Rebirth: The Financial Giant

Tiansheng Capital Headquarters, President's Office.

At around 11:15 in the afternoon, Han Qiulin, dressed in black and white, stood quietly in the office next to Lu Ming. The latter was reading a folder for a while, then signed her name on the document and signed it. Put the official seal on it.

"Let's release the news after the market." Lu Ming handed over the material to Han Qiulin.

This material is about Tiansheng Capital's securities lending agreement. To put it vernacularly, Lu Ming agreed to lend his company's stock to the market. If there are people or institutions in the market who want to sell Tiansheng Capital, they will come to me and Lu Ming will lend them. I'll lend you the stock and go short.

On the brokerage side, Cailian Securities took the bulk of the securities lending business. This brokerage has a good relationship with Lu Ming and has a long history. Cailian Securities was used when retail investors were fighting for big A.

Han Qiulin took the materials and asked one more question for confirmation: "Does the market close in the morning or in the afternoon?"

Lu Ming said concisely: "The market is closed in the morning."

Han Qiulin confirmed again and turned to leave the office.

But just when she put her hand on the doorknob, Lu Ming, who was sitting on the boss's chair in the desk, looked up and stopped Han Qiulin.

"Wait a moment!"

When Han Qiulin heard the voice behind her, she turned around 180 degrees, stood there and looked at Lu Ming, with her small hand supporting the spectacle frame on the bridge of her nose, but she was not short-sighted and was wearing this pair of glasses. Glasses are more decorative and look very professional.

"The official official announcement will be released on the weekend, and it will be released today with a magical 'source'." Lu Ming said.

"Understood!" Han Qiulin nodded and asked, "Does the chairman have any other orders?"

Seeing Lu Ming shaking his head, Han Qiulin opened the door and left.

...

At 11:45 noon, all major market software used a small window to pop up an alert message:

[News at noon: According to sources, Tiansheng Capital lent the company’s 1.5 million shares, which accounted for about 1.875% of the company’s total share capital, to the market as securities lending funds. 】

Such sudden news broke out at mealtime, and a large number of people couldn't eat their lunch and couldn't sleep well.

"What do you mean? What does it mean?"

"Is this true?"

"If it is true, Tiansheng Holdings may explode in the afternoon."

"Death to the source, Mudd!"

“If the leading companies are really willing to lend out stock, there will be a real market sell-off, especially with high valuations.”

"Tiansheng Holdings is a leader, but the question is is the valuation of the current position high? I don't think it is high. Although it has risen sharply in the new year, even now, the price-earnings ratio is only 5.98 and less than 6 times. price-earnings ratio.”

"1.875% of the total share capital? Doesn't that mean that the amount of securities lending exceeds 30 billion? Is this Nima fake?"

"I just took a look at the balance of margin financing and securities lending in the two cities. Last week, the balance of financing was about 1 trillion yuan, and the balance of securities lending was 4.867 billion yuan. If Tiansheng Holdings lent 1.5 million shares, wouldn't the balance of securities lending skyrocket instantly to 1 trillion yuan. More than 35 billion? In the history of Big A, the balance of securities lending has never exceeded 15 billion, and your company alone has more than 30 billion?"

...

At 13:00 in the afternoon, the midday session opened on time. Affected by the unexpected news during the lunch break, a large number of Tiansheng Holdings's orders were cancelled, and those that were not cancelled were also bought.

Less than ten seconds after the opening of the market, the closing board was blown up, and the trading volume continued to increase, with dozens of lots, hundreds of lots or even hundreds of lots of single-hand selling continued to be thrown out.

The securities sector, which rose +7.35% in early trading, also rose and fell in the afternoon without any suspense.

Another bald yin line was released from the high level of the underlying stock, which made the person holding the Tiansheng Convertible Bond next door tremble again. Is the rhythm of running away in the late trading today?

This time, it was a major negative of 30 billion securities lending funds, which was very different from the explosion of the board last Friday.

The Tiansheng Convertible Bond had already triggered a second temporary stop in the early trading, and it is still in the small dark room, and it will not be released until 14:57.

As time passed by, Tiansheng Holdings fell sharply. At 13:17, a large capital suddenly entered the market and quickly swept the goods. The stock price bottomed out in the day and hit a low of 19,071.73 yuan and rebounded.

The securities sector also bottomed out with the big brother.

About ten minutes later, Tiansheng Holdings successfully returned the seal, walked out of a daily limit T-board, and closed the board again to 37,000 orders, which can be called maddening.

When the convertible bond people next door saw Tiansheng Holdings' strong return, their hearts were relieved, and they couldn't help but breathe a sigh of relief.

Is this Nima's news release to wash the dishes?

At 14 o'clock in the afternoon, the securities sector once again set off the daily limit. 31 securities companies rose to the daily limit, the securities sector directly rose to the limit, and the securities ETF had the second daily limit.

This time, the main rising wave market started in the securities sector, and even the securities ETF has risen by +40%. Many timid retail investors are sighing when they see it.

I didn’t believe it when I broke through, and I thought it was a fake breakthrough. When it really broke through, it had already risen a lot, and even the ETF had reached its daily limit. At this time, I didn’t have the courage to chase, and I couldn’t find a buying point to start with, so I wanted to wait for a callback. when buying.

Last Friday, because Tiansheng Holdings exploded and turned green, the securities sector experienced a correction, and when it opened lower in the early trading yesterday on Monday, it hit the 5th line. I still dared not buy it.

Today, the brokerage sector gapped and opened higher. After only two trading days, securities ETFs had their second daily limit, and retail investors who stepped in the sky regretted not chasing in yesterday.

Now that the higher the rise, the less dare to reach out to chase the rise, and become depressed and depressed.

On the contrary, there are some novice Xiaobai, who are not afraid of tigers when they are born. Besides, those who have been chasing the rise long ago have made money, but for these novice Xiaobai who made money by luck, it is only temporary. Or will go back with a loss.

The tuition to be paid will not be less, sooner or later.

At 14:57 in late trading, Tiansheng Convertible Bonds stopped and resumed trading. Half a minute before the market opened, it dived down more than ten points, but it quickly exploded and rose again.

The retail investors who play this demon debt see this situation and understand it. If you rush to raise money overnight, you will have a premium tomorrow. You will be stable and happy. Everyone frantically grabbed the chips in the last three minutes of the late game.

The result is that, like the previous trading days, the last three minutes skyrocketed and reached new highs: +28%, +33%, +39%, +44%, +47%, +53%...

At the close of 15:00, the data of Tiansheng Convertible Bonds:

Closing price: 677.761

Change: 53.57%

Turnover: 22.9 billion

Positive share price: 20090.2

Conversion price: 12350

Conversion value: 162.673

Premium rate: +316.64%

...

The market has closed. Lu Ming, who had just attended a meeting and returned to the office, was staring at the Tonghuashun market software on the computer screen, which displayed the intraday time-sharing interface of Tiansheng Convertible Bonds, and also opened the barrage to watch silently. A barrage of information floating by.

These barrages contain uncomfortable and high-pitched speeches, and some shout that the price will break through 1,000 yuan tomorrow, just do it!

The fact that Tiansheng Convertible Bonds stepped out of such a market once again proved the fact of "disorder as soon as it is released", and also used the skyrocketing market this time to prove that it is correct for Big A to set a ±10% rise and fall and not engage in T+0 transactions choose.

Look, this is the consequence of T+0 trading and there is no limit on the rise and fall.

The popularity of Tiansheng Convertible Bonds has now increased, and they are all crazy~www.wuxiamtl.com~ Everyone knows that it is speculative, and everyone knows that there will be chicken feathers in the end, but everyone thinks that they can get away, and everyone thinks there is more Stupid people will come to take over.

Tiansheng Convertible Bonds are such a big plate, and the market is so crazy. It is not a few hot money that can be pulled up. The real main force is not hot money, but retail investors. There are thousands of retail investors, and a single retail investor has a small capital. But quantitative change leads to qualitative change.

When so many retail investors form a joint force, the energy that erupts is like this. It is reflected in the K-line pattern, which is skyrocketing by fifty or sixty points every day.

Companies have taken the initiative to make risk warnings, but they all turn a blind eye.

Emotions are in the top, and one word in my mind is... top!

Two words are... get rich!

Three words are... crazy top!

Retail investors care so much about you, whether you have risks or not, and whether your fundamentals are fundamental or not.

...