Today is the weekend, and around 10 a.m., the financial media section pushed a message that attracted the attention of the capital market. Sources claimed that more than 80 large institutions gathered at Tiansheng Capital for research today.
Among these institutions, if you pick just a few, they are all famous, including social security funds, university endowment funds, large trust funds, etc. These institutions are tens of billions or hundreds of billions in size.
Suddenly, Tiansheng Capital attracted the attention of the capital market this weekend.
…
Around 10:15, more than 200 people gathered in the company's conference hall, all dressed in suits and leather shoes. Old friends such as Wang Yue from Wanxiang Group and Lin Qiang from Chaoyun Trust were among them.
There are a lot of new faces.
There are more and more friends.
There are even a few people from the game industry. The reason is that they have too much cash flow, which adds up to 6.5 billion. They don’t know how to deal with it, and they don’t dare to go to the capital market for fear that the beam will be lost in vain, so they want to entrust it to
Professionals do asset management.
It is a well-known fact that the gaming industry is extremely profitable.
Everyone present at the meeting was dressed very formally. Only Lu Ming, who was on the main podium, was wearing casual clothes with his own personality, which made him look quite unique.
Lin Qiang and others all came to Tiansheng Capital in person today because Lu Ming sent a letter to major LPs a week ago. The content in a high-level summary is:
[I, Lu Ming, make money quickly]
Lin Qiang and the others had been waiting for Lu Ming's words for three full months, and finally waited until he took the initiative to say that he was short of money. This time, Lu Ming also made an additional request to the existing LPs in the letter, thinking that
I need to borrow the connections of my old friends.
That is, they hope that they can attract more investors to hand over their money to Tiansheng Capital for management. In return, during this round of private placement, Tiansheng Capital can hedge as much money as the introducer brings in, without any subscription fee and this round.
Management fees for the next three years on the funds raised.
For example, Chaoyun Trust plans to subscribe for RMB 5 billion this time. Under normal circumstances, it will pay an additional subscription fee of RMB 5 billion. But at the same time, if Lin Qiang introduces another LP to subscribe for RMB 5 billion, then Chaoyun Trust will directly offset the subscription fee by RMB 5 billion.
The subscription fee will be waived, and the management fee for these 5 billion funds will also be waived in the next three years.
Of course, introduced LPs do not receive this treatment, and management fees and subscription fees must still be charged.
Although Chaoyun Trust was exempted from subscription fees and three-year management fees, more funds were introduced at the same time, and new funds were charged as usual, making profits both in the short and long term.
In the long run, the profit will be greater, because the original 5 billion capital has now become 10 billion, which has doubled in absolute terms.
Lin Qiang is also happy to serve as an intermediary. By attracting more people, he can not only share the risk, but also earn an "agency fee". When the time comes, his friends will be grateful if he makes money. Why not do more with one fell swoop?
As for the potential risk of overturning, who are you kidding me? If Lu Ming was really at risk of overturning, he would have to bring his friends over, and he would have to trick him.
Just like that, the new faces in the conference hall came. They got on the bus, and they became familiar with each other again. By repeating this, Lu Ming built up his network resources in the investment circle from scratch.
In the conference hall, the participants present all looked at Lu Ming on the conference podium. Today's meeting between investors and investors is private.
Of course it's not a secret, and Lu Ming never thought of keeping it a secret, but it is foreseeable that even if the content of today's meeting is spread, it will only be spread in a small circle.
Circles really have hierarchies, and people who are not in the same circle may not know some things throughout their lives.
"...I won't say any polite words, let's get straight to the point. The target amount of funds I want to raise this time is more than 230 billion, so it is still necessary to talk about what to use so much money for. This point still needs to be discussed with the LPs present.
Let’s talk about it.” Lu Ming said this, and Lin Qiang and others present were shocked when they heard the figure of 230 billion.
This is 230 billion, not 23 million, but a bottom line!
The appetite is getting bigger and bigger.
Everyone is very curious about what Lu Ming wants to do with so much money. The new faces are not sure, but Lin Qiang and other customers who have already cooperated will definitely spend money, because it is too good to stand up. Anyway, now there are several times the profit, even if Lu Ming
It is perfectly acceptable for Ming to occasionally invest in overturning a few times.
"I want to make some suggestions. I found that many people in the mainland are bearish on the capital market and the economic prospects of the mainland." Lu Ming said calmly and confidently with a wireless microphone: "In May, especially in the middle and late period, the capital market continued to slump at 2800
Going around and around the point, many domestic investors are very pessimistic, but foreign investors are buying and buying. Just last week, not to mention other companies, only Tiansheng Holdings’ net buying last week exceeded
500 million. Since Tiansheng’s backdoor listing, Beijing’s capital has net purchased more than 3.7 billion yuan for six consecutive weeks.”
The closing price of Tiansheng Holdings last Friday was 6122.96 yuan per share, with a total market value of 489.837 billion yuan. The company hit the highest and lowest prices on the first day of its resumption of trading. The highest price was 7690.88 yuan, with a total market value of 615.27 billion yuan. Now it looks like the highest price
The price seems to be unattainable, with the lowest price hitting 4,398.56 yuan and a total market value of 351.884 billion yuan. It is basically impossible to hit a new low.
As of last week's close, Tiansheng Holdings' stock price has dropped -20.38% from its highest point on the first day. Although there was a very violent washout in the first week of resumption of trading, there are still many hold-ups above, and institutions have not moved away.
I don't want to relieve them, I want to endure it until they can't bear the cutting.
Since the first day of listing, it has skyrocketed and plummeted. On the second day, the sky was flat, and on the third day after the daily limit, it began to fluctuate sideways around 6,000 yuan. This has been going on for more than a month, and the amplitude is only within three to five percentage points. The funds trapped
I don't dare to do T. The amplitude is too small and the stock price is too expensive. One hand is more than 600,000. People who are trapped really don't dare to operate easily.
"Obviously, foreign investment is the suspect that he is upright, while shouting to be short in China, and buying and buying on the other hand." Lu Ming continued at the meeting: "Domestic singing is not optimistic.
Self-denial, weak mentality, short-sightedness and stupidity. To put it bluntly, these people have a fundamental inferiority complex and feel that China is inferior to the West and inferior to the United States."
Several attendees felt offended by Lu Ming because they were also members of the short side, but as long as they didn't show it, they wouldn't be embarrassed. Sitting here, everyone is bullish.
Lu Ming looked around the crowd and said: "As for the future of the domestic capital market, or to put it more bluntly, the future of this country, I don't care what others think. My own point of view is that I will not be bearish in the next thirty-five years.
"
“Many people in the industry complain that I am a loser who repeatedly jumps sideways, sometimes short and sometimes bullish, jumping sideways repeatedly, just to make a small profit as a T. But this does not mean that our core logic will change.
Therefore, if you are not unanimously bullish with me for more than 30 years, it means that we are fundamentally two people, then I would rather not accept a penny today."
…
(Ps: Adding an update to thank the leader of "Safe Food and Oil" [1/5]... There should be another chapter out today, but another chapter has been melted down. In addition, the number of words in each chapter is 2k words, which is the minimum website.
Above, sometimes the number of words will be more, but it will definitely not be lower than this standard line. There is no saying that it is to cut corners. After all, I am charged according to the number of words. If I cut corners, I will make less. There is no reason to do stupid things.)
