Big funds on the sidelines are all trying to get the best of stocks because of the buyback news disclosed by Tiansheng Capital in early trading.
It’s impossible to just repurchase it once, right?
Tiansheng Capital did not disclose further repurchase details, but there are various market speculations that this may be the first wave of repurchases, so many are betting that Tiansheng Capital will have more repurchases in the future.
After all, this company is already well-known for its wealth. It has no other branches in the entire A-share market and even the global capital market.
Just look at the scale of dividends paid by stock kings over the years, and you will know that each year is better than the previous year, and now it has reached a scale of trillions.
Tiansheng Holdings implemented the repurchase plan for the first time, only doing 130 billion, which is not in line with the temperament of a "stock king".
Today's general rise in the market is actually closely related to Tiansheng Capital's buyback. The ups and downs of the market are never independent events, not to mention the terrifying size of Tiansheng Capital's market now.
Although the gate on the central bank's side is very tight, when many countries around the world are loosening their crops on a large scale, the domestic central bank is doing the opposite.
However, large-scale buybacks by stock kings are actually indirectly releasing liquidity for the market.
Those funds that sold Tiansheng Holdings have been cashed out. It must have a new place to go, right?
Whether it is the stock market or an entity, it has to go somewhere. This is a positive expectation that is good for the market.
As positive expectations exist, the market becomes more confident, and the market enters a general rise stage. Now Lu Ming cannot suppress the GEM even if he wants to.
As long as Tiansheng Holdings is not suppressed, the market trend will not change.
At around 11 o'clock, major market software pushed messages:
[The securities sector rose again, Tiansheng Holdings rose more than +7%, the stock price hit a record high of 245,000 yuan, and the transaction volume on the spot exceeded 130 billion]
At this time, the market value of the stock king has reached 19.4 trillion according to the latest market price. This trend is to follow the rhythm of three consecutive boards, and investors from all walks of life are dumbfounded.
The bullish sentiment in the market has also surged unprecedentedly as the stock kings have been on the rise.
However, just when Tiansheng Holdings rose by more than +7%, a large number of selling orders began to be placed, and Team Guo Jia began to distribute chips for the first time!
Moreover, it was a large-scale sell-off, with billions of dollars being sold in a single transaction. This amount was equivalent to the daily trading volume of other large-cap stocks, which was indeed quite scary.
This also scared the long funds entering the market. At the same time, the repurchases of Tiansheng Holdings decreased. Let other funds in the market take over first, and we cannot shoot out all the bullets as soon as they come up.
If today's 170 billion bullets are used up early, there will be no money to protect the market if there is a large-scale sell-off later, except to draw in more liquidity, but this is obviously divorced from the repurchase plan that was initially formulated.
plan.
At this moment, during the twenty minutes before the early market close at 11:30, Tiansheng Capital stopped accepting repurchase funds.
As soon as the biggest bull main took a break, and Guo Jia's team continued to distribute chips, the time-sharing line of the stock king also reacted realistically, unable to rush up, and began to turn around and fluctuate downward.
As time went by, near 11:30 in the morning closing period, Tiansheng Holdings' intraday increase narrowed to +4.37%. At the same time, the market also followed the shock during this period and fell back. The increase once narrowed to +4.37%.
+0.75%, the index point means it will fall below 3100 points.
Then in the last eight minutes of the morning break, the time-sharing line of the stock king once again fluctuated upwards. Until the morning break at 11:30, the increase rose back to +5%. At the same time, the increase of the market also expanded to 1 percentage point again.
…
As soon as the morning trading ended and during the noon break, the atmosphere in the entire market was still hot, with various afternoon comments and discussions emerging one after another.
Nowadays, the discussion in major stock trading exchange groups has obviously increased significantly, and the market is filled with various voices and arguments for the bull market.
In fact, since entering the second half of July, the strong performance of the A-share market in the past two trading days is not an independent trend, but a continuation of the fierce market trend of the GEM since the end of June.
Last month, when the main board was slowly gaining momentum on the verge of breaking through, the GEM hit a new high for the year early. Since June, the GEM index has risen by almost 18 points.
From a macro perspective, it is due to the further resumption of work and production since May, production activities have gradually resumed, and now work has basically been fully resumed.
The coal consumption of the six major power plants is a favorable data indicator. Since May, the six major power plants have returned to above the historical average.
According to official disclosures, the current resumption rate of enterprises above designated size in the country has reached 99%, the personnel return rate has reached 95%, and the resumption rate of small and medium-sized enterprises has reached 91%. As the epidemic situation is gradually controlled and the resumption of work and production is gradually completed, domestic economic data
Keep it covered.
Judging from the market trend, it can be seen that the market style is switching, but the market's disagreement on the style switch is that the market has switched from the GEM market to the current main board with lower valuations, such as non-bank finance, real estate, etc.
.
The biggest disagreement now is whether this wave of market conditions is whether the GEM market has directly stimulated the entire market, or whether the market is entering a stage of comprehensive market conditions. This still cannot confirm the arrival of a comprehensive market market, but the style switch is indeed taking place.
Unlike the market conditions in the second quarter, which mainly revolved around the pharmaceutical and technology sectors, in the first two trading days of the third quarter until today, the market conditions have mainly followed two main lines: low-valuation sluggish sectors making up for gains and mid-term earnings forecasts.
On the one hand, the pharmaceutical and technology sectors have already risen in the second quarter, and there is a need for funds to realize profits; on the other hand, the current valuations of real estate, finance and other sectors are at a historical position, with high cost performance, and low valuations bring investment security. Editor's Overlay Sector
To make up for the increase in demand, it is favored by funds.
Another important factor is that Tiansheng Capital, which was at the forefront of the second quarter and mainly received negative news, has the intention of reversing its predicament. Some time ago, there was major good news that foreign LPs of US$1.31 trillion were entrusted with management.
The good news continues, and most of them exceed expectations.
Although the stock price continues to reach new highs, it has doubled from the periodic low of 104,611.82 yuan in March this morning. It seems that it has risen too crazy, but in terms of price-to-earnings ratio, it is still lower than the current average price-to-earnings ratio of the entire financial sector.
In addition, Tiansheng Capital is currently repurchasing shares on a large scale and canceling the repurchases, giving the market great expectations.
Regarding the target of the stock king, the top priority of the entire market now is the first quarter report, which was postponed to July 6.
…
At 13:00 p.m., the A-share market opened as scheduled in the afternoon.
Five minutes after the market opened, major market software pushed the first trading news in the afternoon:
[Tianchi Technology rose by more than +5%, the stock price exceeded the 600 yuan mark and hit a record high, with the current transaction volume of 27.2 billion yuan.]
The new energy sector opened higher in the afternoon. Tianchi Technology, known as the "son" of Tiansheng Capital, strengthened again. The stock price rose to a high of 612.90 yuan during the session. The market capitalization has reached 1.65 trillion yuan. There is no doubt that the market value has reached 1.65 trillion yuan.
The first stock on the Science and Technology Innovation Board, at the market level.
If you look at the return on investment, Tiansheng Holdings is already quite exaggerated, but Tianchi Technology still beats Tiansheng Holdings in seconds.
Tianchi Technology was listed on the Science and Technology Innovation Board on July 22 last year. It is still less than ten days away from its first anniversary. The listing price is 13.70 yuan/share. As of today, the cumulative increase is +4373.72%. In less than a year, it has increased by more than
43 times, which set a record in the A-share market.
Another record-breaking thing is that the stock price of Tianchi Technology reached 6.19 yuan per share in the early stage of listing, and the total market value reached 16.7 billion yuan. If you buy and hold it from the price of 6.19 yuan for one year, the cumulative increase has reached a terrifying level.
9801.45%, an increase of 98 times. I bought it for about 100,000 yuan and now it is almost 10 million yuan. Basically, I have freedom of wealth.
