Rebirth: The Financial Giant

There is a saying that one Yang changes three views. Recently, the market directly cannot change three Yangs to nine views?

Anyway, after the close, the whole network is singing about the bull market, the bull market is coming, and a series of bull market logic is given.

In addition to the news that the brokerage companies are operating in a mixed business.

For example, the domestic and foreign economies have begun to bottom out and recover. In recent days, the PMI of the global manufacturing purchasing net profit index released in recent days has generally bottomed out and recovered, getting rid of the trend of sharp decline in March and April.

The financial sector is at the lowest valuation position in the past 10 years, and the average price-earnings ratio of stocks in the large financial sector is only 7.9 times.

It is worth mentioning that the current share price of Tiansheng Holdings has soared from the bottom of 110,000 yuan in March to above the 220,000 yuan mark, with a market value of more than 18 trillion yuan. The price-earnings ratio data shows 7.6 times, which is lower than the average price-earnings ratio of stocks in the big financial sector.

The logic of the market’s bullish outlook also includes the internal demand of technical indicators. After the technical indicators of the Shanghai Stock Exchange broke through 3000 points this time, they got rid of the long-term descending channel and entered the ascending channel stage. The monthly line has stepped out of the long-term descending channel since 6124 points. , the weekly and daily lines are also in an upward channel, and the long, medium and short trends resonate, generating upward momentum and driving the stock market to rise sharply.

The players of the current market technical analysis school are already bullish across the board.

The bullish logic of trend funds is that the global loose monetary policy has begun to ferment, and the sudden Y situation has caused countries around the world to print money frantically. The global financial market has sufficient liquidity, and the cost of funds brought by the era of low interest rates is record low. It is difficult for the real economy to absorb so much currency in the short term, so it will naturally choose to enter the bond market and the stock market.

Other bullish logics include that the Shanghai Index is coming soon, and there will be hundreds of billions of incremental funds coming into the market in the second half of the year.

The timing of the index re-compiling is also very clever in July. It just started to make rapid progress in the second half of the year. After breaking 3000 points, it went all the way. In addition, there are hundreds of billions of funds entering the market in the second half of the year. Boost.

In short, in the analysis articles of various teachers after the market, the reasons for bullishness are one after another.

...

The time comes to Friday, July 3, the last trading day of the week.

This morning, Lu Ming approved the company's repurchase of shares in the secondary market yesterday to be disclosed to the outside world.

At about 9:12, Cailian News posted the latest announcement of Tiansheng Capital as soon as possible, which immediately caused a sensation in the entire market. reliable explanation.

It turns out that Tiansheng Capital launched the repurchase plan!

And it is still carrying out a large-scale repurchase at a high level. What does this mean?

It shows that Tiansheng Capital is very confident in the future of its own company and feels that the current share price is not expensive.

According to the data in the announcement, Tiansheng Capital repurchased 130 billion yuan yesterday, repurchased 650,000 shares, accounting for 0.8125% of the total share capital, and the average repurchase price was 200,000 yuan per share. After cancellation, the company's total share capital was reduced to 79.35 million shares.

Tsk tsk tsk, it's no wonder that the trading volume of the stock king reached 236.7 billion yesterday, and the company's repurchase reached 130 billion!

One brother finally knows that there is a button for repurchase... [covers face]

It seems that this is the first time that Tiansheng has launched a large-scale repurchase plan since its listing.

One brother: There is so much money that there is nowhere to spend it, just pay a hundred billion to buy it back and play... [Afraid of being funny]

Mad, always say that the stock king is going to explode, only then did I realize that Tiansheng's liquidity has exploded, and the cash flow is so large that the depreciation alone reaches 350 billion every year, which is too much!

To be honest, I still don't understand why Tiansheng Capital doesn't run all the funds efficiently and let it depreciate.

Maybe it's a big move, maybe it's a strategic devaluation, anyway, as long as it can be hedged elsewhere, it makes sense that the overall profit is making money.

I think it's normal. My brother has publicly stated for a long time that the idea of ​​maximizing profits is wrong, at least not in line with Tiansheng's value concept. If the goal is to maximize profits, Tiansheng should have long ago Leverage leveraged funds to bring the company's asset-liability ratio to around 50%, but in fact Tiansheng Capital's debt ratio has never exceeded 10%, which shows that Tiansheng has given up many opportunities to make money.

The most outrageous thing is that the ability to make money is still so exaggerated when so many opportunities to make money are given up.

The emergence of Tiansheng Capital has made me have to believe that money is alive, it will reproduce, and it will reproduce more and more, more and more... [covering face]

...

Stimulated by the announcement disclosed by Tiansheng Capital in the morning, today's A-share market call auction stage, the three major indexes opened higher across the board, and the bidding in the big financial sector was strong.

The broader market opened a gap of +0.43%, and Tiansheng Holdings also gapped up +2.09% at the opening price of 232,870.25 yuan today, and the stock price hit a new record high.

After the opening of the market at 9:30, the securities sector opened higher and moved higher. Zhe-entropy Securities has three consecutive boards today, and it has directly pushed out the one-word daily limit, directly confirming its status as a leader in compensating gains.

Different from the differentiation between the main board and the ChiNext in the previous two trading days, the major indexes of the two cities showed a pattern of general gains at the opening of the market today, and the ChiNext index also strengthened again, setting a new high in the past four years.

Today, the village has issued 11 new stocks in one breath. This is the amount of a day, not a week.

But even so, it did not stop the enthusiasm of investors in the two cities to do more. At the beginning of the second half of the year, the long-yang line rose for three consecutive days, which made investors smell the taste of the bull market.

At the same time, in the A-share market at the moment, after the securities opened higher in early trading, the liquor concept sector was adjusted.

Then the banking sector rose again, and the new energy vehicle sector also changed, and then the banking sector rose again.

The big financial sector has become the flag-bearer of the market bulls, and has led the way to the upside. The index in early trading stood at 3,100 points in one fell swoop, directly breaking through the high of 3,074 set in March. The next target high is the high of 3,127 this year. Breakthrough, A shares will be out of the year's new high.

However, after breaking through 3100 points in the early trading, it entered a high and volatile order, and the breakthrough of 3127 points does not seem to be easy.

...

At 10:11, the major market software pushes news:

[Tiansheng Holdings rose by more than +5%, the stock price stood at the 240,000 yuan mark for the first time, and the current turnover exceeds 100 billion yuan]

Just over half an hour after the opening of the stock market, the trading volume of the day has exceeded the 100 billion mark. The top three stocks on the current individual stock popularity list are all securities companies, namely Everbright Securities, Tiansheng Holdings and Zhe Entropy Securities.

They are the popular leader, the leader of the Chinese army, and the leader of the supplementary increase in the brokerage sector.

The popularity of Tiansheng Holdings, the leader of the Chinese army, is comparable to that of China Everbright.

At this moment, the intraday time-sharing line of the stock king continues to rise, the stock price is hitting new highs all the way, the time-sharing line is as stable as a dog, and there is basically no big fluctuation in amplitude during the upside process.

Because Tiansheng Capital is aggressively repurchasing, today's repurchase plan is to complete the task of 170 billion yuan.

The market that the stock king is walking out of now has a very healthy trend from a technical point of view. The standard volume and price go up, the amount is valuable and the amount of energy is further amplified. The long arrangement diverges.

...