Rebirth: The Financial Giant

After Tiansheng's convertible bonds resumed trading, it plunged by seven or eight percentage points in a few seconds, which shocked Jia Changliang, and tens of thousands of dollars disappeared in an instant. The child is less than tens of thousands and is going to be sold.

However, just when he was about to close the position and sell it, Tiansheng Convertible Bonds rebounded quickly, and it rose in a straight line.

Jia Changliang was stunned, everyone was dumbfounded, where have you seen this kind of battle in Big A?

I was so stunned that I forgot to operate, and soon it soared by more than 30% to a new high.

Jia Changliang, who had reacted at this time, chose not to move, because the increase was too brutal. Before, it lost tens of thousands in an instant, but now it has increased by tens of thousands.

The Handicap Transaction Detail List is frantically generating a large amount of the latest transaction information, which is being refreshed frantically.

At the same time, the time-sharing line is rushing in a straight line: +37%, +41%, +46%, +52%, 58%... It didn't stop until the close at 15:00 was at +69.01%.

After the close, the after-hours data of Tiansheng Convertible Bonds:

Closing price: 1101.522

Change: +69.01%

Turnover: 43.6 billion

Positive share price: 23274.24

Conversion price: 12350

Conversion value: 188.455

Premium rate: +484.50%

Tiansheng Convertible Bonds closed a series of new highs today, setting the largest increase and largest amplitude of the day. In addition, the trading volume of the day reached a new high, the conversion premium rate reached a new high, and the convertible bond price reached a new high, which directly stood at the thousand-yuan mark. .

This is how Big A gave birth to the first thousand-yuan bond in history. It can basically be confirmed that the current Tiansheng Convertible Bond has entered the stage of complete stupidity, and it has even entered this stage three days ago.

Jia Changliang's mind is blank now, how can there be such a frantic rise, although the more fierce the rise, the more profit for him, which is a good thing.

But Liangzai also felt that this increase was not a bit excessive, but rather excessive!

At this moment, Jia Changliang looked at his account information absently, feeling that everything was like a dream, too unreal.

Just 20 minutes ago, the market value of his account was 1,388,500, and now it has become 1,796,500, more than 400,000 more in 20 minutes.

This really rose to the point where he doubted his life, which was an exaggeration.

Not only Jia Changliang is doubting his life, but investors from all walks of life are doubting his life. Almost all major forums and stock exchange groups are discussing Tiansheng Convertible Bonds.

Nine days and ten times, I want to scold people for this Nima's rise!

The first thousand-yuan bond appeared in Big A, and the second-highest Taiyang Convertible Bond closed at 137.45 yuan today.

The price investment faction was furious... [covers face]

There is a saying, this kind of skyrocketing 1.1 times on average a day has really hit me as a value investor.

Yeah, I took more than ten points of blue-chip stocks for two months. It's not as good as the fluctuation of this demon debt for half a minute. Nima is very angry when he sees it!

Is it that the village chief doesn't care about it? Just because the underlying stock is Tiansheng Holdings?

Tiansheng Holdings has also risen too much. It has doubled since the bottom of 11156. Can you believe it? The market value base of more than 800 billion has doubled like a demon stock. Can you believe it?

It is said that Cailian Securities, which has risen twice as fast as it has gone out of the 8-link board, is the total leader of the brokerage sector, but in fact Tiansheng Holdings is the total leader of the entire Big A market. The leader is not dead. keep hi!

I think the use of 'demon debt' is not enough to describe Tiansheng Convertible Debt, it should be called Tiansheng Divine Debt!

No problem, from now on it will be called Tiansheng Divine Debt!

At the end of the session, I bought 30 divine bonds, more than 30,000 yuan. In such a strong end of the session, it won't be too much to give it a higher price tomorrow. I will bid and run tomorrow.

Warrior bull pen, what I want to say is to be careful about the risk of forced redemption!

Impossible? It's only been nine days since it was listed, how can it be forcibly redeemed?

Damn it, don't you look at the mandatory redemption rules for convertible bonds? Simply put, if the positive share price of the convertible bonds of listed companies is higher than 130% of the conversion price for 15 to 20 consecutive days, the mandatory redemption will be triggered. It is also going up all the way to the top, take it easy.

That is to say, as long as the stock price of Tiansheng Holdings rises to 28,405 yuan, the foreclosure will be triggered, and it will rise by +22.04%. In other words, the board will be closed on Friday tomorrow, and the board will continue to be closed on Monday, until the closing price on Tuesday. Small up and close...you know.

Tiansheng Holdings is taking a strong main wave, and it may really trigger the forced redemption mechanism.

Don't panic, you can still be crazy for a while. Isn't it another 15 days. As long as the village chief doesn't close the little black house, you can continue to wave.

I seem to see the tragic scene of chicken feathers in the back.

The village chief should come out and take care of it. The one-day turnover of Nima's debt has already topped half of the one-day turnover of the GEM. Today, the turnover of the GEM is more than 80 billion yuan. No matter what, go to this debt. already.

...

That night, the village chief still did not come out to speak.

On the contrary, Tiansheng Capital issued a risk warning announcement again. Investors: Got it, continue to speculate tomorrow!

The speculators didn't give a shit, the village chief didn't say anything, your brother jumped out and beeped with a hammer.

Just do it, do it hard!

I don't know who started it. The name of this convertible bond has been changed from the official name of Tiansheng Convertible Bond to Tiansheng Demon Debt and then directly promoted to Tiansheng God Debt today.

Everyone began to change their tongues and call it God's Debt. Since they are gods, of course they are lying high in the nine clouds, soaring up to 90,000 miles.

...

The next day, Tiansheng Capital headquarters.

Around 9:50 in the morning.

In the president's office, Su Xiaoman finished talking about work and then brought up the company's convertible bonds.

In the market in recent days, the most eye-catching is the pure speculation of Tiansheng's convertible bonds. It seems that the risk warning announcement has no effect at all. Do you want to do something else?

Today is the last trading day of this week, and it has been 20 minutes since the market opened. Tiansheng Convertible Bonds continued to open +10% higher today until the opening second, triggering the temporary intraday suspension mechanism again, and resuming trading in ten minutes.

The underlying stock opened higher and moved higher today at 9:47, but it opened and exploded after only a few minutes of closure. Now it is also oscillating near the daily limit. Compared with yesterday's shrinking daily limit, today's volume is heavy.

Lu Ming asked back: What else can we do besides the risk warning announcement? The management hasn't asked for their reasoning, so we shouldn't make random decisions and let the bullets fly for a while.

Su Xiaoman sighed softly: In the end, I don't know how many people went bankrupt overnight.

Lu Ming said indifferently: The current hype of Tiansheng Convertible Bonds is almost similar to the previous warrants. The most important thing to consider in this pure hype is liquidity. The liquidity was relatively poor at the beginning. The situation of hacking and slashing, no matter which channel of funds, hot money or retail investors, is not worthy of sympathy.”

At this moment, the price of Tiansheng's convertible bonds has reached 1321 yuan, a 12-fold increase in ten days. Anyone who participates in this position, even a pig, knows that they are stupid and thinks that there will be more Silly people come to take over, and being buried alive is self-inflicted.

An increase of 60 to 70 points in one day is indeed enviable, but it is all illusory and not everyone can participate. Those who dare to participate now must be mentally prepared to suffer losses of tens of percent.

It was about 10 o'clock, and Lu Ming immediately got up from the sofa in the lounge area and came to the desk, opened the market software in the work computer, and entered the market price of Tiansheng Convertible Bonds.

Su Xiaoman also followed slowly and stood aside to watch.

At this moment, there is less than a minute before the resumption of trading, Lu Ming stared at the time-sharing chart on the disk and said: No surprise, we will most likely receive inquiry letters and key monitoring of abnormal changes in convertible bonds at the close of trading today. Never mind...

While speaking, Tiansheng Convertible Bonds opened again. Lu Ming stopped talking and looked at the market. The intraday time-sharing line rushed straight up at the moment when the re-marketing opened. It took about less than five seconds for the increase to reach At the +29.58% position, the second temporary stop can be triggered at any time at the top.

But after hitting here, it jumped in an instant, and soon all the way to +17%. After half a minute of grinding, it rushed up five or six points, fell down, and rushed up again...

It just keeps going up and down violently. Since it is a T+0 transaction, you can sell it when you buy it on the same day, which makes everyone’s trading frequency exaggerated. Some retail investors with fast hands can even do it several times in a minute. Two-way trading of buying and selling, the entire time-sharing line is densely packed with buying and selling transaction points.

Anyway, the brokerage is in love.

The violently oscillating up and down lines coming out of the time-sharing chart are a concrete manifestation of the dancing of demons.

Big and small retail investors and big and small hot money are slashing each other wildly inside, and every profit made by everyone in it is the meat cut off by another person. This is the scene of large-scale slashing and killing each other.

The huge amount of transactions in the sky is the embodiment of everyone's red eyes.

Lu Ming said again what he didn't say before, and sighed: ...No matter what, if things go on like this, there may be a tragedy of jumping off the building.

Su Xiaoman asked, What should we do if the inquiry letter comes down?

Lu Ming said without hesitation: Both of them applied for a trading suspension, and the main shares of the convertible bonds will all be closed in a small dark room for a few days.

Today's closing will definitely be regulated. Lu Ming's judgment is very confident. Tiansheng's convertible bonds have gone crazy like this, which has faintly affected the liquidity of the stock trading market. The reason is that more and more people Sell ​​the stock to engage in this convertible bond.

Because the interests are moving!

There are more and more people who are stupid, and if they are still delayed in supervision, they will most likely have a major incident.

...