Chapter 297 [Promoted to God Debt! The sky is the end! 】
After Tiansheng Convertible Bonds resumed trading, they plunged seven or eight percentage points in just a few seconds. This shocked Jia Changliang. Tens of thousands were gone in an instant. He had never seen such a battle before. He saw the profits shrink.
Since I lost tens of thousands, I planned to sell it.
But just when he was about to close his position and sell it, Tiansheng Convertible Bonds rebounded quickly, and it rose in a straight line.
Jia Changliang was stunned, and everyone was dumbfounded. Where had he seen such a battle in Big A?
I was so stunned that I forgot to operate, and soon it skyrocketed by more than 30% to a new high.
Jia Changliang, who reacted at this time, chose not to move because the rise was so brutal. He lost tens of thousands in an instant before, but now he has gained tens of thousands in an instant.
The handicap transaction details list is generating a large amount of latest transaction information like crazy and is being refreshed like crazy.
At the same time, the time-sharing line rushed in a straight line: +37%, +41%, +46%, +52%, 58%...it did not stop until the closing price was fixed at +69.01% at 15 o'clock.
After the market close, the after-hours data of Tiansheng Convertible Bonds:
Closing price:1101.522
Increase or decrease: +69.01%
Turnover: 43.6 billion
Positive stock price: 23274.24
Conversion price: 12350
Conversion value:188.455
Premium rate: +484.50%
Tiansheng Convertible Bonds closed with a series of new high data today, setting the largest increase and amplitude of the day. In addition, the transaction volume of the day reached a new high, the conversion premium rate reached a new high, and the price of convertible bonds reached a new high, directly reaching the integer mark of one thousand yuan.
.
In this way, Big A gave birth to the first thousand-yuan bond in history. It can basically be confirmed that the current Tiansheng convertible bonds have entered the complete stupidity stage, and it has even entered this stage three days ago.
Jia Changliang's mind is completely blank now. How can there be such a crazy rise? Although the more violent the rise, the more profits he will make, which is a good thing.
But Liangzai also feels that this increase is not a little excessive, but quite excessive!
At this moment, Jia Changliang looked at his account information in a daze, feeling that everything was like a dream, too unreal.
Just twenty minutes ago, the market value of his account was 1.3885 million, but now it is 1.7965 million, an increase of more than 400,000 in twenty minutes.
This really got to the point where he doubted his life. It was too exaggerated.
Not only Jia Changliang is doubting life, but also investors from all walks of life are doubting life. Almost every major forum and stock exchange group are discussing Tiansheng convertible bonds.
"Ten times in nine days, it's so crazy that I want to curse!"
"The first thousand-yuan bond appeared in Big A, and the second-highest Taiyang convertible bond closed at only 137.45 yuan today."
"The price investors were furious after seeing this...[face covering]"
"One thing to say, this kind of sudden increase, which averages 1.1 times a day, really hits me as a value investor."
"Yes, I have taken more than ten points of blue chip stocks in two months, but it is not as good as the half-minute fluctuation of this demon debt. I am very angry when I see it!"
"Is it so high that the village chief doesn't even care? Is it because the underlying stock is Tiansheng Holdings?"
"Tiansheng Holdings has gone too far. Can you believe that it has doubled from the bottom of 11156? Can you believe that the market value base of more than 800 billion has doubled like a monster stock?"
"It is said that Cai Lian Securities, which has almost doubled and even out of the 8th consecutive market, is the overall leader in the brokerage sector, but in fact Tiansheng Holdings is the overall leader in the entire Big A market. The leader is not dead and the market is still there. It is okay.
Keep up the fun!"
"I think the term 'demon debt' is no longer enough to describe Tiansheng Convertible Bonds. It should be called Tiansheng Divine Bonds!"
"Nothing wrong, from now on it will be called Tiansheng Shendu!"
"I bought 30 divine bonds at the end of the trading day, which cost more than 30,000 yuan. With such a strong late trading day, I will give it a boost tomorrow but not too much. I will bid and run tomorrow."
"Warrior Niubi, what I want to say is to be careful of the risk of forced redemption!"
"Isn't it possible? It has only been on the market for nine days, how can it be forcibly redeemed?"
"Oh my god, don't you even read the forced redemption rules for convertible bonds? Simply put, if the positive stock price of a listed company's convertible bonds is higher than 130% of the conversion price for 15 to 20 consecutive days, forced redemption will be triggered. The underlying stock is now
I’m also climbing all the way up, so take your time.”
"In other words, as long as the current share price of Tiansheng Holdings rises to 28,405 yuan, it will trigger a forced redemption, and it will rise another +22.04%. In other words, it will be closed tomorrow Friday, and will continue to be closed next Monday, until the closing price on Tuesday
Small increase and closing...you know."
"Tian Sheng Holdings is on a strong rise, and it may really trigger the forced redemption mechanism directly."
"Don't panic, you can still go crazy for a while. It will take another 15 days. As long as the village chief doesn't close the dark room, you can continue to have fun."
"I seemed to see the tragic scene of chicken feathers all over the place behind."
"Village chief, please come out and take charge. The one-day transaction volume of this bond is already half that of the GEM. The GEM's total transaction volume today is more than 80 billion. If you don't care, you will run to deal with this bond."
Already."
…
That night, the village chief still did not come out to speak.
However, Tiansheng Capital once again issued a risk warning announcement. Investors: Got it, continue to speculate tomorrow!
The speculators didn't care about Brother Yi, and the village chief didn't say anything. You Brother jumped out and beeped with a hammer.
Just fuck, just fuck hard!
I don’t know who started it, but the name of this convertible bond was changed from the official name of “Tian Sheng Convertible Bond” to “Tian Sheng Demon Bond” and today it was directly promoted to “Tian Sheng Divine Bond”.
Everyone began to change their words and call it God's debt. Since he is a god, of course he is lying on nine clouds and soaring ninety thousand miles.
…
The next day, Tiansheng Capital Headquarters.
Around 9:50 in the morning.
In the president's office, Su Xiaoman finished talking about work and then brought up the company's convertible bonds.
"In the market in recent days, the most eye-catching thing is the pure speculation of Tiansheng convertible bonds. It seems that the risk warning announcement has no effect at all. Why not do something else?"
Today is the last trading day of the week, and it has been 20 minutes since the market opened. Tiansheng Convertible Bonds continued to open +10% higher today, reaching the opening second board, triggering the intraday suspension mechanism again, and trading will resume in ten minutes.
The underlying stock opened higher today and was closed at the daily limit at 9:47. However, it only closed for a few minutes before opening and exploding. Now it is also oscillating near the daily limit. Compared with yesterday's shrinking of the daily limit, today's volume is increasing.
Lu Ming asked rhetorically: "What else can we do besides risk warning announcements? The management has their own reasons for not receiving a letter of inquiry. Let's not make random decisions on our own and let the bullets fly for a while."
Su Xiaoman sighed quietly: "I don't know how many people lost their money overnight when it finally collapsed."
Lu Ming said calmly: "The current hype of Tiansheng convertible bonds is almost similar to the previous warrants. The most important thing to consider for this kind of pure speculation is liquidity. The liquidity was relatively poor at the beginning. Now all the monsters and monsters are gathering in it to interact with each other.
The situation of hacking and slashing, no matter which source of funds, large or small hot money or large or small retail investors, is not worthy of sympathy."
At this moment, the price of Tiansheng convertible bonds has reached 1,321 yuan, an increase of 12 times in ten days. Anyone who participates at this position, even a pig, knows that he is gambling and thinks that there will be more.
If a fool comes to take over, he will be buried alive at his own peril.
An increase of sixty or seventy points in one day is indeed enviable, but it is all illusory and not everyone can participate. Those who dare to participate now must be mentally prepared to bear losses of tens of percent.
It was almost 10 o'clock, and Lu Ming immediately stood up from the sofa in the rest area to his desk, opened the market software on his work computer, and entered the market price of Tiansheng Convertible Bonds.
Su Xiaoman also slowly followed over and stood aside to watch.
At this moment, there was less than a minute left before the resumption of trading. Lu Ming stared at the time-sharing chart and said: "No surprise, we will probably receive a letter of inquiry and monitor the abnormal rise and fall of convertible bonds at the close of today.
No matter what..."
As he spoke, Tiansheng Convertible Bonds opened again. Lu Ming stopped talking and looked at the market. The intraday time-sharing line surged straight up at the moment the resumption of trading opened. It took less than five seconds for the increase to reach
At the position of +29.58%, a second temporary stop can be triggered at any time when it goes up.
But as soon as I hit this point, I immediately dived, and soon it was all the way to +17%. After half a minute, I shot up five or six points, then fell down again, and shot up again...
It just keeps fluctuating violently up and down. Since it is a T+0 transaction, you can sell it on the same day if you buy it, which causes everyone's trading frequency to be exaggerated. Some retail investors with fast hands can even do it several times in a minute.
Buying and selling are two-way transactions, and the entire time-sharing line is densely packed with buying and selling transaction points.
Anyway, brokerages love it.
The violently oscillating lines up and down on the time-sharing chart are a concrete manifestation of the chaos of demons.
Retail investors, big and small, and hot money are all frantically hacking each other, and every profit earned by each person is the flesh of another person. This is the scene of large-scale mutual killing.
The huge amount of transactions is a reflection of everyone’s red eyes.
Lu Ming said what he had not finished before and sighed: "...If we don't care anymore, if this continues, there may be a tragedy of jumping off the building."
Su Xiaoman asked: "What should we do if the inquiry letter comes out?"
Lu Ming said without thinking: "Both of them applied for a trading suspension, and all convertible bonds and stocks will be locked up in a dark room for a few days."
There will definitely be regulation at today's closing. Lu Ming is very confident about this. Tiansheng's convertible bonds are going crazy like this, which has vaguely affected the liquidity of the stock trading market. The reason is that more and more people
I sold my stocks to get this convertible bond.
Because the benefits are so exciting!
There are more and more stupid people, and if supervision is still delayed, big trouble will probably happen.