Chapter 171 [Holidays with all kinds of news flying (24/73)]
Time has arrived in October. With the National Day holiday and double weekends, Big A will be closed for 9 days, which is simply a torture for many investors.
Before I started trading in the stock market, I always longed for holidays. But since I started trading in the stock market, I no longer like holidays.
What I have to say is that compared with the international capital market, the trading days of Big A are indeed much fewer. In a sense, the trading opportunities of Big A are very precious, more precious than any market.
In addition, Big A likes to follow the rhythm of the external market. During the break, the external market surged. As soon as Big A opened, the external market fell immediately. Then Big A decisively followed the decline. Behind this, it is impossible to say that foreign investors did not indirectly short Big A at all.
of.
Last Friday, the Shanghai Stock Index cautiously reached 3,000 points again, but it did not rise significantly, and it was still shrinking, and there was no large-scale entry of funds.
The reason is also very simple. More investors choose to wait and see before the holidays, and do not enter the market immediately, fearing that something will happen during the holidays.
After all, the next trading day will not open until October 10th. In such a long time, there will be a lot of variables.
Of course, there are also some investors who directly enter the market to bet on the post-holiday surge, but these are only a minority.
…
October 5th.
Today is still holiday time, and there are two important financing news in the primary market. One is that Pinduoduo announced the completion of Series B financing, led by Tiansheng Capital, followed by Xintianyu and Penguin. The scale of this round of financing
to US$250 million.
At the same time, Pinduoduo announced that the company's user base has reached 130 million, monthly GMV exceeds 1.5 billion, and daily orders exceed 1.2 million.
Its growth rate is so fast that Ali and Jingdong are a little overwhelmed, and the capital market is also a bit confused, as if what the hell is this thing that can actually surpass Ali and Jingdong under their noses?
100 million users?
Any Internet company with more than 100 million users cannot be underestimated, let alone the e-commerce field.
What’s even more shocking is that Pinduoduo was established only about a year ago.
This also makes Tiansheng Capital have to be mentioned in the industry. Last year, Lu Ming personally went to Shanghai to have a long talk with its founder and quickly invested hundreds of millions in venture capital. Looking back now, Tiansheng Capital’s investment is embarrassing.
The rhythm of making money by weighing blood.
At the same time, Mihayou, which Lu Ming invested in, was also scooped up and reported by industry media. The development momentum of this game company is also very good. With the excellent performance of the "Honkai Impact" series of mobile games, its sales from January to September this year
Revenue reached 319 million yuan, and operating profit reached 189 million yuan.
According to online rumors, Penguin contacted Mihayou management many times and initiated an acquisition invitation. After being rejected, it made a request for strategic investment. After being rejected again, it made a request for a 5% stake and not to interfere with its operations. However, it was still rejected, and it continued to suffer losses.
The door was closed.
Mihayou is basically not short of money now. The money invested by Tiansheng Capital has not been used up yet. The revenue-absorbing ability of the "Honkai Impact" series continues to soar, and the company's cash flow is increasing.
The main reason for introducing Tiansheng Capital was that the company could help Mihayou go public.
As the company's earning power increased, Mihayou's cash flow continued to accumulate in the following years, and it was hard to figure out how to deal with it. Capital operation was not its strong point. In the end, it entrusted 6 to 7 billion to
Tiansheng Capital does asset management.
The investment community found that Lu Ming's investment vision was indeed a bit sinister. At that time in 2015, the industry unanimously believed that the story of e-commerce had been told. Alibaba and Jingdong formed the Matthew Effect in the e-commerce field. There would be no
There are new players emerging.
But Lu Ming dared to spend hundreds of millions of funds to invest in Pinduoduo under this situation. It can be said that he made a big bet, and Pinduoduo's performance exceeded everyone's expectations. Its lightning rise was unprecedented.
Alibaba and Jingdong fought a bloody battle, and the number of users quickly exceeded 100 million and maintained high growth.
The industry suddenly discovered that Lu Ming not only demonstrated strong investment levels in the secondary market, but also performed equally well in the primary market, or even exceeded it.
…
Another piece of primary market financing news has attracted more attention from the market and even caused quite a stir. Boss Jia announced today that Lux Super Cars has completed the first round of financing of US$1.1 billion, a new figure.
The financing record of the global automobile industry.
$1.1 billion, what does this number mean?
In the venture capital world, when a company's valuation exceeds US$1 billion, it joins the "unicorn" club. Currently, there are only 200 companies in the world that can reach this level.
But what is really sensational is that Tiansheng Capital is absent and is not on the list of Lux Automobile’s Series A financing. Not only did it not lead the investment, it did not even follow the investment. It was completely gone!
This is something that the outside world never expected.
Sure enough, the news spread online was confirmed in the end.
It should be known that some time ago, Ge Feng led a delegation to investigate and had a long talk with Boss Jia. There was also a rumor on the Internet that Tiansheng Capital questioned Leshi’s capital chain issues. Later, Boss Jia came out to refute the rumors, and the matter was settled.
But I didn't expect that Tiansheng Capital would actually stop investing, which caused quite a stir in the market. Lu Ming's investment level in the primary market was already obvious to all, and his sudden absence did cause a great response.
The market couldn't help but raise a huge question: Why did Lu Ming suddenly withdraw from investing in Lux? At the same time, why could Lux still receive US$1.1 billion in Series A financing? This fund can be said to have exceeded the Series A financing plan.
, is expected to raise US$500 million to US$1 billion.
Tiansheng Capital did not come out to explain anything and chose to remain silent.
Although it didn't cause too much trouble, Tiansheng Capital was in full swing with Lux in the early stage. Lu Ming ran away at the critical moment. This actually made some people re-examine Lux. After all, Lu Ming's ability to make precise bets made the industry
Look sideways.
He suddenly ran away. In all likelihood, there was other information that was not known to outsiders.
The absence of Tiansheng Capital from Lux Automobile's A-round financing is some negative news for Lux. As the saying goes, there must be evil when things go wrong. But at the same time, Boss Jia's completion of the A-round financing beyond expectations has made the market
Dismissed the discussion in this regard.
All I can say is that Boss Jia has something!
…
October 7th.
Time passes day by day, and news emerges from time to time during the holidays. A piece of news broke today that caused the domestic capital market to explode.
Various financial media have reported: According to sources, Tiansheng Capital has been aggressively buying up the "Tiansheng 150" investment portfolio in the secondary market since last month, intending to set off a second wave of bidding. The news also said that Tiansheng Capital this time
It is planned to exceed 130 billion yuan in the crazy "Tiansheng 150" investment portfolio.
When investors from all walks of life saw this news, they called it "good guy". Platforms such as Taoba and Xueqiu were all talking about it, and everyone couldn't sit still.
"There are so many things going on during the holidays, why are there always so many sources spreading news?"
"I think it's possible that it's true. News doesn't leak out for no reason. Tiansheng Capital's previous decision to abandon Lux was not a so-called source. Although the rumors were refuted, it turns out that the news that refuted the rumors was actually confirmed in the end.
…”
"Holy shit, you can't, can you?"
"130 billion? It started in September? Is it true? Wori!"
"That's too bad. Brother Yi stole the chicken again?"
"It's so bearable!"
"Gan! The latest news has broken out again. It is said on the Internet that the 'Tiansheng 150' portfolio will generate more than 2,200 public transactions. Tiansheng Capital has been buying it at a premium of about 8~11%. This news is very disturbing!"
"The last word is true. Look, as the news spreads, it becomes true. It happens every time!"
"Haoshuo, the news is true. Tiansheng Capital directly issued official news, taking the initiative to raise the 76 first-line big blue chips in Tiansheng 150, I'm sorry! This news is too unreasonable. As expected, Brother Yi last month
Stealing the chicken!”
“Big rise next week!”
"It feels so bad to be short-term. I don't dare to hold shares for the holidays. I'm scared!"
