Convertible bonds have both debt and equity characteristics, suitable for conservative investors.

可转债兼具债性和股性，适合稳健投资者。

同一单元的其他句子

• This stock's P/E ratio is high; we advise cautious investment.这只股票的市盈率偏高，建议谨慎投资。
• According to financial reports, the company's net profit grew 25% year-over-year.根据财报数据，公司净利润同比增长了25%。
• I want to diversify by allocating some bonds and funds.我想分散投资，配置一些债券和基金。
• Technical indicators show a MACD golden cross, suggesting a potential uptrend.技术指标显示MACD出现金叉，可能有上涨趋势。
• This fund's annualized return over the past three years is 12%.这只基金过去三年的年化收益率为12%。