Rebirth: The Financial Giant

Monday, January 15.

Tiansheng Capital Headquarters, President's Office.

Eight thirty in the morning.

Lu Ming is looking at the various messages in the comment area of ​​Tiansheng Convertible Bond. The code is already there. Investors can find it by searching for Tiansheng Convertible Bond or the trading code on the market software, but there is not a single K line yet. , but today will come out of the first daily K line

Other relevant basic information is available.

Before the listing, there are many messages in the comment area. I have to say that the popularity of Tiansheng Holdings is really lacking.

The key is still the strength of the rise. Since Tiansheng Holdings resumed trading and listing, the closing price as of today is 12775.79 yuan, with a total market value of 1022.063 billion yuan, which has remained stable at the trillion yuan market value.

Since the resumption of trading and listing, the cumulative increase has increased by +362.16% (resumption of rights). The core assets of the proper big A usually seem slow, but looking back, it has increased nearly 2 times in a year.

Really slow.

This is not the kind of junk small-cap stocks that are hyped up and doubled by a few hot money.

As of today's close, the total market value of 8 stocks in Big A is in the trillion-dollar club. The rankings are: ICBC (2.16 trillion), Anshi (1.67 trillion), China Construction Bank (1.62 trillion), Zhongyou (1.52 trillion), Zhongguo Ping An (1.34 trillion), Agricultural Bank (1.28 trillion), Bank of China (1.14 trillion) and Tiansheng Holdings (1.02 trillion).

Behind Tiansheng Holdings is Maotai, whose market value has reached 990.4 billion yuan. It is only a matter of time before entering the trillion-dollar market value club this month. At that time, Big A will give birth to the first trillion-dollar wine company.

Please come in.

Hearing the knock on the door, Lu Ming responded and looked up at the office door. Han Qiulin walked into the office and handed a document to the desk.

The company's fiscal 2017 consolidated performance report has been driven out.

Hearing this, Lu Ming's spirit trembled. He was not the only one who was waiting for the annual report data. All the major LP agencies were eagerly looking forward to it.

A lot of smart money in the market is also waiting.

At present, the first month of the new year has been completed halfway, and it is finally out.

In the past seven trading days, Tiansheng Holdings has remained sideways and fluctuated in a wide range, all ending with a cross star, and the upper and lower shadow lines are very long, indicating that the stock price is calm at this position, and the capital game is extremely fierce.

In fact, the main force of the super institutions are all ready to go, although they do not know the specific situation of the annual report data, because after the last abnormal daily limit, whoever came to the wind and Lu Ming would not have any hints.

Institutions also did not take the initiative to explore, and most of them would be closed if they knew that they came, and they already knew that Tiansheng Capital's 2017 annual report performance would shock the entire market.

Depends on the exact numbers.

It is no exaggeration to say that the main force of the organization has everything ready, and the annual report can be regarded as a smashing cup.

Pour me a glass of water.

Lu Ming said casually and picked up the annual report submitted by Han Qiulin to read.

As of December 31, 2017, the company's annual revenue was 365.595 billion yuan, a year-on-year increase of 1083.69%; net profit was 268.533 billion yuan, a year-on-year increase of 1124.55%, and the annual net profit rate was as high as 73.45%; total assets at the end of the period were 1,531.3 billion yuan, a year-on-year increase 259.44%; net assets of 1502.2 billion yuan, a year-on-year increase of 258.92%, the company's net assets have exceeded the current market value by more than 50%.

The net profit is 268.533 billion yuan. This performance is absolutely explosive. The company's earning ability properly interprets the phrase not open for three years, open for three years.

The bulk of the net profit mainly comes from two aspects. On the one hand, it is the excess performance commission. On the other hand, it is the profit realized by Bitcoin. The Bitcoin shipment target has been completed long ago, and it has also stepped out of a high-level sideways position. The appearance of this form is the result of Tiansheng QDIE pulling the stage and showing it at the same time. This is the trace left by running away and cutting the leeks.

The remaining 3.79 million continued to hold still.

Lu Ming continued to read the annual report data, and took a sip from the cup handed by Han Qiulin.

As of the end of last year, Tiansheng Capital had a total scale of 4.61 trillion yuan in its own assets + assets under management, and its overseas assets surpassed those in China, reaching 2.67 trillion yuan, or about 410.9 billion U.S. dollars.

After reading the annual report data, Lu Ming signed and approved and said, We will release it after the market closes.

Tiansheng Capital still has to pay dividends. This time, it will pay a big dividend, but it has not yet passed the resolution of the board of directors. This is not urgent.

On the one hand, Lu Ming personally holds 55% of the company's total share capital, and dividends must be a steady profit. On the other hand, he has to take care of the institutions that hold Tiansheng Capital, and a large number of institutions such as the social security fund Guo Jia team.

This is how Lu Ming tells the market that long-term holding of Tiansheng Capital can not only generate rich cash dividend income every year, but also rich income from rising asset prices. It is the most valuable long-term holding in the entire market for more than 30 years. stock.

When this annual report is released, Tiansheng Holdings will be a one-word board with absolutely no suspense tomorrow, and it will definitely be able to get out of the continuous market. How high it can go depends on the market sentiment.

The market is about to open today. Lu Ming was planning to see how the Tiansheng Convertible Bonds listed today would perform, but out of the corner of his eyes saw that Han Qiulin was still in sight, and asked casually, Is there anything else?

Han Qiulin pretended to be hypocritical and said, ...Is there any stock today?

... Lu Ming couldn't help but stare at her for a while, then looked at the computer screen on the desk, and replied succinctly: It's enough, if you want to get it yourself.

The beautiful assistant, who was pretending to be hypocritical just now, was not hypocritical at all when she heard this, and directly cleared the inventory by herself.

...

But said today's disk situation.

At 9:15, the morning call auction officially started. The Tiansheng Convertible Bond auction peaked at 130 yuan. After the call auction ended, one transaction was completed, with a total transaction value of 530 million yuan.

There is no price limit on the first day of the convertible bond listing, and there is no price limit on other trading days. At the same time, the convertible bond is still a T+0 trading variety, which means that it can be sold on the same day it is bought, and there are timely error corrections. Opportunity to stop loss.

Unlike T+1 stocks, you can only sell on the next day if you buy them on the same day.

The bidding of Tiansheng Convertible Bonds is very strong. It is because the popularity is too high and the attention is too high. The bidding is temporarily suspended at the opening of the auction, and the trading will not resume until 14:57 in the afternoon.

The reason for this is that in order to avoid excessive speculation, the exchanges in the two cities have imposed real-time mandatory suspension on convertible bonds, which stipulates that once the increase in convertible bonds reaches a certain level, trading will be suspended for a period of time.

If the price of convertible bonds in Shanghai stock market rises or falls by more than 20%, it will be temporarily suspended for half an hour. If the price of convertible bonds rises or falls by more than 30%, trading will be suspended until 14:57 pm. If the suspension exceeds 14:57 for half an hour, it will be suspended until 14:57. will resume.

If the price of Shenzhen convertible bonds rises or falls by 20%, there will be a temporary suspension for half an hour, and if the price rises or falls by 30%, the trading suspension will continue for half an hour, and then there will be no limit on the rise and fall. Similarly, if the trading suspension time exceeds 14:57, it will be Trading will resume at 14:57.

There are two biggest differences between Shanghai and Shenzhen convertible bonds:

The first difference is the difference in the suspension time after the price rise or fall reaches 30%. The Shanghai market directly stops the call auction at the end of the session, while the Shenzhen market will resume trading after the suspension for half an hour after the price rise or fall reaches 30%. This means that Shenzhen convertible bonds will have more trading hours after the second temporary suspension and resumption of trading, while the Shanghai market has only three minutes at the end of the market.

The second difference is the call auction at the end of the session. There is no call auction in the last three minutes of the Shanghai convertible bond market. It is a continuous auction, and the order can be withdrawn. In addition, there is no limit on the rise and fall, which means that the last three minutes of the session. It can be called a dance of demons, and a straight-line crash and a straight-line skyrocket may occur; while the Shenzhen convertible bond is a call auction in the last three minutes, and the order cannot be withdrawn after the order is placed.

To put it simply, the chaos that may appear in the Shanghai market is in the last three minutes of the market, and the chaos that may appear in the Shenzhen market is in the intraday stage when there is more time.

Tiansheng Holdings is a stock on the main board of the Shanghai Stock Exchange, and its convertible bonds naturally belong to the Shanghai Stock Exchange.

Now the opening price on the first day is 130 yuan, and the increase of +30% means that the trading is directly suspended until 14:57 at the end of the trading day. During the period of intraday trading suspension, investors who hold Tiansheng Convertible Bonds cannot trade. It is also impossible to place orders. Investors who have buying and selling intentions wait until the last three minutes of the late market to trade. There is no limit on the rise and fall in these three minutes, and theoretically, they can continue to rise.

The listing of Tiansheng convertible bonds has attracted much attention today. It is the most popular among all convertible bonds in the two cities. This is expected. Who made Tiansheng Holdings the underlying stock of this convertible bond?

...