Rebirth: The Financial Giant

Chapter 274 [Large-scale cake distribution scene (6993)]

In other words, the rumored news that Tiansheng Capital issued convertible bonds, is it true?

Amazing source!

I don't know, Tiansheng Capital did not respond to market news, but it is certainly not groundless.

The current record is 7 billion yuan for national average convertible bonds. Tiansheng convertible bonds is going to issue 30 billion yuan?

Don't let Tiansheng Capital jump out and say it's a rumor.

How about convertible bonds?

It's not much different from a stock transaction, and it's a T+0 transaction. You can sell it if you buy it on the same day, and there is no stamp duty!

Tiansheng Capital is not short of money, why is it still borrowing money? I can't understand it!

If you understand it, you won't comment here.

Isn't there a conflict between lack of money and borrowing money?

Okay, if Tiansheng Capital really wants to issue convertible bonds, then don't split stocks in the future. If you can't afford the underlying shares, you can buy convertible bonds. You can either speculate in convertible bonds or trade at t+0. At that time, you can choose debt-to-equity swaps, that is, debt-to-equity swaps have to wait for half a year after the issuance and after the equity swaps, you can’t tamper with them.”

...

The news of Tiansheng Capital's plan to issue convertible bonds has aroused market expectations. The so-called source was of course released at the behest of Lu Ming. Let's see the market's reaction. At the same time, the convertible bond issuance plan is also steadily advancing.

The feedback from the market is also good, and most of them expect Tiansheng Capital to issue convertible bonds.

Not surprisingly, Tiansheng Convertible Bonds will be issued and listed within the first quarter of next year.

...

Time entered November, and the contract for paid transfer began to advance.

On Friday, November 17, many LP institutions such as Ningzhou Social Security Fund Administration, Wanxiang Group, Chaoyun Trust came to the headquarters of Tiansheng Capital.

In the high-level conference room, there was even a very lively scene at the moment. Wang Yue, Lin Qiang and other institutional leaders came to the scene in person. After all, this was a transfer transaction process involving hundreds of billions of dollars.

On Tiansheng Capital's side, Yao Yun led a group of legal elites from the company to draw up a paid transfer agreement with the LP institutions.

Chaoyun Trust received 58 yuan for Fenjiu and 67 yuan for Laojiao.

The Ningzhou Social Security Fund paid 720 yuan for Maotai and 76 yuan for Wuliangye.

Huaan Trust connected with Ningbo Bank for 19 yuan, Zhaoshang Bank for 30.5 yuan, and Jingdong Fang A for 6.22 yuan.

Wanxiang Capital received 55 yuan from the magnesium group, 48 yuan from Gerry Electric, and 32 yuan from Yili.

...

It is like a large-scale pink cake scene. Many LP institutions divide up the constituent stocks of Tiansheng Shanghai 50 Index and Tiansheng Shenzhen 100 Index. The biggest undertaker is to transfer stock assets to enrich the social security fund, and it is also the largest LP institution of Tiansheng Capital.

You must know that the social security institutions of Tiansheng Capital's LP entrusted funds are not only the Ningzhou Social Security Fund, but also many social security funds in other places.

The market value of the reduction reached 750 billion yuan. After the paid transfer, Tiansheng Capital could not get the transfer funds from the LP institutions at the first time, because it was impossible to take out so much cash.

Instead, the LP institutions cashed out after they got the transfer shares before remittance to Tiansheng Capital, which is equivalent to accounts receivable.

If the actual cash out is 800 billion, the extra 50 billion is left by the LP institutions themselves, and the market value of the stock transferred by Tiansheng Capital is 750 billion.

...

On the other side, Lu Ming sat and chatted with Lin Qiang, Wang Yue, Shen Ju and others.

Brother Lu, with so much capital withdrawn from the stock market, how can I live in peace? Is it the property market? Wang Yue, the CEO of Wanxiang with Erlang's legs crossed, couldn't help but ask curiously.

The bosses are chatting, and the people under them are doing things, and the bosses are responsible for stamping and signing when the job is done.

Lin Qiang spread out his hands with a smile and said, Horror... I said, Pharaoh, what you said was a question that you knew well. Brother Lu made it clear three years ago that he was optimistic about the property market but did not participate in the property market.

After a while, Lin Qiang preemptively added: But Brother Lu has invested heavily in An's shares, haha!

As soon as this remark came out, it attracted a knowing smile from several bigwigs present.

Lu Ming laughed and spread his hands: It was Mr. An's decision to enter the property market for An's Group. I didn't interfere in the slightest. The only suggestion is to let An's Group, who want to raise pigs, give up raising pigs and build pigsties instead. Now it seems that we have indeed given up raising pigs and turned into pigsties.

Hahaha~~

It turns out that the Anshi Group's pigsty business is your work, Brother Lu, haha!

Lin always wakes up laughing when he dreams of the sale of An's shares, I'm so jealous!

To each other, it's as if your Wanxiang Group doesn't have Anshi Group's stock.

Several bigwigs are flying to each other's business, and when it comes to Anshi's shares, Da Qiangzi is still very cool.

Anshi Group's performance has grown brightly. Anshi Group has been willing to spend money to repurchase shares in the past two years. The company's total share capital has dropped to 13.7 billion shares. Now the stock price has risen sharply to 122 yuan, with a total market value of 1.67 trillion.

The average cost of the 888 million Anshi shares owned by Chaoyun Trust is the same as the average cost of the 967 million Anshi shares held by Tiansheng Capital. .

The 14.5 billion yuan of Chaoyun Trust at the beginning has become the current market value of 108.3 billion yuan, and the net income of Anshi's shares alone has reached 93.8 billion yuan.

The Anshi shares held by Wanxiang Group were bought by Pharaoh halfway through the Antiy War. The cost price was much higher, the cost price of 22, but it also had a yield of +454%. Wanxiang Group held the shares. Anshi's shares were not entrusted to Tiansheng Capital for management like Chaoyun Trust, but only agreed to act in concert.

The highest cost is the Ningzhou Social Security Bureau. At first, the paid transfer cost was more than 40 yuan, but now it has nearly doubled the investment return rate after the resumption of rights.

After a while, Lu Ming said in a deep voice, Funds just came out of the stock market to avoid stock market risks. If the property market does not enter, they can only enter the bond market. Only the bond market can accommodate such a huge amount of funds.

Wang Yue couldn't help but nodded and said, The last bear market in the bond market lasted for 16 months. At present, the bond market has been in a bear market for 13 months. Compared with the last cycle, the bond market is indeed going to be bullish.

Although Lu Ming clearly told LPs that the funds withdrawn from the stock market should go into the bond market, they still would not invest by themselves and would still entrust the funds to Tiansheng Capital.

Because the bond market is not easy to do, the interest rate bonds are fine, but corporate credit bonds are in trouble. Many bond funds get companies that step on the thunder, and they go to lawsuits after paying back the money.

Or leave it to a professional to take care of it, just lie down and win.

Everyone estimates that Lu Ming's withdrawal of funds from the stock market into the bond market should be mainly to hedge against inflation. Although the volatility of the bond market is far less than that of the stock market, it is entirely possible for the bond market to be bullish and to outperform inflation during the period.

Lin Qiang looked at Lu Ming and asked, Brother, will this news be announced on weekends and weekends tomorrow?

Lu Ming shook his head and said, No, it will be announced at about 8 o'clock in the morning next Monday. I will arrange a press conference to disclose the transfer.

In this regard, people expressed no opinion.

Half an hour later, Lu Ming's chat with several bigwigs was over, the agreement had been checked, and the persons in charge on both sides began to sign the transfer agreement.

So far, 37.5% of the total market value of the A-share market held by Tiansheng Capital has been transferred to its LP institutions for a fee.

In addition, Tiansheng Capital will also engage in two major negatives to suppress the stock price when it hits the market. One is to announce the reduction of 2.5% of the stock assets held in the A-share market. As a result, it will withdraw from the stock market. 40% of the market value of the holdings; the second is to lend Tiansheng Capital's stock and securities lending funds to short the market.

Two days later, on the morning of Monday, November 20, Tiansheng Capital held a temporary press conference, officially announcing that the company had passed the resolution of the board of directors to transfer the market value of 750 billion in the A-share market.

Good guy, this news caught everyone off guard in the early trading. Big A was like a 750 billion-level depth bomb that was detonated, causing huge waves before the early trading.

...