Rebirth: The Financial Giant

In a domestic first-tier city, it is located in a residential building in the center of the city.

It's 13:45 in the afternoon, and it's been a while since the midday market opened.

Brother 8000, who was sitting in front of the computer, watched the transaction of his position account order on the market software. He immediately washed his hands and muttered to himself: Finally, let the labor and capital be released, grass Nima!

Yesterday, Lao Yang stared at the market all day. At the end of the game, he sent a message in the group many times, calling everyone to hang up and limit the price. When the end of the game was about to open, he shouted in the group again. The other 24 people strictly abide by the score. The operations were all hung up and stopped out at the end of the session.

But Brother 8000 took a gamble and wanted to leave very much when the down limit was blocked. When the board was about to open, he was suddenly reluctant to leave, thinking that it might reverse, so he secretly changed the pattern.

As a result, I never expected the big commander to let out a black swan, and today he was pressed to death again on the limit-down board.

If it is said that the other twenty or so friends in the group have just played a lonely game for more than a month, but Brother 8000 has lost money.

For no other reason, during this round of the market driven by foreign capital, Brother 8000 chased the high and increased positions three times, and now he has taken one more limit than the rest of the group.

After Lao Yang and the others withdrew yesterday, they at most took back the profits of the second wave of rising profits. The profits were withdrawn by about 40%, and they did not make a loss, but the 8000 brothers' withdrawal reached as much as 72%.

At this moment, Brother 8000 looks more and more angry when he looks at his position account. Tiansheng Holdings's super main rising wave at the beginning of the year has been full of positions from the beginning to the end, and he has escaped the five-link limit. The market value of the positions soared to 55.8 million.

By the eve of the flash crash last Friday, it had skyrocketed to 79.52 million, and now the net assets in the securities account have plummeted to 22.07 million after the position was closed.

Seeing that the market value of the holdings broke the 100 million mark, and it was shattered in less than a week, how unwilling I was!

...

The time came to the last half hour of the late trading. Brother 8000 saw that Tiansheng Holdings was pressed to death on the limit-down board again, but the order was not large, and transactions continued to occur, but today's limit-down has strongly supported the trend of Tiansheng Holdings. The level has fallen below, and the technical level has been broken, and the short-term energy is like a rainbow.

Looking at it, the more 8000 brother looked, the more unwilling he became, the more angry he became, the more he lost the more he thought about it, and when his temper came up, he went straight to Tianling Gai.

When the heart is horizontal, it is directly Gan!

Brother 8000 is not an indecisive master. He immediately opened the account financing channel. He is now qualified for margin financing and securities financing.

Seeing that Tiansheng Holdings still has the balance of securities lending, it happened that the brokerage he used was Cailian Securities, which has the securities lending service of Tiansheng Holdings. Brother 8000 did not hesitate to borrow stocks and sell them short on the spot.

While operating the account, he muttered angrily to himself: Just go in with a heavy warehouse, and the grass-mud horse will die!

Ten minutes later, the account showed that the borrowed stock was successfully sold and sold. Brother 8000 scolded again: Give the lord to continue to plummet, Nana has a leg, a spicy butt, and drafted the second uncle!

Big A currently has two shorting methods: one is shorting stock index futures, and the corresponding underlying is the CSI 300 Index. To put it bluntly, it means shorting the 300 constituent stocks in the CSI 300 Index with leverage; the other is the Shanghai and Shenzhen 300 Index. There are a total of 90 constituent stocks in Shenzhen and Shenzhen that can be shorted by securities lending, including Tiansheng Holdings.

Moreover, Tiansheng Holdings has the largest securities lending balance, which is more than the sum of the other 90 stocks. Lu Ming is confident, so he dares to lend 1.5 million shares of his own company. Anyone who wants to go short can borrow and go short.

After the market closed, Tiansheng Holdings still hit the daily limit, and today it walked out of a K line that reached the T shape.

Today, the two markets staged a tragic case of 1,000 shares falling to the limit, and the effect of losing money exploded. The market fell directly below the platform's shock box in a downward gap today, and today a huge amount of money was released, and funds were fleeing on a large scale.

At about 16:00 in the afternoon, Tiansheng Holdings' block transaction data came out. The block transaction generated an astronomical figure of 80.6 billion that day, still at a discount rate of 15.36%. This data also shocked the entire market.

Today, Tiansheng Holdings' secondary market's daily turnover is 11.6 billion. In addition to the transaction volume of large transactions, the total daily turnover scale has once again reached a new high, reaching an unprecedented 92.2 billion super large volume.

However, the two markets stipulate that: the transaction price of a block trade is not regarded as the closing price of the security on the day, and the volume of the block trade is included in the total transaction volume of the security after the market closes, and each transaction volume, transaction price, and buyer and seller are at the closing price. It will be announced separately later, and the final block trade is not included in the index calculation, so it has no impact on the index of the day.

Simply put, block trades are included in the total volume, but not the closing price, nor are they included in the index.

Not long after the block trade came out, the inflow of foreign capital today was also announced, which also set a new historical record for net outflow on the day. billion scale.

At the same time, in addition to selling the market value of Tiansheng Holdings' tens of billions of positions from the mainland stock market, foreign investors also sold more than 33 billion yuan through block transactions.

...

Tiansheng Capital Headquarters, President's Office.

It has been more than two hours since the closing time. Yu Tingnan, Xue Zhongming and Duan Zhengjie, the directors of the three major institutions, are in Lu Ming's office. They are both members of the board of directors of Tiansheng Capital, but their owners are several major companies. External institutional shareholders, so they have also become the communication bridge between Lu Ming and several major institutions.

The board members of the company do not represent the interests of the company, but the interests of shareholders. All board members are elected by shareholders. To put it bluntly, whoever is elected is responsible for whom.

Sitting on the boss chair, Lu Ming said with a smile: The market has been going very well in the past two days. In just two days, nearly half of the bottom line has been handed over. It's really too late to mention the pants. I ran away quickly, unexpectedly.

He didn't expect the black swan released by the commander to be so powerful. Today, a large number of institutions are all clearance sales, and the discount rate of large transactions is about 15%. There is no need for the secondary market to fall. Go low ahead of time.

Guo Jia's team, including Lao Wang and Da Qiangzi, must have been rude and took over.

After handing over so many chips at the bottom of the profit plate, we have basically completed about 70% of the shuffling target. As for the remaining profit plate chips at the bottom, Tiansheng Value Growth Mixed Fund, as well as Guo Jia Team Institution and Chaoyun Trust With Wanxiang Group, these are all playing together.

The situation has changed, the market has exceeded expectations and needs to be adjusted in time. Lu Ming looked at the block transaction information of Tiansheng Holdings and said, Foreign investors have already cut more than 30 billion yuan through block transactions today, plus secondary The market has almost cut the meat, and there should be another large-scale declaration for the block trade next Monday. If the output is almost the same, the market can be started in advance.

There are quota restrictions for foreign capital in the Mainland Stock Connect channel, but they can use block trades, because block trades are not included in the index and do not affect the closing price of the secondary market.

But the premise is that there must be funds willing to undertake it. To put it bluntly, it is only when someone takes over the order to complete a large transaction.

...