Chapter 299 [The yamen's knife may be late but will never be absent (78/93)]
Tiansheng Capital Headquarters.
It is now an hour and a half after the market closed. Today, the market closed at 3558 points, a slight increase of +0.28%. The Shanghai Stock Index fell back after rising in the afternoon. There are many factors for the fall, but one of them is definitely Tiansheng Convertible Bonds.
A lot of funds sold stocks in the last half hour or so and went to buy Tiansheng convertible bonds, and today they also released an epic amount of huge amounts.
Lu Ming, who was in his president's office, was staring at his work computer screen, which showed the closing data of Tiansheng Holdings and its convertible bonds.
Tiansheng Holdings hit its highest intraday price limit of 25,601.62 yuan today, but did not close the market. It closed at 25,124.3 yuan, an increase of +7.95%, with a turnover of 18 billion yuan and a total market value of 2 trillion yuan, becoming the second largest company in the domestic capital market with a market capitalization
A listed company with a capital of RMB 20,000.
Today’s after-hours data for Tiansheng Convertible Bonds:
Closing price:1448.061
Increase or decrease: +31.46%
Turnover: 54 billion
Positive stock price: 25124.3
Conversion price: 12350
Conversion value: 203.435
Premium rate: +611.8%
The price of Tiansheng convertible bonds today once exceeded the integer price of 1,500 yuan. All the data after the closing can only be described as crazy, whether it is the terrifying turnover rate of 6,759% or the conversion premium rate of over six times.
Convertible bonds are unique in the two markets. What's even worse is that the price surged more than 14 times in ten days, which is so magical that even Wall Street exclaimed when they saw it.
Nowadays, the reputation of "Tiansheng Divine Debt" has spread far and wide, and it has reached the point where everyone in Big A knows about it.
But at the close of trading today, Tiansheng Convertible Bonds attracted a lot of abuse from the market. The reason is that the craziness of Tiansheng Convertible Bonds during this period has almost drained the liquidity of the convertible bonds in the two cities, and even disappeared from the market.
Part of the funds in the stock market have been withdrawn, and the trading volume of the two markets has shrunk today. Tiansheng Convertible Bonds has a share of the "credit" in it.
Around 17:00, an important piece of media news made many people who held Tiansheng Convertible Bonds overnight feel faintly uneasy, because the authoritative mainstream media began to criticize Tiansheng Convertible Bonds for uncontrolled speculation and pure hype.
Lu Ming is also reading this article from the mainstream media criticizing Tiansheng convertible bonds. After reading this article, Tiansheng Capital will have reason to close the small black room.
"Please come in!"
Hearing the knock on the door, Lu Ming looked around and Su Xiaoman walked in.
"You really expected it. The supervision has just come down. The company has just received a letter of inquiry from the exchange, and has included key monitoring of Tiansheng convertible bond transactions. It will affect the normal trading order of the market and mislead investors in their trading decisions."
Implement self-discipline supervision in a timely manner for abnormal trading behaviors.”
Lu Ming smiled calmly when he heard this and said: "Today's turnover of convertible bonds in the two cities, Tiansheng Convertible Bonds alone accounted for more than 90%. If we don't care, the liquidity of other convertible bonds in the two cities will completely dry up at any time.
It’s possible to trigger forced redemption without spending too much money, and if this continues, the convertible bond market will be in chaos.”
Su Xiaoman asked: "Applying for trading suspension, how long do you plan to suspend it?"
Lu Ming thought for a moment and then made a decision, and immediately said: "The main stocks will be closed for a week. Trading will resume on February 5 next Monday, and convertible bonds will resume trading on February 7. However, the specific resumption date will not be disclosed for the time being. This date is flexible.
chemical treatment.”
Su Xiaoman nodded: "Then I'll deal with it right now."
This time, not only the convertible bonds will be locked up in a small dark room, but also the underlying stocks. They will be locked up together for a week and then released one after another. Lu Ming can almost foresee that the convertible bonds and the underlying stocks will be released next Monday. Big A
It will set off huge waves, and the bloody storm in the capital market has just begun.
The next two days of weekends and weekends will have a lot of fun happening.
…
After the market closed, Tiansheng Convertible Bonds received an inquiry letter from the China Securities Regulatory Commission. Everyone overnight was stunned, and the style of the comment area suddenly turned negative.
Before the village chief asked questions, he shouted that if he saw 2,000 yuan next Monday, the sky would be the end, and the divine debt should not be underground, but high in the sky.
The current discussion is like this...↓
"The Yamen sword may be late, but it will never be absent. How are your friends inside?"
"It's a bit cold to stand guard at an altitude of 1,500 meters!"
"Feeling gone!"
"Be confident and get rid of the feeling."
"Are you paying back your debt to God? God is no longer God?"
"I'm afraid this is not going to turn into a huge spiritual debt. I'll pay it back in the next life... [manual funny]"
"You deserve it! It's really too much to ask you to speculate. The entire convertible bond market is about to collapse due to you gambling monsters!"
"Take the last shot, admit defeat, and be eliminated next Monday."
…
Many people who held debt through the weekend cursed themselves and admitted that they were unlucky and decided to sell out the next Monday. However, these people have not yet realized the seriousness of the problem.
Want to run away next Monday?
Too young!
At 8:30 in the evening, bad news that was more exciting than the village chief’s inquiry letter came...
…
At the same time, Jia Changliang, who had just finished taking a shower, was sitting in front of the computer without saying a word. He was looking at the latest announcement of Tiansheng Convertible Bonds. As he continued to read the announcement, he felt a chill coming straight from his feet to his head.
Tianling cover.
"Announcement on Trading Suspension Verification of Tiansheng Capital Group Co., Ltd.'s Stocks and Convertible Corporate Bonds"
[The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and there are no false records, misleading statements or major omissions]
[Ningzhou Tiansheng Capital Group Co., Ltd. (hereinafter referred to as the "Company") convertible corporate bonds (hereinafter referred to as the "Convertible Bonds") have experienced significant fluctuations in recent trading prices. In order to protect the interests of investors, upon the company's application, the company
Trading of stocks (securities abbreviation: Tiansheng Holdings, securities code: 603230) and convertible bonds (bond abbreviation: Tiansheng Convertible Bonds, bond code: 113035) will be suspended from the opening of the market on January 29, 2018.
The company will conduct necessary verification on matters related to recent secondary market transactions, and will resume trading after the company completes the relevant verification work and discloses the verification results. The company's board of directors solemnly reminds investors that the company's designated information disclosure media is "Securities Times".
All information is subject to the information published by the above designated media.
Investors are kindly requested to invest rationally and pay attention to investment risks.
Announcement hereby.
Board of Directors of Tiansheng Capital Group Co., Ltd.
January 26, 2018]
…
After Jia Changliang read the latest announcement issued by Tiansheng Capital, his expression did not change, but his inner activities were turbulent: It's over, it's over, it's over, it's over. The resumption date has not been mentioned. How long will it take to be released?
?
"Why are you in such a hurry to die? Why! Now it's better, I might lose hundreds of thousands!" Jia Changliang held his head with both hands and regretted it fiercely. He smashed the mouse angrily, thinking of the rush of those few minutes at the end of the day.
I couldn't bear to send it away as if I wanted to slap myself in the face.
At this time, he suddenly recalled a few minutes at the end of the day. First, there was a sudden power outage, and then he searched for his mobile phone for a long time. It seemed that God was pulling him not to deliver it, not to deliver it... but God couldn't hold him back.
I sent it anyway.
Thinking of this, Jia Changliang felt that he deserved it. Even after making four million, he still refused to stop. Even the sky could not stop him.
It'll be fine now. If you don't stop, God will do it.
"Forget it, let's admit it now that the situation has come to an end. I'll lose two to three hundred thousand at most. Let's cut the meat out then." Jia Changliang sighed longly, shook his head to himself, and closed the computer page.
A Liang hadn't realized the seriousness of the problem yet, thinking that he would lose up to two or three hundred thousand at most. He didn't know that tomorrow and the following two weekends would be included in the next week, and Big A would give away a series of "super surprise gift packages"
