What I have to say is that the attribute of "if you manage it, you will die, if you let it go, it will be chaos" seems to have been strengthened in Big A, and the difficulty of management in Big A is not generally high.
No matter if you give it a try, I can do it for you to more than 10,000 points in half a year. If you tighten it too tightly, you will die, and it will drop to more than 1,000 points without any ambiguity.
It is obviously not possible to rise too sharply, and it will be risky.
If the capital market is stagnant and no one comes to play, the IPO will not be able to advance and will not be able to raise funds.
I'm really afraid that you won't come, but I'm also afraid that you will act randomly. It's not easy.
The capital market is an important trump card in promoting the development of the real economy and promoting consumption to inject vitality into the economy. 20 companies went public and raised funds. In the end, only one company survived, which was also a huge success. As for the 19 companies that died,
Enterprises and investors who bought their stocks can only say that investment is risky. What else can they do?
In addition to financing enterprises, another important means of the capital market is to stimulate consumption. The capital market is a place where wealth is redistributed. Regardless of those who lose money, those who make money must consume, often in retaliatory consumption.
Then there is the reduction of holdings of listed companies, big and small. Those bosses and executives have listed the company, and once the sales restriction period is over, they sell off the stocks that were originally worth less than toilet paper.
After withdrawing a large amount of cash, you have to spend it!
Ordinary shareholders are reluctant to spend money on consumption and hope to use their small capital to earn more profits. Who will make up for this lost consumption? It can only be the senior management of listed companies who are not reducing their holdings.
After cashing out, it’s called a willingness to buy luxury cars, luxury homes, luxury goods, travel and vacations, and all kinds of delicacies.
Wouldn’t this missing part of consumption be made up?
When consumption increases, the economy becomes alive. Originally, 100 yuan was dead money wherever it was placed, but after it circulates through the capital market, the dead money immediately becomes alive.
This 100 yuan was cashed out from the stock market and contributed 100 yuan to the purchase of a luxury car. This 100 yuan flowed into the automobile company, then into the spare parts of the automobile industry chain, and then into the performance commission of another supervisor's year-end bonus.
The supervisor went to an irregular massage parlor for a massage. Regardless of whether it was a regular massage parlor or not, the 100 yuan ended up in the hands of a massage girl.
This young lady made money and went to the mall to buy a cosmetic. The 100 yuan contributed a small amount to the asset price appreciation of the cosmetics store and the rental fee of the mall...
It just keeps flowing.
It can be seen that originally this 100 yuan was dead money in the hands of an ordinary investor, but it came to life through the capital market, and provided 100 yuan of liquidity in various industries through consumption.
What if it’s 10 billion? What if it’s 100 billion? That’s incredible!
As for the investor who first provided the 100 yuan, he was trapped in Big A and stood guard. He could either wait for the next taker to relieve him, or he would lose money and be out of the game, and the floating loss would become a real loss.
But there is no doubt that this ordinary investor has provided 100 yuan of liquidity for the development of the capital market and the real economy. Such an operation that harms oneself and benefits others can be considered a good thing.
So originally the investment was short-term, but it ended up being mid-term, and later it became long-term, and maybe it ended up being a direct contribution.
…
Two days later, Wednesday, February 22nd.
Tiansheng Holdings hit a new high today. The stock price reached a maximum of 9,472.34 yuan per share. The total market value reached 757.7 billion yuan, ranking 7th in the Big A. The market value of the first six companies is in the trillions.
A share price of nearly 10,000 yuan is basically unaffordable to ordinary retail investors. Only institutional and large funds, at least middle-class families, can afford to buy it, and they have to think carefully.
But this does not prevent Tiansheng Holdings from gaining popularity and attention in the comment areas of major market software. Discussions of this stock among investors have always maintained high popularity.
"Tiansheng's stock price has reached a new high again, and our dear Big A is still having fun in the 3,000-point range... Sigh!"
"The rising trend of this ticket is really scary and steady. It goes up step by step. It's a pity that the price is disappointing!"
"Tiansheng Holdings is probably the easiest stock for Big A to make money, but it has nothing to do with retail investors. It's very embarrassing!"
"My damn account only has a total of 150,000, and I can't afford to buy two shares... [laughing and crying]"
"Suddenly I discovered that although Tiansheng Holdings has never had a daily limit since its listing, except for two daily limit boards in the first three days, it has slowly risen all the way, with a cumulative increase of 215.74%, which is more than double in less than a year."
"The first 10,000-yuan bull stock in the history of Big A is about to be born. Witness the moment of miracle! Although it has nothing to do with me!"
"A hot stock? I'm afraid this isn't a hot stock!"
"Please Brother Yi, please split the shares and let me wait for the retail investors to drink some soup. I want value investment!"
"Haha, believe me, as long as Tiansheng really announces a stock split, this unilateral upward trend will soon reverse into a unilateral downward trend. It is precisely because there are no retail investors that it has risen so well."
"It's so heartbreaking and so true. We must admit that votes with few retail investors tend to rise well."
"Based on the current stock price of Tiansheng, the price-to-earnings ratio has exceeded 50 times PE. Why should it support such a high price-to-earnings ratio? The PE of more than 20 times for Zhongxin Securities, the old leader in the brokerage sector, is considered high. If Tiansheng's bubble bursts,
, the brokerage sector will explode, and then Big A will definitely explode with it!"
"In any case, retail investors can't afford it. An account worth tens of thousands of dollars is worrying about an account worth hundreds of millions. It's so boring."
"The problem is, I bought a securities ETF! If Tiansheng collapses, will the entire brokerage sector still be there? It will be gone, and then I will be gone too... [laughing and crying]"
"Securities ETFs are too weak, being dragged down by other brokerage stocks, and all the gains of Tiansheng Holdings are hedged, making Mader feel lonely."
"Calm down, everyone, the brokerage sector has been sideways for so long and is probably about to change, but I feel it is going down. On April 24, Tiansheng Holdings lifted the ban on 18 million shares. Basically, the shares that were lifted were shares allotted by private placement institutions.
Accounting for 22.5% of the total share capital, if the circulating market suddenly expands so much, then the selling pressure..."
"Don't panic, there are still two or two months until the ban is lifted, you can still play for a while, don't scare yourself!"
…
Tiansheng Capital Headquarters, CEO Office.
Lu Ming is browsing the 2016 consolidated financial audit report of Tiansheng Capital submitted by An Yirou.
As of December 31, 2016, Tiansheng Capital achieved operating income of 30.886 billion yuan, a year-on-year increase of 42.99%; total profit was 27.158 billion yuan, a year-on-year increase of 41.94%; net profit was 21.929 billion yuan, a year-on-year increase of 46.99%, excluding non-net profit of 20.232
billion, a year-on-year increase of 41.37%, EPS was 274.11 yuan, total assets at the end of the period were 426.033 billion yuan, and net assets were 418.528 billion yuan.
The total assets managed by Tiansheng Capital are 1,428.969 billion yuan, of which the company's own assets are 426.033 billion yuan, private equity management assets are 865.436 billion yuan, and public fund management assets are 137.5 billion yuan.
The biggest real profit maker in the past year is undoubtedly overseas income. The current total overseas assets are US$118.9 billion, which is about 816.8 billion yuan excluding exchange rate changes, accounting for about 57% of the total assets.
The two foreign exchange wars last year can be said to have made a lot of money. You must know that overseas assets are now real profits, and the US$5 billion of principal overseas has long been returned to China.
The overseas income in 2016 was crazy due to two foreign exchange wars, and this year's overseas income has high hopes for Lu Ming due to the super market of Bitcoin. Last year, it took almost a year to lurk 5.5 billion US dollars into it, and the cost was
The average price is $762 each.
Not surprisingly, in December 2017, the price of Bitcoin will skyrocket to US$20,000 apiece in this super market, which means that there will be more than 25 times profit expectations, and the market value of US$5.5 billion will soar to more than 140 billion.
Dollar.
Lu Ming has become the largest banker behind Bitcoin. It is impossible and unrealistic to sell all of them, but no matter what, even if he can sell a quarter, it will be more than 35 billion US dollars, and he will still make a lot of money.
The bowl is full.
The cost price of no more than 800 US dollars is really the floor price among floor prices.
…
(Ps: It’s a new week, please recommend votes. The nine livers of the author’s bacteria are fried and urgently need to be replaced. I need monthly tickets to recommend various tickets to buy livers. Please help the author’s bacteria)
