new notes, mandatory convertible bonds, convertible bonds and shares in its subsidiary Sunac Services Holdings Ltd, for a consideration of $5.7 billion, $2.75 billion, $1 billion and $775 million, respectively, Sunac said in a statement Monday night.
融创周一晚间在一份声明中表示，约100亿美元的债务将转换为六种新票据、强制性可转换债券、可转换债券及其子公司融创服务控股有限公司的股份，对价分别为57亿美元、27.5亿美元、10亿美元和7.75亿美元。
The converted new notes, mandatory convertible bonds and convertible bonds were listed on the Singapore Exchange on Tuesday, and Sunac Services' shares have been transferred to the creditors concerned, the company said.
该公司表示，转换后的新票据、强制性可转换债券和可转换债券已于周二在新加坡交易所上市，苏纳克服务的股份已转让给相关债权人。
Designer Wang Fengchen recently walked on a fashion show catwalk in Shanghai, sporting a pink bobbed hairstyle, a black convertible vest and khaki trousers — representing Nike's new collection, in which for the first time, it has collaborated with a female Chinese fashion designer.
近日，设计师王凤辰走上上海时装秀T台，留着粉色短发，身穿黑色敞篷背心和卡其色长裤，这是耐克首次与中国女时装设计师合作推出的新系列。
Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 15 votes and is convertible into one Class A ordinary share.
每份Class A普通股有权投一票，而每份Class B普通股有权投15票，并可转换为一份Class A普通股。
Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
类A普通股在任何情况下都不能转换为类B普通股。
China's No 2 smartphone maker Xiaomi Corp raised about $4 billion from a combined top-up placement and a convertible bond sale last week, Hong Kong's largest such deal on record.
中国第二大智能手机制造商小米公司上周通过股票增发和可转债发行筹集了大约40亿美元，这是香港有记录以来规模最大的此类交易。
"Prior to the investment announcement, Advantech Capital and Vivo Capital exercised their right to convert their convertible loans previously announced by the Company on May 22 into 7.5 percent of total equity interests in Sinovac LS, which after the investment now represents an approximately 6.3 percent stake in Sinovac LS.
在投资公告之前，Advantech Capital和Vivo Capital行使了将其先前于5月22日由公司宣布的可转换贷款转换为Sinovac LS总股权的7.5%的权利。在此次投资后，这一股权现在相当于Sinovac LS的大约6.3%股份。
"It has very broad market prospects as it can achieve a low cost transformation of the traditional convertible wagon market in a short period with good operational efficiency and equipment reliability," Wang said.
Pinduoduo in April also announced a strategic partnership with Gome Retail by investing $200 million worth of convertible bonds in the household appliance and electronics retailer.
However, according to Ho, the two real game-changers for Libra are its broad user base built on the Facebook ecosystem, as well as a global payment network pegged to a pool of convertible flat currencies, meaning it could practically become a de facto online currency in the future.
In April, the company issued 173,182 convertible redeemable preferred shares to certain investors to raise $150 million in aggregate, including private funds managed by BlackRock.
NEW YORK - China's leading online video platform Bilibili Inc raised about $872.6 million through its latest issuing of dollar-denominated equity shares and convertible bonds, the company said Monday, in its fresh efforts to solicit more growth capital in the equity market.
Meanwhile, Bilibili also completed the concurrent offering of convertible bonds worth $500 million in aggregate and due April 1 2026, which included an additional purchase of such bonds worth $70 million by the initial purchasers of the offering.
Convertible bonds are a type of debt security that relevant holders can convert into a certain number of the issuing company's stocks or cash of equal value at certain time within the bonds' tenors.
The ADSs and convertible bonds were first offered on April 1 and later priced on April 3.
NEW YORK - Shares of Bilibili Inc, a popular Chinese online entertainment platform, rose around 2 percent in morning sessions on Wednesday, after the company announced the pricing of its latest offering of American depositary shares (ADSs) and convertible bonds, in search for new growth capital in equity markets.
The move came as part of the company's fresh attempts to attract capital, which also included its convertible bonds issued on Monday.
Bilibili priced the offering of the convertible bonds worth $430 million and due April 1, 2026, which has become a increasingly popular approach for US-listed Chinese companies to solicit investment in capital markets, including Chinese online video giant iQIYI.
Bilibili has also granted the initial purchasers in the convertible bonds a 30 day option to purchase up to additional such bonds worth $70 million.
Net proceeds from the offering of both the ADS and the convertible bonds will be used for enriching content offerings, investing in research and development, and other general corporate purposes, Bilibili said.
NEW YORK - Bilibili Inc, a popular Chinese online entertainment platform, proposed on Monday to offer convertible bonds of up to $300 million in total and with a tenor of 7 years, in a bid to raise more capital.
The move came as the latest of a US-listed Chinese company resorting to convertible bonds to seek investment in capital markets, following China's leading online entertainment company iQIYI's issuance of convertible bonds of $1.05 billion and due 2025 on March 27.
The bonds will be convertible into American deposit shares (ADSs) and will mature on April 1, 2026, unless repurchased, redeemed or converted in accordance with their terms prior to such date, according to a company statement.
NEW YORK - China's leading online entertainment company iQIYI announced the pricing of its proposed offering of convertible bonds, worth $1.05 billion in total and with a tenor of 6 years, on late Tuesday night.
This is the second time that iQIYI issued convertible bonds, after it first announced its convertible notes worth $650 million on Nov 29, 2018.
If the above-mentioned additional $150 million is raised through the 13-day option, iQIYI could raise as much as $1.2 billion through the latest round of convertible bonds issuance.
DCP Capital, a private equity firm focusing on China, on Tuesday announced investment of $120 million through two rounds of convertible bonds to fuel the further growth of Sunpower Group Limited.
Wanda is exploring a deal in which AMC would borrow hundreds of millions of dollars through a convertible bond, and then use that money to buy back some of Wanda's 60 percent stake, the sources said on Wednesday.
xa0Baidu invested $300 million via the form of a convertible bond issuance.
Meanwhile, the aggregate number of shares held by Vetter Family and the convertible shares to be purchased by Fosun Pharmaceutical remains unchanged.
Meanwhile, the aggregate number of shares held by the Vetter family and the number of convertible shares to be purchased by Fosun Pharmaceutical remain unchanged.
Orders for high-end rides booming as more travelers prefer self-driving tripsA niche for the convertible car rental business has developed in China as more travelers prefer to take self-driving trips since the outbreak of the COVID-19 pandemic, given the vehicles' relative privacy and cleanliness, with renters also seeking more high-end and unique experiences.
Convertibles allow an open-air driving experience.
The number of rental orders of convertibles in Hainan accounts for 70 percent of the total nationwide, said Trip.
In June, the number of convertible rental orders in Hainan surged 230 percent on a yearly basis.
In that area, most people spent about 1,500 yuan ($212) on average in total in rentals for convertibles.
The popularity of renting convertibles in Hainan is followed by Yunnan, Sichuan, Guangdong and Shaanxi provinces, said Trip.
Convertible rentals have become the most popular category," said Peng Ting, director of the car rental business at Trip.
The cost of renting convertibles range from 200 yuan to 8,000 yuan per day.
For example, it costs about 8,800 yuan to rent a Ferrari California convertible for three days in Sanya.
Some of the hottest types of convertibles that travelers like to rent include the BMW 2 Series, BMW Z4, Mercedes-Benz SLK-Class, and the Porsche Boxster.
A few years ago, it cost about 700 yuan to 800 yuan per day to rent a BMW 2 Series convertible in Sanya.
In May, the number of convertible rental orders nationwide surged 153.4 percent year-on-year, followed by luxury cars and SUV rentals, which jumped by 20.7 percent and 20.2 percent, respectively, said Trip.
"We've seen beauty brands swarming to follow the trend of using big data analysis, artificial intelligence and facial recognition to recommend and customize beauty products for consumers," said Chen Lijuan, head of Alibaba AI Lab, an in-house unit working on commercially convertible technologies.
For instance, financial institutions will take dishonest behavior into account when granting credit, and the top securities regulator will refer to the records when reviewing enterprises' applications for initial public offerings and the issuance of convertible bonds.
MG, a marque owned by SAIC Motor, China's largest carmaker by sales, is presenting its Cyberster, an electric two-door convertible.
South Korean premium marque Genesis unveiled the X Convertible Concept on Wednesday, saying that the four-seater embodies its design philosophy of Athletic Elegance.
Genesis revealed no technical details about the X Convertible, only stating that it uses the same electric powertrain and architecture as the previous two X concepts.
The All-New 2023 Subaru Solterra is presented at the show, together with a variety of new products including a 2023 Corvette Z06 Convertible and a Kia Concept EV9.
SAIC-GM-Wuling, whose budget Hong Guang Mini EV has beat Tesla's Model 3 in sales, has unveiled a convertible variant, to further boost its appeal to young customers.
Thanks to a unique and lightweight "Z-Fold" roof mechanism, the Vantage Roadster has the fastest roof of any automatically folding convertible on sale today.
Before its deal with Hefei investors, the company had raised at least $435 million through short-term convertibles.
在与合肥投资者达成交易之前，该公司已经通过短期可转换债券筹集了至少4.35亿美元。
It has issued $435 million convertible notes this year to several unaffiliated Asia-based investment funds, which are to support the company's daily operations and business development.
It has raised $200 million through convertible notes this year ahead of the deal with Hefei.
The Shanghai-based carmaker said in a statement that it will sell $70 million in convertible notes to one unidentified Asian investment fund through a private placement that should close around Feb 10.
Besides, the company is set to collect an additional $230 million, as it signed a convertible note purchase agreement with affiliates of 58. com, US private equity firm Warburg Pincus, US investment firm TPG Capital and other investors on May 28.
Tesla's cash position fell from $3.7 billion to $2.2 billion, mainly due to a $920-million repayment of convertible notes, of which $188 million negatively impacted operating cash flow.
The company, which many analysts predict will need to raise funds for its expansion, said it ended its first quarter with $2.2 billion in cash after paying off a $920 million convertible bond obligation in March.
We have sufficient cash on hand to comfortably settle in cash our convertible bond that will mature in March 2019," Tesla said in its Q4 financial report.
He also said McLaren will soon begin exporting its 570S Spider convertible and the 720S supercar to China.
他还表示，迈凯伦很快将开始向中国出口其570S Spider敞篷跑车和720S超级跑车。
Having mainly focused on the production of sliding and panoramic roofs, heating and cooling systems, and convertible roofs so far, Webasto announced its intentions to venture into battery production for electric vehicles in the future.
至今为止，Webasto主要专注于滑动和全景天窗、加热和冷却系统以及敞篷车顶的生产，但已宣布其未来有意进军电动汽车电池制造领域。
The M8 will ultimately be available in three versions: a two-door coupe, a convertible and the four-door.
The convertible, with a dummy in a space suit at its wheel, is now heading toward an asteroid belt between Mars and Jupiter.
In November 2022, Qilu Bank began to issue convertible bonds.
Analysts predict that the proportion of convertible bonds is expected to increase, which will further supplement its core capital.
Further opening-up in the capital market, including facilitating investment in Chinese stocks, bonds and foreign exchange markets — and making credit and payment sectors more accessible to overseas institutions — will help make the renminbi more convertible.
The reform, with institutional arrangement basically fixed, will cover all national securities exchanges and all types of public offerings of stocks, as well as preferred stock, convertible corporate bonds and depositary receipts, said the CSRC.
As the Chinese yuan is not freely convertible under the capital account, the central bank must purchase foreign currency generated by a trade surplus and foreign investment in the country, adding funds to the money market.
Currently, the types of investments that can be traded as part of the QFII system include listed stocks, treasury bonds, corporate debentures, convertible bonds, commodity futures and other financial instruments as approved by the China Securities Regulatory Commission.
It will launch publicly offered convertible bonds as soon as possible, study the introduction of credit bonds and asset securitization products and improve the market index system while exploring the unveiling of related fund products, such as listed open-ended funds and exchange-traded funds.
Moreover, regulators should also relax restrictions on market access for small and mid-size banks, support them to issue preferred shares, perpetual bonds, convertible bonds and tier 2 capital bonds, and increase efforts to support more quality small and mid-size banks to have priority over others in going public, Dong said.
As the Chinese yuan is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by a trade surplus and foreign investment in the country, adding funds to the money market.
According to BSE guidelines, a company can refinance after six months of going public, with diversified issuing mechanism and financing tools offered, such as common stock, preferred stock as well as convertible bond.
Another six supporting sets of regulations were released as well, covering management of sponsors, underwriters, issuance of preferred stocks and convertible bonds.
The target banks said local governments will inject capital in the form of negotiated deposits which are convertible into their shares of common stock.
The first convertible bond ETFs started trading on the Shanghai bourse last April, with the initial offering exceeding 600 million yuan.
The 24 detailed policies have attached great importance to social financing, which includes initial public offerings, refinancing, corporate bonds, convertible bonds and asset-backed securities.
IPOs, corporate bonds, convertible bonds, or listing on the National Equities Exchange and Quotations are all possible options of raising funds.
China Everbright Bank, a large joint-stock commercial bank, said in October that its parent, China Everbright Group Ltd, had converted 5.8 billion yuan of convertible bonds to equity capital.
China aims to create a level playing field for the renminbi and other major convertible currencies, and reduce obstacles to the free use of the renminbi in onshore and offshore markets, she said at a seminar held by the Chinese Academy of Macroeconomic Research, a think tank under the National Development and Reform Commission, the national economic planner.
On the one hand, they must replenish capital through multiple channels (such as the issuance of convertible bonds and tier 2 capital bonds).
China will allow local governments to issue up to 200 billion yuan ($28.6 billion) of special-purpose bonds to purchase convertible bonds and other qualified capital instruments of small and medium-sized banks in 18 regions, said Liu Rong, deputy director of the CBIRC's city commercial bank supervision department.
Taking effect on Friday, the regulation allows qualified listed firms on the STAR Market of the Shanghai Stock Exchange to issue stocks - both public offerings and private placements - convertible bonds, depository receipts and other types of securities.
The State Council's executive meeting decided on Wednesday that China will allow local governments to use a certain amount of the special bond quota to explore new capital replenishment channels for small and medium-sized banks via measures like purchase of convertible bonds.
"In the past, only listed banks were allowed to issue convertible bonds.
The latest policy will allow qualified non-listed banks to issue convertible bonds.
Although the threshold of banks' issuance of convertible bonds will be lowered, the State Council still emphasized that the government will list the improvement of corporate governance and the establishment of sound internal control mechanisms by small and medium-sized banks as important conditions for giving support to their capital replenishment.
The meeting has decided to grant certain quota to local governments this year to explore new capital replenishment channels for the banks, including subscriptions for convertible bonds.
In addition, the CSRC also introduced measures in the areas of share issuances, convertible corporate bonds and depositary receipts, corporate governance, equity-based incentives, holding stock reductions, as well as sponsor businesses.
For a portfolio investment, market-oriented debt-to-equity swaps, including convertible bonds, debt-to-equity special bonds, ordinary shares, preferred shares and debt-to-preferred shares, should account for no less than 60 percent of net assets in the investment plan.
China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is largely run by the state in an effort to manage capital flows in and out of the country.
Shanghai Pudong Development Bank (SPD Bank) will issue 50 billion yuan (about $7.1 billion) of convertible bonds, the largest offering ever on China's mainland market once completed.
Convertible bond issuance has become a significant tool for listed banks in China to raise funds, as the country's tighter financial scrutiny to defuse risks brought higher standards for capital.
Convertible bonds are corporate bonds that can be exchanged for common stock in the issuing company.
As the Chinese yuan is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by trade surplus and foreign investment in the country, adding funds to the money market.
China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is largely run by the state in an effort to control capital flows in and out of the country.
Multiple measures to supplement equity of these institutions are expected to lend a hand, such as enhancing the efficiency of perpetual bond issuance, and lowering the standards of issuing preference shares and convertible bonds.
As such, the PBOC is encouraging commercial banks to issue perpetual bonds and convertible bonds to supplement their capital.
NEW YORK - Qudian Inc, a Chinese online small consumer credit provider, announced Tuesday a proposed offering of $250 million in convertible senior notes.
They can be convertible into American Depositary Shares (ADSs) of the company at the option of the holders at any time prior to the close of business on the second scheduled trading day immediately preceding July 1, 2026.
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