Chapter 129 [Backdoor listing, the super high opening of Changhong (3/6)]
Wednesday, April 20th.
Today, Big A is about to usher in the most expensive listed company in history, and the morning news has begun to report on the resumption of trading of Tiansheng Holdings.
Tonghuashun's top spot on the popularity list has been occupied by Tiansheng Holdings for three consecutive days. It can be seen that from Monday to now, the market's attention to the stock's resumption of trading has remained high.
Although more than 90% of the retail investors in Big A cannot afford to buy a single lot, it does not prevent everyone from paying attention to Tiansheng Holdings. If you can’t afford it, and you can’t participate, why don’t you just become a mass consumer?
The latest big news came around 8 o'clock in the morning, and the four major A index constituent stocks ushered in temporary adjustments.
Hainan Rubber (601118) was removed from the SSE 50 Index constituent stocks and Tiansheng Holdings (603230) was allocated;
The constituent stocks of the CSI 300 Index excluded *ST Minmetals (000831) and added Tiansheng Holdings (603230);
The constituent stocks of the Shanghai Stock Exchange 180 Index have eliminated Jishi Media (601929) and added Tiansheng Holdings (603230).
This is a major negative for the targets of the three constituent stocks that have been eliminated. Given the urinary behavior of many small stocks in Big A, investors inside will definitely smash the market and run away today, and the limit has been scheduled.
As time passes, the time for collective bidding is getting closer and closer.
…
Tiansheng Capital Headquarters.
At about nine o'clock in the morning, Lu Ming came to the trading room of Tiansheng Value Growth Hybrid Fund. When Li Mingyang saw the BOSS, he immediately said: "Mr. Lu, at your request, the fund had vacated 6.5 billion in cash yesterday."
Lu Ming nodded. This fund was used to build Cangsheng Holdings. The current capital size of Tiansheng Value Growth Hybrid Fund has reached more than 43 billion.
There is no doubt that Lu Ming will naturally have a full position in Tiansheng Holdings, 10% of the fund position, which is about 4.3 billion.
Tiansheng's "Five Tiger Generals" with a mixed value growth will be transformed into "Six Meridians Divine Sword" from today, and it will still be "Haitian An's Mao Wulu", but the "Haitian" in it is no longer Haitian Weiye, and among them
The word "天" has not changed but its meaning has come to represent the target of "Tiansheng Holdings".
The backdoor listing of his company is being handled by the company's operations team. What Lu Ming has to do now is what he should do as a fund manager. He will not reduce his own holdings, and the funds he manages will also increase their holdings. Tiansheng Holdings is the biggest shareholder of the company.
Responsible because we are firmly optimistic and unite our knowledge and action.
Time passed by, and the time for collective bidding at 9:15 was getting closer and closer. Lu Ming clicked on the keyboard to enter the 603230 code and looked at the bidding price of Tiansheng Holdings.
Finally, the time node jumped to 9:15, and today's collective bidding officially began.
Tiansheng Holdings opened directly higher by +50% during the bidding stage, and opened higher and higher all the way during the bidding stage, +60%, +66%, +69%, +73%... and continued to rise all the way.
With this momentum, institutional funds vow to more than double on the first day of resumption of trading today, and the bulls are full of momentum!
The bidding after 9:20 involves the participation of real money, and the order cannot be canceled after the bidding, but the bidding of Tiansheng Holdings continues to rise.
There is no price limit on the first day of backdoor listing and resumption of trading. Such bidding is obviously the participation of large institutional funds in the game, and it is absolutely impossible for retail investors to do it. Except for the lucky retail investors who were lying inside before the backdoor listing, retail investors outside the market can do it.
They are also rich people.
At 9:22:51, the collective bidding of Tiansheng Holdings exceeded +100%. As time passed, it continued to surge, +112%, +118%, +126%, +137%...
Finally, the call auction ended at 9:25, and Tiansheng Holdings opened at a price of 7,690.80 yuan, +156.36% higher, with the total market value reaching 615.264 billion yuan.
The Shanghai Composite Index also opened higher at the opening of the auction by +1.82%, which can be said to have opened significantly higher. The index opened higher with a gain of 55.36 points, of which 43.11 points were contributed by Tiansheng Holdings.
Tiansheng Holdings landed on the Big A, and the total market value of the Shanghai Stock Exchange Index was pushed to 25.68 trillion yuan.
As soon as the bidding results came out, the retail investors were dumbfounded, and the comments below went viral.
"It's outrageous, it's outrageous! The stock price has soared to 7690.8 yuan, it's outrageous."
"I am very happy now inside. Although I have been locked up in a small dark room for half a year, it is worth it."
"I'm envious. I'm sorry if you feel sour."
"Niubi Niubi, this magic wealth myth, at the moment when the collective bidding results came out, the richest man in the country and the richest man in Asia both changed hands. Brother Yi directly parachuted into the world's richest man with a nominal worth of more than 338 billion US dollars, about 52.3 billion US dollars."
Top 5 on the list, and he is only 24 years old! Can you believe he is 24 years old!!!"
"This should be the first time that a Chinese has entered the top 15, top 10, or top 5 of the world's richest people. He landed directly in the air. Although the nominal value is floating, it is still amazing!"
"That's crazy!"
"Is it possible for Brother Yi to directly ascend to the top of the rich list and dethrone Gates?"
"With this level of madness, it's hard to say."
"Gates's nominal worth is US$75 billion. Tiansheng Holdings has no price limit on the first day of resumption of trading. Theoretically, as long as it rises to +267.04% today, the stock price will rise to 1,101.137 billion yuan. Gates will become the world's richest man."
Changed ownership."
…
It’s not surprising that backdoor listings will skyrocket on the first day of resumption of trading. Big A has asset replacements, restructurings, and resumptions of listings every year, and prices can rise twice or triple at every turn.
But these underlying stocks that doubled and soared on the first day of resumption of trading were all very small. A stock worth tens of billions would still be worth tens of billions if it doubled five times.
However, Tiansheng Holdings is back on the market with a size of 240 billion, which is already quite huge. Among the big A companies with a total market value of more than 240 billion, there are exactly 20 companies including Tiansheng Holdings.
It is unimaginable for such a large-cap stock to double 1.5 times in one day. The absolute value of the total market capitalization has directly expanded to more than 370 billion. This is such an exaggerated astronomical figure. The main board has been pushed to a high of close to 2 points, exceeding
90% of the share is contributed by Tiansheng Holdings, which shows its exaggeration.
As soon as today's bidding results came out, the main board opened sharply, and all major market software immediately pushed out news about the collective bidding after Tiansheng Holdings' resumption of trading, with attractive titles such as the youngest richest man in the country, and the richest man in Asia just now
Titles like "I was born" are very eye-catching.
Even the media outside the industry are reporting on this incredible myth of wealth, attracting people from all over the world to come and watch, which is very lively.
No one expected that Tiansheng Holdings, listed with a size of 240 billion yuan, could actually be raised to 615.2 billion yuan in the call auction. This scale of market value also allowed Tiansheng Holdings to directly parachute into Big A. The current total market value of individual stocks ranks seventh.
of listed companies.
Investors finally understood why Tiansheng Holdings was able to temporarily jump in and be included in the three major indexes: SSE 50, SSE 180 and CSI 300.
Index constituents are generally adjusted twice a year, around June and November. In addition, there are temporary adjustments.
Obviously, if Tiansheng Holdings does not temporarily adjust its allocation, the index will definitely be distorted.
As soon as the call auction results came out, the SSE 50 Index opened higher by +4.47%, the SSE 180 Index opened higher by +3.85%, the securities sector opened higher by +5.79%, the CSI 300 Index opened higher by +3.16%, and the large weights collectively opened higher.
No matter how the market goes after the market opens, the mood in the early trading is ignited, and this high opening can be said to be a powerful force.
Those who hold on-market ETF funds or over-the-counter index funds of these four major indexes are all pleasantly surprised. The indexes opened so high that it even felt like they were dreaming back to the super market in early 2015.
The entire market sentiment was ignited and was running high.
As time passes by, the entire market is now staring at Tiansheng Holdings' market price. The time hand reaches 9:30 and the continuous bidding officially starts.
…
(Ps: What? The monthly ticket you just paid off is due again?)
