Chapter 1096 [A new round of super-large repurchase plan]
The Shanghai Composite Index still failed to break through July's high of 3,458 today, just a little bit short of it. However, it did break through yesterday's high.
The securities sector fell back in late trading, with Zhaoshang Securities blowing up.
Tiansheng Holdings finally closed up +5.97%, with the stock price at 413,768.19 yuan per share, with a full-day trading volume of 76.4 billion yuan, and a total market value of 30.11 trillion yuan.
Today's trading volume of the stock king finally suppressed Tianchi Technology, once again reaching the top of the list of daily trading volumes of stocks in the two cities.
At about 16:00 in the afternoon, Tiansheng Capital Headquarters.
The board of directors was being held at the moment, and Lu Ming, who was sitting at the head of the meeting, said in a deep voice: "From the last trading day of this year, that is, Thursday, December 31, to February 18, 2021 next year, the company will start a new business during this period.
A very large-scale repurchase plan, with the goal of continuously repurchasing a total of 10 million shares for 30 trading days, and spending 5 trillion yuan in repurchase funds."
Tiansheng Holdings' current self-owned liquidity exceeds 11 trillion, and after taking out 5 trillion, there is still 6 trillion left. The company's own liquidity does not actually require such a huge capital reserve.
Because Tiansheng Capital is an asset management company, its LP funds have greater liquidity than this. Although the ownership of these funds does not belong to Tiansheng Capital, the allocation rights or control rights belong to Tiansheng Capital for 15 years.
.
In other words, the money is yours, but I have the final say on how you spend it.
In a sense, this wave of repurchase operations is equivalent to another level of taking things out of the left pocket and putting them in the right pocket, because the shareholders of Tiansheng Capital are mainly large institutions.
Five trillion yuan to buy back, this is a staggering figure. The company wants to buy back 10 million shares. The institutional shareholders who sold these 10 million shares to cash out have so much money, and they are also worried.
what to do?
Then leave it to Tiansheng Capital Management. This is a high probability event.
It is equivalent to saying that the allocation rights of this money have returned to the hands of Tiansheng Capital. The only change is that the ownership has become LP, but Tiansheng Capital has the final say on how to spend the money.
Of course, it is impossible for all the 5 trillion repurchase funds to "flow back" to Tiansheng Capital, but there is no problem for at least half of the funds to flow back.
In this way, the promise of the market has been fulfilled.
At this time, Lu Ming, who was sitting in the position of chief chairman, looked around at the board members present and said: "On the day the buyback ends, which is after the market closes on Thursday, February 18, 2O21 next year, the company will announce a five-year suspension of trading on major matters.
Trading will resume on Tuesday, February 18, 2O25.”
Having said this, Lu Ming paused for a moment, then looked at the directors assigned by the participating institutions and added: "The company suspended trading and officially promoted the restructuring plan. This is a historic turning point for Tiansheng. The company's current market value is 30 trillion. The restructuring plan
In the future, I am confident that Tiansheng will achieve a market value of 60 trillion by 2025 and a market value of 100 trillion by 2030. I have this confidence but there is no absolute guarantee."
"So, I welcome the shareholders behind you who are willing to accompany Tiansheng; on the contrary, let's withdraw in an orderly manner in the 5 trillion super-large-scale repurchase plan launched at the beginning of the year. The biggest purpose of this repurchase plan is to provide
Shareholders have a free choice to stay or leave, and I believe that I, Lu Ming, will be worthy of your return on investment."
The two institutional directors present at the meeting couldn't help but nodded, and said: "I understand, Chairman, I will convey your feedback later."
The two directors also heard another hidden meaning from Lu Ming's words. They chose to withdraw at this juncture. It was understandable and full of money.
But these two directors also know that once they withdraw, they will also withdraw from the Tiansheng Capital board of directors, and they will definitely be kicked out by Lu Ming. These two directors first represent the interests of Tiansheng Capital’s institutional shareholders, and they withdraw from the board of directors of Tiansheng Capital.
Naturally, they will also get rid of the directors they assigned, and at the same time, the withdrawn institutions will also enter Lu Ming's personal little black notebook, which is understandable.
After all, at this juncture of the company's major restructuring, you don't support it but run away. If the company goes downhill after the restructuring, it would be wise for you to run away. But if Hengqiang, the powerful Tiansheng Capital after the restructuring, continues to rise to 60 trillion or even
With a market value of 100 trillion, if you want to come back to eat meat at this time, there is absolutely no way.
And you are speechless. Lu Ming is so kind that he specially spent 5 trillion yuan to buy back the money for you to cash out at a high price.
Tiansheng Capital is advancing the restructuring plan this time. Another purpose of the company's five-year suspension is to lock up liquidity. Regardless of whether you are domestic or foreign, the stock price will rise in the next thirty trading days and return to normal.
Buying 5 trillion yuan will give you enough time and enough liquidity to choose whether to stay or go.
If you don't quit yet, it means that you are willing to continue to be optimistic about the future of Haosheng Capital and choose to hold it for the long term. If the trading is suspended for five years, don't complain, even though it is useless to complain.
This round of restructuring of the company should be completed in about three years, but Lu Ming chose to suspend trading for five years because the next five years are the most critical five years in the game with America.
Tiansheng Capital suspended trading at a high level and directly locked up liquidity with one word: stability—!
Stability is everything!
The current global capital market environment is all loose, with unlimited quantitative QE in the United States and the United States, and the market is flooded with money. The core logic driving the A-share market in July this year is the flood of money.
Everyone is very happy now.
But after next year, the United States will not be able to withstand the pressure of inflation and will raise interest rates. The faucet will begin to tighten, and the valuation bubble will be burst. However, the global economy has not picked up, and the market has no foundation to support it. Countries around the world
Competitive depreciation of a currency will inevitably lead to a sharp decline.
Assets around the world are facing a sharp decline, and the blue-chip heavyweight stocks of Big A will continue to halve. The more liquid the stocks, the more fundamental the leading stocks, the harder they will fall.
Because they are leading stocks with good performance and good fundamentals, retail investors are willing to take over, so they have good liquidity, which is conducive to avoiding risks and the withdrawal of big funds. On the other hand, those stocks with poor liquidity are more resistant to falling, because big funds can run away even if they want to.
If it doesn't come, it's better to let it stay at a high level. At least the asset prices will remain artificially high and the accounts will look good.
The harder those good stocks fall, because retail investors know they are cheap and the more they fall, the more willing they are to take over. However, retail investors can withstand the decline and endure the loneliness, but they cannot hold on to the prosperity at all. They will hold on for a year, two or even several years just to get back.
Basically, all the capital was sold when the capital was recovered. At this time, the big funds came back.
At present, the most liquid stock in the entire A-share market is Tiansheng Holdings. During this period, even the land volume is more than 30 billion and the trading volume is more than 40 billion. This is what everyone is waiting for Lu Ming to cash in.
According to the expectations of the promise, if the previous normal liquidity is followed, a daily trading volume of about 100 billion is normal, and a shrinkage to 80 billion is considered a land volume.
It is conceivable that in the market environment where the United States and the United States are tightening their faucets after next year, for highly liquid asset targets like stock kings, funds will definitely focus on cashing out, especially foreign capital, which is definitely a master at smashing the market.
And who can handle such a huge plate of 30 trillion?
Other large-weighted blue-chip stocks have been cut in half, and Big A will lose half of its life. If Tiansheng Holdings also cuts in half, the other half of Big A's life will also be lost.
Even if the stock king adjusts by about 30%, it will still evaporate 10 trillion yuan, which will still kill Big A.
Therefore, as soon as this 5 trillion super-large-scale repurchase is completed, trading will be suspended for five years, directly locking up the liquidity of the stock kings. No one can escape, no matter whether you are foreign or domestic, retail or institutional, they will all be in the dark room.
