Rebirth: The Financial Giant

The Shanghai index still failed to break through the high of 3458 in July today, just a little bit, but yesterday's high did break through.

The securities sector fell back in late trading, among which Zhaoshang Securities exploded.

Tiansheng Holdings finally closed up +5.97%, with the stock price at 413,768.19 yuan per share, with an all-day trading volume of 76.4 billion yuan and a total market value of 30.11 trillion yuan.

The trading volume of the stock king today finally suppressed Tianchi Technology and once again topped the daily trading volume of individual stocks in the two cities.

At about 16:00 in the afternoon, Tiansheng Capital headquarters.

At this moment, the board of directors is being held, and Lu Ming, who is sitting in the meeting, said in a deep voice: From the last trading day of this year, that is, from Thursday, December 31, to the end of February 18, 2021 next year, the company will start a new business during this period. A round of ultra-large-scale repurchase plan, with the goal of accumulatively repurchasing 10 million shares for 30 consecutive trading days, and spending 5 trillion in repurchase funds.”

Tiansheng Holdings' current self-owned liquidity funds exceed 11 trillion yuan, and there are still 6 trillion yuan out of 5 trillion. In fact, the company's own liquidity does not need such a huge capital reserve at all.

Because Tiansheng Capital is an asset management company, the money of its LPs has greater liquidity than this. Although the ownership of these funds is not owned by Tiansheng Capital, the allocation or control rights can be vested in Tiansheng Capital for 15 years. .

In other words, the money is yours, but I have the final say on how to spend it.

In a sense, this wave of repurchase operations is equivalent to taking out the left pocket of another level and putting it in the right pocket, because the shareholders of Tiansheng Capital are mainly large institutions.

Five trillion buybacks, this is an astounding figure. The company wants to buy back 10 million shares, and the institutional shareholders who sold the 10 million shares to cash out have so much money, they are also worried.

How to do?

Then leave it to Tiansheng Capital Management. This is a high probability event.

It is equivalent to saying that the allocation rights of this money have gone around and returned to Tiansheng Capital. The only change is that the ownership has become an LP, but Tiansheng Capital has the final say on how the money is spent.

Of course, it is impossible for all five trillion repurchase funds to be returned to Tiansheng Capital, but at least more than half of the funds will be returned.

In this way, the promise of the market has also been fulfilled.

At this time, Lu Ming, who was sitting in the position of the chief chairman, looked around the board members and said: On the end of the repurchase, that is, after the market closes on Thursday, February 18, 2021 next year, the company announced a major event to suspend trading for five years. Trading will resume on Tuesday 18 February 2025.

Having said this, Lu Ming paused for a moment, then looked at the directors assigned by the participating institutions and added: The company suspended trading and officially pushed forward the restructuring plan. This is a historic turning point for Tiansheng. The company's current market value is 30 trillion yuan. In the future Tiansheng, I have the confidence to achieve a market value of 60 trillion in 2025 and 100 trillion in market value by 2030. I have this confidence, but it is not absolutely guaranteed.

So, I welcome the shareholders behind you who are willing to accompany Tiansheng; otherwise, let's withdraw in an orderly manner from the 5 trillion super-large repurchase plan launched at the beginning of the year. The biggest purpose of this repurchase plan is to give Shareholders have a free choice to go or stay, and I believe that Lu Ming is worthy of your investment return.

The board members of the two participating institutions couldn't help but nodded and said, I understand the chairman, I will convey your feedback when I get back.

The two directors also heard another hidden meaning from Lu Ming's words. They chose to withdraw at this juncture. It was understandable and full of money.

But these two directors also know that once they withdraw, they will also retire from the board of directors of Tiansheng Capital, and they will definitely be removed by Lu Ming. These two directors first represent the interests of the shareholders of Tiansheng Capital. Naturally, the directors they were stationed in will also be removed. At the same time, these institutions that have been withdrawn will also enter Lu Ming's personal little black book, which is understandable.

After all, at the juncture of the company's major restructuring, you didn't support it but ran away. If the company went downhill after the restructuring, it would be wise to run away. With a market value of 100 trillion, at this time, if you want to come back to eat meat, there is absolutely no door.

And you can't speak, Lu Ming is kind enough, he specially took out five trillion buybacks to cash out for you at a high price.

Tiansheng Capital is advancing the restructuring plan this time. Another purpose of the company's five-year suspension of trading is to lock up liquidity. Regardless of whether you are domestic or foreign, the stock price will rise in the next 30 trading days, and the stock will return. Buying 5 trillion will give you enough time and enough liquidity for you to choose to stay.

If you still don’t quit, it is assumed that you are willing to continue to be optimistic about the future of Sheng Capital and choose to hold for a long time. Don’t beep and complain after suspending trading for five years, although complaining is useless.

This round of restructuring of the company should be completed in about three years, but Lu Ming chose to suspend trading for five years because the next five years are the most critical five years in the game with America.

Tiansheng Capital suspended trading at a high level, and the purpose of directly locking up liquidity is one word: Steady-!

Stability trumps everything!

The current global capital market environment is all loose, the old and the United States have unlimited quantitative QE, and the market is flooded with money. The core logic of the A-share market in July this year is driven by the flood of money.

Everyone is very happy now.

But after next year, the old and the United States will not be able to bear the pressure of inflation and will start raising interest rates. The taps will be tightened, and the valuation bubble will be punctured. However, the global economy will not rise again, and the market has no foundation to support it. Countries around the world will The competitive devaluation of the currency is bound to be a sharp decline.

Assets all over the world are facing a sharp decline, and the blue-chip heavyweight stocks of Big A will continue to slash in half.

Because it is a leading stock with good performance and good fundamentals, retail investors are willing to take orders, so the liquidity is good, but it is conducive to the withdrawal of risk-avoiding large funds, but those stocks with poor liquidity are more resistant to falling, because large funds want to run and also come out If you don't come, it's better to let it stand sideways at a high level, at least the asset prices are kept inflated, and the account looks good.

And those good stocks fell harder, because retail investors knew that they were cheap, and the more they fell, the more willing they were to take orders. However, retail investors could withstand the decline and loneliness, but they basically couldn't keep the prosperity. This book was basically sold when it was returned, and the big money came back at this time.

At present, the most liquid stock in the entire A-share market is Tiansheng Holdings. During this time, even the land volume is more than 30 billion, and the trading volume is more than 40 billion. This is still waiting for Lu Ming to cash out. According to the expectation of the promise, if the previous normal liquidity is used, the daily turnover of about 100 billion is normalized, and the shrinking to 80 billion is considered a land volume.

It is conceivable that in the market environment of the old and the United States tightening faucets after next year, assets with huge liquidity like the stock king must be focused on cashing out funds, especially foreign capital is definitely an expert.

And with such a large-scale plate of 30 trillion, who can catch it?

Other big-weight blue-chip stocks have slashed in half, and Big A will have to kill half of their lives. If Tiansheng Holdings also slashed in half, Big A will have to lose the rhythm for the other half of their lives.

Even if the stock king is adjusted by about 30%, he has to evaporate a scale of 10 trillion, and it will still cost the big A's life.

Therefore, once the 5 trillion super-large repurchase is over, trading will be suspended for five years immediately, which will directly lock the liquidity of the stock king. Don't even try to run. It will take five years to come out.

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