Rebirth: The Financial Giant

Chapter 172 [Take advantage of the bad to sweep the goods, remove the weak and stay strong (guarantee 22)]

Monday, September 12.

This morning, the first thing Lu Ming did when he came to the company was to take some time to look at the international financial information in the morning, mainly to see the situation of the North American capital market.

The matter of Leshi was just a small episode here. After he brought back Lao Ge who was about to jump into the pit at a critical moment, he stopped paying attention to this matter. Boss Jia will soon start the magic operation of returning to China next week. Stay out of the way, just eat the melon honestly, this melon is delicious and reasonable.

But then again, I will eat melons this year, and next year after the crash of Leshi, Lu Ming also intends to go shopping for a treasure. Leshi definitely has a big treasure in him. He has settled a lot of land these years. It also soared.

Lu Ming didn't plan to snatch the land with Lao Sun, and he wouldn't go to the property market when he was making money. Lu Ming did what he said and did what he knew.

But in addition to the land, Leshi has other treasures to scour.

...

Have you started to warm up...

At this moment, Lu Ming couldn't help talking to himself while watching the news of international financial information.

U.S. stocks fell sharply last Friday, with the three major indexes all down more than 2%, and the Dow down nearly 400 points. All three major indexes recorded their biggest one-day declines since the June 24 referendum.

But the main reason is the emergence of global bad news. After the Fed's remarks hinting at raising interest rates, it has aroused the anxiety of global investors. The CBOE Volatility Index, known as the panic index, rose by 40%. % to a two-month high, the biggest gain since the referendum.

Seeing these news, Lu Ming doesn't need to look at the market anymore. Today's big A is just one word: down!

Sure enough, the market sentiment after the opening was extremely poor. The Shanghai Stock Exchange directly gapped down by -1.34%, leaving a huge and very ugly gap. It fell below the 3000-point integer mark during the session. Today, the three major indexes all performed well. very bad.

The Shanghai Stock Exchange reported 3021.98 points after the market, a decrease of -1.85%, the lowest intraday drop was 2999.93 points, and the highest was 3040.95 points.

The Shenzhen Component Index was at 10,500 points, down -2.80%, and the ChiNext Index was at 2,145.56 points, down -2.61%. The turnover between the two cities was about 540 billion yuan.

The major sectors fell across the board, with ports, water transportation, real estate, and insurance falling slightly. Quantum communications, gold, non-ferrous rare earth and other sectors led the decline. Only 219 stocks in the two cities closed up, 20 stocks rose by the daily limit, 2,543 stocks closed down, 17 Only stocks fell by the limit.

Basically today is the whole line pulling the hips.

Tiansheng Holdings also fell -1.89% today, closing at 7,478.17 yuan per share, with a total market value of 598.25 billion yuan. Tiansheng Holdings has ushered in more than half a month of adjustments since hitting a record high, and the first three weeks of consolidation During the period, there was strong support around 7,500 yuan, and the stock price rebounded when it hit this position.

But today it fell directly below this support level, and today there was a net outflow of 150 million foreign capital, which was also the third net outflow of northbound funds since Tiansheng Holdings was listed, and the largest daily outflow.

...

After the market, Lu Ming held an internal meeting.

Today's market decline is basically expected. The Shanghai Stock Exchange opened such a large gap at the open, which is very decisive. It is a strong performance of a consistent bearish market. There is no way to cover this ugly gap. Don't think about the time of the month. Lu Ming spoke at the meeting, and the participants included Su Xiaoman, Ge Feng, Qi Wei, Li Mingyang and others.

Today's big drop in Big A is the result of the convergence of many negative factors: first, the uncertainty of the Fed's rate hike in September; second, the outflow of foreign exchange reserves and the opening of Shenzhen-Hong Kong Stock Connect have suppressed the valuation of Big A; Third, in terms of the scale of insurance capital participating in Shanghai-Hong Kong Stock Connect, it is also short-term negative for Big A.

But the core reason for today's plunge is that the panic in US stocks is the direct fuse.

Don't a large group of institutions in the mainland capital market like to follow the rhythm of the US stock market? In September, we will have a sneak attack. Taking advantage of the uncertainty of the negative interest rate hike in the US dollar, we will directly complete the second increase in the 'Tiansheng 150'! said At this point, Lu Ming tilted his head to look at Su Xiaoman: How much onshore liquidity does the company currently have?

Su Xiaoman replied: There are 258 billion yuan in liquidity!

Lu Ming nodded: Very good, in the next period of time, I will make a second follow-up vote for the existing Tiansheng 150 portfolio, and 135 billion yuan will be put in for me. These 76 votes have completed the second placard, that is, holding 10 % or more!

After speaking, Lu Ming threw the documents he brought to the conference table and distributed them, and the managers who attended the conference opened the list one after another.

Among the Haitian Anshi Maowulu, except for Tiansheng Holdings and Anshi shares, the other four votes are all listed. The current price of Anshi shares is in the sky, so there is no need to pick it up. Tiansheng Capital’s own shareholding ratio plus LP Chaoyun Trust, coupled with Tiansheng's value growth mix, holds a total of more than 12% of Anshi's shares. Tiansheng Capital is undoubtedly the second largest shareholder, and there is no need to increase its holdings.

As for Tiansheng Holdings, there is no need to increase its holdings. Lu Ming's own increased shares will not be sold. Not only will Lu Ming not sell his own company's shares, but he also particularly hates the founding of other companies. People sell their own company's stock.

If it is not a particularly high-quality investment target, Lu Ming will not take long for any listed company where executives sell their company's stock on a large scale.

Tiansheng Holdings' current circulating market is not large. At present, only 16.25% of the circulating market is traded in the secondary market, and it is also highly concentrated in the hands of institutions.

However, after April next year, 15 million shares of fixed increase shareholders will be lifted, and 1 million shares of internal executives will also be lifted, and the tradable shares will rapidly expand to 36.25%.

...

Today's meeting established a second large-scale investment, and the people below began to execute quickly.

Maotai's share price has fallen from 326 yuan in July to less than 300 yuan, a drop of more than -8%, and this position continues to be bought.

Tiansheng Capital currently holds 5% of Moutai and is the third largest shareholder.

This time, it is expected to invest 18.5 billion yuan to buy 61.5 million shares. At that time, the second placard will be triggered, and 125.6 million shares will become the second largest shareholder of Maotai.

The top 50 first-tier blue chips in the Tiansheng 150 portfolio will basically eat about 72% of the 135 billion yuan.

This time, including Longji shares in the photovoltaic sector, when the secondary market swept 4.5% of the goods, it negotiated with the company at the same time, and then Longji shares announced the introduction of strategic investment partners, that is, direct additional issuance to Tiansheng Capital 210 million shares, accounting for 10.56% of the total share capital, the company announced the suspension of trading.

As a result, Tiansheng Capital held 20.06% of Longji's shares, becoming the company's largest shareholder.

Another major investment is Gerry Electric, one of the leaders in white goods. It resumed trading this month after it was suspended for about half a year. After going out of the daily limit for three consecutive times, it began to fall, and Tiansheng Capital began to quickly build positions in the secondary market. Buy the company's stock.

In the following days, Tiansheng Capital's trading team quickly took advantage of the current negative and pessimistic expectations in the secondary market of Big A to silently sweep the stock, and try not to let the increased stocks on the list.

It is worth mentioning that, in August and September, three important companies invested by Tiansheng Capital landed on the big A, namely the currently suspended Zhaoyi Innovation, Antu Biotechnology of medical devices, and Anthracite of lithium battery separators. shares.

Maintain the Tiansheng 150 investment portfolio unchanged. The three newly listed stocks and Gerry Electric's entry into this portfolio means that four stocks will be removed from the Tiansheng 150.

Originally, many of them were made up temporarily. In the future, as companies that have been involved in the primary market are listed one after another, they will be further eliminated.

In short, there are four words: remove the weak and stay strong.

For the Tiansheng 150 investment portfolio, it is to keep the 150 constituent stocks with the strongest return on investment.

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