Rebirth: The Financial Giant
Chapter 628 [Profits from Tiansheng Enchantress]
Tianchi Technology's initial launch was a great success, and Lu Ming was happy to give money. Tianchi Technology's future loss expectations are indeed very scary, but it doesn't matter. The more losses Lu Ming has, the happier he will be. This means that Tianchi Technology is playing an important role in new energy vehicles. market share will become larger and larger.
As for the funding issue, with Tiansheng Capital taking care of the bottom line, there is no pressure even in the face of Tianchi Technology's huge losses.
It’s also worth mentioning that Tianchi Technology currently has such a huge debt scale, but the bank calls Zheng Hongrui every two days to ask for help and ask if the amount of funds is tight? Banks can provide Tianchi Technology with light-speed loans.
It is no exaggeration to say that as long as Zheng Hongrui nods, the bank can quickly lend out any amount of money he wants.
Banks would definitely not dare to do this for other new energy car companies, but Tianchi Technology is completely different. Even with such a terrible debt, banks are not afraid that it will become a bad debt, because behind Tianchi Technology is Lu Ming and Tiansheng Capital. Those who are really poor only have money left.
If Tianchi Technology cannot pay back the money, it is impossible for Lu Ming to ignore it, so of course there is nothing to be afraid of.
…
Not long after Zheng Hongrui left, Li Mingyang, who actually managed the Tiansheng Value Growth Hybrid Fund, came to Lu Ming's office and said, Boss, the size of the fund has reached 290 billion as of today's closing. Should we consider forced dividends to clear out the funds? approved?
This public offering fund is currently a unique fund in Big A and even in the world, because it will clear out Christians from time to time. Except for the earliest batch of Christians, all new Christians who come in are A new rule was accepted.
This stipulation is that the fund manager has the right to liquidate unilaterally, which means that even if the investor who buys this fund does not want to leave, the fund manager has the right to force the liquidation, but the premise is that the investor must make a profit of 50% The above means that this right is based on the citizens making money, and they do not have this right if they lose money.
Based on this, there is no other similar public fund in the world. Other similar funds are eager for the citizens to buy as much as possible, so that the management fees can be collected comfortably.
However, since the establishment of Tiansheng Value Growth Hybrid Fund, the return on investment has been so explosive. Not to mention killing all similar funds in an instant, countless big A stocks may not be able to achieve such growth.
Precisely because the return on investment is super amazing, it has also made countless Christians crazy about it. Now, no matter whether they are playing funds, stocks, super stocks or price investors, everyone knows about this fund. to the point.
Moreover, a good open-end public fund has now been forced to become a semi-closed public fund, with redemptions open and subscription suspended all year round.
Even if the daily purchase limit is 800 yuan, we dare not keep the subscription open, because quantitative changes will lead to qualitative changes, and there will be an overwhelming number of people buying. Even if the purchase limit is imposed, I am afraid that in one month, countless Christians will be able to buy everything. Sheng Yaoji's market has reached a scale of 500 billion, and retail investors who speculate in stocks will also subscribe for fixed investments every day. There is no purchase limit, and they will even rush into it without hesitation.
At this time, Li Mingyang added: As of today's close, according to this index market, Tiansheng Value Growth Hybrid Fund's cumulative net income has reached +82.66%, ranking first among similar funds.
Tiansheng Value Growth Hybrid Fund’s previous top ten holdings all saw great gains during this period of main rising waves. Tiansheng Holdings rose by +76%, Maodi rose by +50%, Wuliangye rose by +60%, Haitian Weiye rose by +15%, Luzhou Laojiao rose by 50%, Zhongguo PICC rose by +138% (cleared), Zhongxin Construction Investment rose by +379%, Dongcai rose by +120%, Muyuan shares rose by +130% .
These top ten holdings contributed a net return rate of +60.46% to the Tiansheng Value Growth Hybrid Fund in this rising market. Together with other holdings in the back row, a total cumulative net return rate of +82.66% was achieved.
What’s even more amazing is that with such a huge scale, Tiansheng Value Growth Hybrid Fund can lead all similar public funds in the two cities and rank first.
This is completely different from a fund worth hundreds of millions.
It’s interesting to look at the net value return rankings of major public funds. From January this year to today’s close, nine of the top ten public funds with yields are products from Tiansheng Fund. Currently, there are More than 15,000 various funds.
You must know that Tiansheng Fund, a subsidiary of Tiansheng Capital, in addition to issuing a large number of passive industry index ETF products, also has many active public funds, not just a fund product such as Tiansheng Value Growth Mix.
Yinghua Domestic Demand Select Mix, which ranks tenth in yield, has achieved a performance of about +65%, but the first quarter is not over yet. It is closely followed by a public fund under Tiansheng Fund, which is very likely After the end of the first quarter, the top ten public funds with yields were all products of Tiansheng Fund.
However, the top Tiansheng public funds are all closed-end, but their scale is not small. With the growth of income, most of them are now worth around 10 billion.
And there is another very interesting point. There are several other Tiansheng public funds that were ahead of Tiansheng Value Growth Mix a week ago, but their net values have plummeted in the past few days.
It’s not that fund managers don’t avoid risks. In fact, the group of sub-fund managers under Tiansheng Fund Company gathered for a meal after the market closed and easily reached a consensus on advancing and retreating together. Is there any behavior of manipulating the market? It’s hard to explain, and it’s hard to explain clearly!
This has to be said that those fund managers are operating with high emotional intelligence and do not steal the limelight of Tiansheng Value Growth Mix. They obviously doubled a week ago, but now Tiansheng Enchantress’s return rate ranks first, the only one with more than 80 Points of return rate, the other eight Tiansheng funds are floating around 70 points.
These closed funds are an order of magnitude smaller than Tiansheng Enchantress. When the company's internal information is almost shared, it is normal for the net income to exceed Tiansheng Enchantress.
But no, it’s all due to emotional intelligence!
Anyway, it’s definitely not wrong to do this, that’s right!
In fact, they all see things through without telling them, and they are all smart. Lu Ming can naturally see it at a glance. He is neither very happy nor blaming. This is sophistication and a tacit understanding, and everything can take its course.
Finally, Lu Ming looked at Li Mingyang and said: Since the scale has reached 290 billion, it can be cleared.
Li Mingyang said: Just like this, the market may be volatile.
Lu Ming said: It's not that I'm afraid, but it will definitely happen.
Tiansheng Value Growth Hybrid Fund is about to be liquidated again. The first thought in the minds of all investors who saw this news was that Brother Yi was short and he was going to run away!
Obviously, it will inevitably cause a major blow to the long sentiment of the entire market.
Brother 1 is already running away, how dare you stay in the venue and not leave?
The scale has become larger and the influence has become greater, but this is not so good. If you make a little move, countless pairs of eyes in the market will stare at you, and then issue a torture: What do you want to do? Do you want to run?
After a while, Lu Ming smiled and said: You go ahead and prepare for the clearing work. I will do some processing here to try to make the market fluctuations less.
…
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