Rebirth: The Financial Giant

Around 14:27 in the afternoon.

In the last half-hour of trading this week, the Shanghai Composite Index continued to find new lows throughout the day, and the 3000-point integer mark was in jeopardy, and it could break out into a technical bear market at any time.

The last time the water level was below 3000 was on Friday, September 30, 2016. The index, which had risen for a year, fell below it within a week. This is a cruel reality that many people cannot accept and have to face.

But just when the index was about to break through the important psychological level of 3000 points, the securities sector changed!

To be precise, the limit-down orders of Tiansheng Holdings, the leader in the sector, are being eaten like crazy, and at the same time, the trading volume is released. When the smart funds in the market see Tiansheng Holdings’s heavy volume, they quickly realize that this is extraordinary. Variation.

Almost everyone agrees that the leader of this market is Tiansheng Holdings. When the market starts, it ignites, and when the market collapses, it starts when it is locked in a small dark room.

Therefore, Tiansheng Holdings is being stared at by all kinds of funds in the market. Institutions, retail investors, and hot money are staring at it, as are those who hold or do not hold this stock.

The volume has increased, and Tiansheng Holdings has increased its volume. It is unprecedented that the transaction on the board has exceeded 5 billion!

The transaction has reached 10 billion!

The main force is entering the field to take over, and there are less than 20,000 orders left.

Does it open today?

What the hell? The board has been opened, and the amount can be released more than 37 billion, I'm sorry!

The dragon has raised its head! The dragon has raised its head... very stern!

It's wonderful to describe this dragon looking up!

...

At 14:35, Tiansheng Holdings opened the fifth one-word down limit, and the time-sharing line began to tilt its head. As the total market leader this time, it really looks like a dragon raising its head.

A small window pops up for real-time unpacking alerts of major market software:

[The securities sector moved up in a short period of time, Tiansheng Holdings opened the lower limit, the turnover exceeded 40 billion, Cailian Securities closed the upper limit, and Zhe Entropy Securities rose the upper limit in a straight line. 】

At the same time, the Shanghai Composite Index expanded to -0.92% at this time, when the index bottomed out at 3000.47, and then it suddenly began to rise.

Tiansheng Holding's prying dragon raised its head and released a turnover of more than 40 billion yuan, releasing a major signal to all the funds in the market. The super main force is entering the market in a big way.

Such a large amount cannot be the behavior of retail investors, and even if this stock is hit by a five-word limit, it is not affordable for retail investors.

At the same time, it cannot be general institutional behavior.

So the funds that haven't cut the meat but are hesitating whether to cut it or not see this situation, of course, stop it, the index has begun to dip and rise, there is no reason to wait, if it breaks, it is not too late to run, anyway That's it.

The sudden drop in the market's selling pressure, coupled with the large-scale entry of OTC funds, naturally manifested as a rally in the late afternoon.

At 14:52, after Tiansheng Holdings, which fell to the limit, the decline narrowed to -7.21% and hit the limit again. The turnover has exceeded 45 billion.

The daily limit was blocked again, and Zhe Entropy Securities, which had originally stepped out of the ground, also exploded.

The index began to fall under pressure again, but after stepping back for three minutes, the index continued to rise and rebound. This is the panic performance of Tiansheng Holdings after the board was closed again, and the continued rise is the performance of panic funds quickly reacting and correcting errors.

Because looking back and thinking, although Tiansheng Holdings closed the board again and fell to the limit, but the order on the board did not exceed 200 lots, basically someone sold it and someone picked it up, indicating that the real selling pressure has basically been released.

And the huge amount of Tongtian that has been released is impossible to deceive. The huge amount of more than 45 billion can be the main force of real money to enter the market and take over. Pressing the limit again is just to scare people and continue to kill panic.

In addition, the index fell from 3587 points to 3000 points. The slump in this period was so ruthless and urgent that the index did have a demand for a technical rebound.

Therefore, Tiansheng Holdings closed the limit again, the market calmed down again after three minutes of panic, and the selling pressure disappeared after only three minutes.

After the closing, a small circle of hot money exchange group.

Tiansheng Holdings, I bought more than 200 hands. It's not bad to look at the wool of the first brother.

Heroes see the same thing, I made 300 hands.

Haha, such a coincidence? I also entered a little, and I am also going to take a dividend.

Tiansheng Holdings opened the board today to give away red envelopes.

Indeed, today is the equity registration day. If you enter this ticket, you can enjoy dividends. After deducting 20% ​​of the dividend tax, it is enough to have a surplus. Just set the interest rate difference and leave. The red envelope market, haha!

Those institutions are really ruthless, and they are murderous, but they entered the market today on the equity registration day.

Yeah, today's meat-cutting must be that the funds trapped in the Saxo Incident were forcibly liquidated. The chips were distributed to them at a high of 25,000, and they received these bloody chips at the position of 14,800... tsk tsk tsk.

In the end, it is the group standing at the top of the stock market food chain. I don't know how much hot money has been wiped out by institutions in the weight market this time.

Anyway, our Qunqian brother is said to have been wiped out. We allocated five times the leveraged funds, and our positions have been liquidated!

Big A is getting harder and harder to get along with, so let's take it easy in the future.

...

It has to be said that the main funds entering the market today to undertake the selling funds of Tiansheng Holdings are really ruthless. Anyone with a discerning eye knows that it is the liquidated funds trapped in the Saxo platform. Today’s trading volume and liquidated funds. About the same size.

Picking up these bloody chips on the day of equity registration is even more murderous, and it also warns the world of the cruelty of the capital market.

You know, you can enjoy dividends if you buy shares on or before the record date. On the contrary, if you buy stocks before the equity registration date and hold the stocks all the time, but sell the stocks on the equity registration date, you will not be able to enjoy dividends.

After the market closed, today's Big A fell -0.58% after the market to 3010.76 points. It fell -0.92% during the session. The index hit 3000.47 in an instant, but at this time, Tiansheng Holdings's change actually caused the decline. The trend was reversed.

Investors all shouted 666 swearing, the main force's ability to control the disk is impeccable.

Today, after Tiansheng Holdings stepped out of the fifth one-word limit, its stock price dropped to 14835.65 yuan, with a market value of 1186.852 billion yuan.

Tiansheng Holdings, which once stood at the 2 trillion yuan market value mark, and the market shouted that it would surpass the first line of the universe, has plummeted by -42.05% in just five days, almost halving.

Who would have imagined that a super-weighted white horse stock with an annual dividend of 250 billion would get out of the junk stock flash crash market, and those who didn’t know it thought it was going to be hit by ST’s thunder stock.

The white horse stock exploded and was even delisted by ST, and it was not without it in Big A.

...

At 16:00, the president's office.

Han Qiulin stood silently watching Lu Ming read the materials she handed over. After a few minutes, Lu Ming came over with a pen and quickly signed the documents. This was a confirmation document about the company's equity registration date.

Because dividends are subject to ex-dividend, ex-dividend price = closing price on the record date of equity - cash dividend per share.

The closing price of Tiansheng Holdings’ equity registration today is 14,835.65 yuan, so the ex-dividend price is:

[14835.65-3125=11710.65 yuan]

The ex-dividend date is next Monday, which is the opening of the market next Monday. Tiansheng Holdings will conduct a call auction based on 11710.65 yuan, with a corresponding market value of 936.852 billion yuan.

Although the stock price seems to have fallen by 3,125 yuan, it is not a fall for shareholders who hold shares, but a downward adjustment. For shareholders who have dividend rights, the market value of his positions has not changed.

Dividend distribution by listed companies is itself a wealth transfer, not wealth creation.

Before dividends, assets belong to the company, and after dividends, they belong to the disposable assets of shareholders.

Stock dividends are reflected in the outflow of cash assets of listed companies. In the balance sheet, the net assets of the stocks will decline. If the net assets are less, the corresponding stock prices will naturally decrease.

The 250 billion dividends of Tiansheng Capital equals the loss of 250 billion of the company's net assets. If the market value remains unchanged at the value before the outflow, this is a hooligan, and it is obviously unreasonable. There is no such good thing in the world.

When dividends are distributed, the dividends that investors actually receive from dividends are the same as the price of the stock price falling, so the total market value of investors' positions remains unchanged, but the cost of holding positions is directly reduced by 3,125 yuan.

Today, there are several hot funds who responded quickly and dared to follow up the main players in the late trading. It is very clear that today's limit is the lowest price. Naturally, get on the bus quickly, and from the perspective of technical analysis, Tiansheng Holdings is also in the market outlook. If there is a rebound demand, and the rebound demand of the index is superimposed, it is almost a risk-free arbitrage action.

...

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