Chapter 309 [Tiansheng holding dragon raised its head? 】
Around 14:27 pm.
In the last half-hour of trading this week, the Shanghai Stock Index continued to plummet throughout the day and continued to reach new lows. The 3,000.-point integer mark was in danger, and it could break through and enter a technical bear market at any time. This key integer mark is about to fall below.
The last time the water level was below 3,000 points was on Friday, September 30, 2016. The index, which had been rising for a year, fell below within a week. This is a cruel reality that many people cannot accept and have to face.
But just when the index was about to break through the important psychological level of 3,000 points, the securities sector changed!
To be precise, the bottom-limit orders of Tiansheng Holdings, the leading brother in the sector, were being eaten like crazy, and at the same time, the trading volume was released. When the smart money in the market saw that Tiansheng Holdings began to increase its volume, they quickly realized that this was extraordinary.
Abnormal movement.
Almost everyone agrees that the leader of this wave of market is Tiansheng Holdings. It was the one that ignited the market when it started, and the market crash started when it was locked up in a dark room.
Therefore, Tiansheng Holdings is being closely watched by various funds in the market. Institutions, retail investors, hot money are all watching, and people who hold or do not hold this stock are also watching.
"The volume has been increased. Tiansheng Holdings has increased the volume. For the first time, the transaction volume on the market has exceeded 5 billion!"
"The transaction is 10 billion!"
"The main force is entering the market to take over, and there are less than 20,000 lots left to close the order."
"Is it open today?"
"What the hell? Now that we've opened the door, we can release more than 37 billion yuan. I'm sorry!"
"The dragon has raised its head! The dragon has raised its head...it's so embarrassing!"
"This is so wonderful to describe when a dragon raises its head!"
…
At 14:35, Tiansheng Holdings opened its fifth one-line limit, and the time-sharing line began to rise. As the overall leader of the market this time, it really looked like a dragon raising its head.
The real-time market analysis news of major market software pops up in a small window:
[The securities sector moved up in the short-term due to abnormal movements, Tiansheng Holdings opened its daily limit, with a turnover of over 40 billion, Cailian Securities closed its daily limit, and Zentrop Securities rose straight up to its daily limit.]
At the same time, the Shanghai Composite Index's decline expanded to -0.92% at this point in time. When the index hit the bottom of 3000.47 and was about to break through the integer mark, it suddenly began to rise.
Tiansheng Holdings’ Crypto Dragon raised its head and released a turnover of over 40 billion yuan, sending a major signal to all the funds in the market. Super main players are entering the market to take over orders.
Such a large amount cannot be the behavior of retail investors, and even if this stock has been hit by the five-digit daily limit, retail investors cannot afford it.
At the same time, it cannot be a general institutional behavior.
Therefore, when the funds that have not yet cut off the meat but are hesitating whether to do so see this situation, of course they should control their hands. The index has begun to bottom out and rise. There is no reason to wait. If the position is broken, it is not too late to run. Anyway, it will
That’s it.
The selling pressure in the market suddenly dropped sharply, coupled with the large-scale entry of OTC funds, which naturally manifested itself as a rebound in late afternoon trading.
At 14:52, after Tiansheng Holdings hit the limit, the decline narrowed to -7.21% and hit the limit again. The turnover has exceeded 45 billion.
The price limit was once again sealed, and Entropy Securities, which was originally out of the ground, also exploded.
The index began to fall under pressure again, but after falling back for three minutes, the index continued to rise and rebound. This was a manifestation of panic after Tiansheng Holdings closed the market again, and the continued rise was a manifestation of panic funds quickly reacting and correcting mistakes.
Because when I think about it, although Tiansheng Holdings once again closed the market and lowered the limit, the number of closed orders on the market did not exceed 200 lots. Basically, some people sold and others took them, indicating that the real selling pressure has basically been released.
The huge amount that has been released cannot be deceived. The huge amount of more than 45 billion can be used by the main force to take over the market with real money. Pressing the limit again is just to scare people and continue to kill panic orders.
In addition, the index fell from 3587 points to 3000 points. The plunge during this period was so severe and urgent that the index did have the need for a technical rebound.
Therefore, Tiansheng Holdings once again closed the market and lowered the limit. The market calmed down again after panicking for three minutes, and the selling pressure only lasted for three minutes before disappearing.
After the market closes, a certain hot money small circle communication group.
"I bought more than 200 lots of Tiansheng Holdings. I think it would be good to play with Yi Ge's wool in the long run."
"Heroes think alike, I made 300 moves."
"Haha, what a coincidence? I also entered a little bit, and I'm going to get a bonus."
"Tian Sheng Holdings is giving away red envelopes when the market opens today."
"Indeed, today is the equity registration day. If you buy this ticket, you can enjoy dividends. After deducting the 20% dividend tax, there is more than enough surplus. Just take advantage of the interest rate and go. It's a red envelope market, haha!"
"Those organizations are really ruthless and murderous. They just entered the market on today's equity registration day."
"Yes, the one who was cut off today must have been the forced liquidation of the locked-up funds in the Saxo Incident. The chips were distributed to them at the high level of 25,000, and then they received these bloody chips at the position of 14,800...tsk, tsk, tsk, tsk."
"After all, they are a group that stands at the top of the stock market food chain. I don't know how much hot money has been wiped out by institutions due to the weight of the market this time."
"Anyway, our brother Qunqian is said to have been wiped out. He has allocated five times the leverage funds and has liquidated his position!"
"It's getting harder and harder for Big A to get along. It's better to take it easy in the future."
…
I have to say that the main funds entering the market today to take over the selling funds of Tiansheng Holdings are really ruthless. Anyone with a discerning eye knows that what they are killing is the forced liquidation funds trapped in the Saxo platform. Today’s trading volume and the liquidated funds
Pretty much the same size.
Taking these bloody chips on the day of equity registration is even more heart-wrenching and a warning to the world about the cruelty of the capital market.
You should know that if you buy stocks on or before the equity registration date, you can enjoy dividends. On the contrary, if you buy stocks before the equity registration date and hold the stocks, but sell the stocks on the equity registration date, you will not be able to enjoy dividends.
Dividends were distributed.
After the market closed, today's Big A fell by -0.58% to 3010.76 points. It once fell by -0.92% during the session. The index hit 3000.47 and broke through in a blink of an eye. But at this time, Tiansheng Holdings' changes actually caused the decline to fall.
The trend has been reversed.
The stock investors were cursing and shouting 666. The main force's ability to control the market was impeccable.
Today, after Tiansheng Holdings stepped out of its fifth daily limit, its stock price dropped to 14835.65 yuan, with a market value of 1,186.852 billion yuan.
Tiansheng Holdings, which once stood at the 2 trillion yuan market value mark, and the market is clamoring to surpass the world's number one company, has plummeted -42.05% in just five days, almost halving.
Who would have thought that a super-weighted white horse stock with an annual dividend of 250 billion would emerge from the flash crash of junk stocks, and those who didn't know it thought it was about to be hit by ST's explosive stock.
White horse stocks have exploded and been ST or even delisted, which is not uncommon in big A.
…
16:00, President's Office.
Han Qiulin stood quietly and watched Lu Ming read the materials she handed over. After a few minutes, Lu Ming came over with a pen and quickly signed the documents. This was a confirmation document about the company's equity registration date.
Because dividends require ex-dividend, the ex-dividend price = closing price on the equity registration date - cash dividend per share.
Today’s equity registration closing price of Tiansheng Holdings is 14835.65 yuan, then the ex-dividend price is:
【14835.65-3125=11710.65 yuan】
The ex-dividend date is next Monday, which is when the market opens next Monday. Tiansheng Holdings will conduct a call auction based on 11,710.65 yuan, with a corresponding market value of 936.852 billion yuan.
Although the stock price seems to have dropped by 3,125 yuan, for shareholders who hold the stock, it is not a fall, but a downward adjustment. For stockholders with dividend rights, the market value of their positions has not changed.
Dividend distribution by listed companies itself is a kind of wealth transfer, not wealth creation.
Before dividends are distributed, the assets belong to the company; after dividends are distributed, they become the disposable assets of the individual shareholders.
Stock dividends are reflected in the outflow of cash assets of listed companies, which will lead to a decline in the stock's net assets on the balance sheet. If the net assets are reduced, the corresponding stock price will naturally be lowered.
Tiansheng Capital's dividend of 250 billion means that the company's net assets have been lost by 250 billion. If the market value remains unchanged at the value before the outflow, this is a hooliganism and is obviously unreasonable. How can such a good thing happen in the world?
When dividends are paid, the actual dividend received by investors is the same as the price of the stock price drop. Therefore, the total market value of investors' positions remains unchanged, but the holding cost directly drops by 3,125 yuan.
Today, several hot investors who reacted quickly dared to boldly follow the main players and enter the market at the end of the trading day. They knew very well that today's lower limit was the lowest price, so they naturally got on board quickly. And from the perspective of technical analysis, the market outlook of Tiansheng Holdings is also the same.
If there is a rebound demand, then adding the rebound demand of the index is almost a risk-free arbitrage action.
…
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