Convertible bonds have dual attributes of debt and equity. There are many factors inducing the price rise of convertible bonds or stocks, such as the bullish market, the improvement of corporate performance, sector rotation, international hot money, etc. This paper analyzes the investment opportunities from the evaluation of convertible bonds, the probability and time of convertible bonds rising to 130, as well as the investment strategy of convertible bonds -- review analysis. The risk of investors investing in convertible bonds is low.The risk of investors investing in convertible bonds is low. It is highly likely that investors will make strict independent evaluation and selection of convertible bonds,implement the buying and selling criteria, control investment risks and achieve good investment returns.