Rebirth: The Financial Giant

Big funds outside the market are all fighting for the stock king, because of the repurchase news disclosed by Tiansheng Capital in early trading.

It's not possible to just repurchase it once, right?

Tiansheng Capital did not further disclose more details of the repurchase, but the market speculation was mixed, this may be the first wave of repurchase, so they all bet that Tiansheng Capital will have more repurchases in the future.

After all, this company is already famous for its lavishness, and it has no branches in the entire A-share market and even the global capital market.

Just look at the dividend scale of the stock kings over the years. One year is better than one year, and now it has reached the scale of dividends of trillions.

Tiansheng Holdings implemented the repurchase plan for the first time, only 130 billion yuan did not meet the temperament of stock king.

The general rise of the market today is actually related to Tiansheng Capital's repurchase.

Although the gate on the Yangma side is very tight, when the seedlings in many countries around the world are loosening on a large scale, the domestic Yangma does the opposite.

However, the large-scale repurchase of the stock king is actually an indirect release of liquidity for the market.

The funds that sold Tiansheng Holdings have been cashed out. It must have a new place, right?

Whether it is the stock market or the entity, there is always a place to go, which is a positive expectation for the market.

With positive expectations, the market's confidence will come, so the market has entered a stage of general upswing. Now Lu Ming can't hold back even if he wants to suppress the ChiNext.

As long as Tiansheng Holdings is not suppressed, the trend of the market will not change.

At around 11:00, the major market software pushes news:

[The securities sector rose again, Tiansheng Holdings rose by more than +7%, the stock price hit a record high of 245,000 yuan, and the on-the-spot turnover exceeded 130 billion]

At this time, the market value of the stock king has reached a scale of 19.4 trillion according to the latest market price. This trend is to follow the rhythm of three consecutive boards, and all investors are stunned.

The stock king rushed all the way, and the bullish sentiment in the market also rose unprecedentedly.

However, when Tiansheng Holdings rose by about +7%, a large number of selling orders began to be thrown out, and Guo Jia's team began to distribute chips for the first time!

Moreover, it was a large-scale sell-off. A single transaction of several billions of dollars went out. This transaction is equivalent to the transaction size of other large-cap stocks in one day, which is really scary.

This also frightened the long funds that entered the market. At the same time, Tiansheng Holdings’ repurchases were reduced. Let other funds in the market take over first, so that the bullets can’t be fired as soon as they come up.

In case today's 170 billion bullets are fired early, there will be no money to support the market if there is a large-scale sell-off later, except for additional liquidity to come in, but this is obviously separated from the repurchase that was formulated at the beginning. plan.

At this moment, during the twenty or so minutes from the close of the morning market at 11:30, Tiansheng Capital stopped accepting the repurchase funds.

As soon as the biggest bulls and the main force rested, and Guo Jia's team continued to distribute chips, the stock king's time-sharing line also reacted real, unable to rush up and began to oscillate downwards.

With the passage of time, near 11:30 in the morning market break, Tiansheng Holdings' intraday gain narrowed to +4.37%. +0.75%, the index point has the meaning of falling below 3100 points.

Then in the last eight minutes of the morning market break, the stock king's time-sharing line again oscillated upwards, until the morning market closed at 11:30, the increase rebounded to +5%, and the increase in the broader market also expanded to 1 percentage point again.

...

As soon as the morning session ended, during the noon break, the atmosphere of the entire market was still hot, and various lunch reviews and discussions emerged one after another.

Now the discussion in the exchange groups of major stocks has increased significantly, and the market is full of various voices and arguments of the bull market.

In fact, since the second half of July, the strong performance of the A-share market in the past two trading days is not an independent market, but a continuation of the ferocious market performance of the ChiNext since the end of June.

Last month, when the main board was slowly accumulating its strength, the ChiNext reached a new high for the year early. Since June, the ChiNext Index has risen by almost 18 points.

From a macro perspective, it is still because of the further resumption of work and production since May, and production activities have gradually resumed, and have basically fully resumed work so far.

A favorable indicator is the coal consumption of the six major power plants, which have recovered to above the historical average since May.

According to the official disclosure, the rate of resumption of work of enterprises above designated size is 99%, the rate of resumption of personnel is 95%, and the rate of resumption of work of small and medium-sized enterprises is 91%. Continue to cover.

Judging from the trend of the market, it can be seen that the market style is switching, but the difference between the market on the style switching is that the market has switched from the ChiNext market to the current board with a lower valuation, such as non-bank finance, real estate, etc. .

The biggest difference now is whether this wave of market prices directly stimulated the whole market, or whether the market is entering the stage of comprehensive market market.

Unlike the market in the second quarter, which mainly revolved around the pharmaceutical and technology sectors, from the first two trading days of the third quarter to today, the market has mainly followed the two main lines of compensating for the low-valued stagflation sector and pre-increase in the mid-term report.

On the one hand, the pharmaceutical and technology sectors have already risen in the second quarter, and there is a need for funds to cash in on earnings; on the other hand, the current real estate, finance and other sectors are currently in a historical position, with high cost performance. It is favored by funds to make up for the demand.

Another important factor is that Tiansheng Capital, which was on the cusp of the second quarter and was dominated by negative news, meant to usher in a reversal of its difficulties. Some time ago, there was major good news about the entrustment of US$1.31 trillion of foreign LPs for management. The positives continued, and most of them exceeded expectations.

Although the stock price has been making new highs, it has doubled since the staged low of 104,611.82 yuan in March, and it seems that it has risen too crazy, but from the perspective of the price-earnings ratio, it is still lower than the current average price-earnings ratio of the financial sector as a whole.

In addition, Tiansheng Capital is currently repurchasing shares on a large scale, and the repurchase has also been cancelled, which has given the market great expectations.

For the stock king, the top priority of the entire market now is the first quarterly report that was delayed until July 6th.

...

At 13:00 in the afternoon, the A-share market opened as scheduled in the afternoon.

Five minutes after the opening, the major market software pushed the first market news in the afternoon:

[Tianchi Technology rose by more than +5%, the stock price exceeded the 600 yuan mark and hit a record high, and the current turnover was 27.2 billion yuan. 】

At the opening in the afternoon, the new energy sector pulled up a wave. Tianchi Technology, known as the pro-son of Tiansheng Capital, became stronger again. The intraday share price rose to a price of 612.90 yuan. The market value has reached 1.65 trillion yuan. There is no doubt that The first stock on the Science and Technology Innovation Board, at the sub-level of the town.

From the perspective of return on investment, Tiansheng Holdings has been quite exaggerated, but Tianchi Technology still kills Tiansheng Holdings.

Tianchi Technology was listed on the Science and Technology Innovation Board on July 22 last year, and it is only ten days away from the first anniversary. The listing price is 13.70 yuan per share. As of today, the cumulative increase is +4373.72%, which has risen by more than 100% in less than a year. 43 times, which is a record in the A-share market.

Another record is that the stock price of Tianchi Technology once hit 6.19 yuan per share in the initial stage of listing, and the total market value reached 16.7 billion yuan. If it was bought and held from 6.19 yuan for a year, the cumulative increase has reached terrifying. 9801.45%, a 98-fold increase, buying about 100,000 yuan and getting it is now almost 10 million yuan, and basic wealth is free.

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