Chapter 502 [The market is crashing and still earning blood]
For Big A, today is a dark moment that is destined to go down in history. Today, the Shanghai Stock Index not only broke through the circuit breaker bottom of 2638 points, but also fell below the 2600-point integer mark. The three major indexes were once collectively
It fell by more than -6%.
As of the close of trading, the Shenzhen Stock Exchange Index and ChiNext Index had fallen by more than -6%, and the Shanghai Stock Exchange Index had fallen by more than -5%. All sectors in the two cities were collectively green, and thousands of stocks had fallen to the limit again.
Judging from the patterns of the two cities, the Shanghai Index closed at 2583 points today, a sharp drop of -5.22%, with a turnover of 190 billion yuan, the Shenzhen Stock Exchange Index closed at 7524 points, a drop of -6.07%, with a turnover of 208.6 billion yuan; the GEM Index closed at 1261 points
, a drop of -6.3%, hitting a four-and-a-half-year low.
3,399 stocks in the two cities fell, 1,039 stocks fell to the limit, 2,086 stocks fell by 8%-10%, and only 72 stocks rose.
Even Tiansheng Holdings, known as the king of stocks, has fallen by the limit. In this week, Tiansheng Holdings has lost 467 billion yuan, and Lu Ming's nominal value has also dropped by 256.8 billion yuan.
From the perspective of the sector structure, the instrumentation sector suffered the largest decline today, down -9.51%. Communication equipment and other electronics ranked second and third, with declines of -9.50% and -9.33% respectively, which can be called a collapse.
Looking at individual stocks, all the top ten blue-chip stocks by market capitalization have fallen, and all the top stocks have hit their daily limit. At the same time, none of the current 18 liquor stocks in Big A have been spared.
Unicorns are also wailing everywhere. 51 unicorn concept stocks have plummeted across the board, 35 of which have dropped by the limit or more than -9%. Targets such as Kodak iFlytek and YaoMingkang, which have dropped by the limit, are clearly visible, and were taken by Tiansheng Capital.
Ningde Times, which is extremely optimistic, also plummeted -8.27%. Judging from the flash crash of these indicators, it is not surprising that Tiansheng Holdings was hit by the limit today.
Because of the unicorn companies and technology stocks that have suffered heavy losses today, Tiansheng Capital has focused its investments and positions heavily. In the eyes of outsiders, Tiansheng Holdings has suffered heavy losses today, and the stock price has also been reflected. It is rare that it fell by the limit today.
As a result, there are voices in the outside world that the income myth of Tiansheng Capital is coming to an end, and they are very popular.
Afternoon news, the European stock market opened down more than -1%. Not only did the Asia-Pacific stock market plummet across the board, the European Stoxx 600 index fell -1.1%, the Yingguo FTSE 100 index fell -1.3%, and the French CAC 40 index fell -1.7%.
Germany's DAX index fell by -1.3%, and Spain's IBEX35 index fell by -2.0%.
The overnight plunge in the U.S. stock market triggered an earthquake in the global capital market. While the two domestic cities were mourning, Tiansheng Capital is attracting market attention at the moment. Judging from the current market situation, it may suffer heavy losses.
With such a large size, facing the background of the global stock market flash crash, investors from all walks of life in the market generally believe that Tiansheng Capital will definitely not be able to stay out of the situation, and will most likely fall with the entire market.
The market limit was pushed down and received full response.
However, at night, the trend of a very important index surprised everyone, and that was the Tiansheng Composite Index compiled by Tiansheng Capital's own company.
At 9:30 pm, the US stock market opened and the flash crash continued. After the Dow Jones index plummeted -3.15% on the previous trading day, it fell again by more than -2.5% tonight. From a technical perspective, the US stock market poured a big negative line downward yesterday.
The bullish trend has gone bad, and today's sharp decline means that there is no doubt that it has turned to the short side.
But at this moment, investors were suddenly shocked to find that the Tiansheng Composite Index not only did not fall, but actually rose by +2.24%, and it also rose by +0.79% yesterday.
There are only two possibilities for such data, either Tiansheng Capital's data is fake, or short selling made huge profits during this period.
Most of the market believes that the speculation of fraud is unlikely. After all, if Tiansheng Capital is as big as it is today, if fraud occurs, it will be a terrifying tsunami that Big A dare not even think about.
Tiansheng Capital’s real cost of construction, and the hole it created, would be comparable to that one-time cost of 4 trillion, which is not an exaggeration.
So the possibility of fraud is low.
That means he has really made a lot of money. As the head of Tiansheng Capital, Lu Ming has publicly stated that as long as he is in charge of Tiansheng Capital for one day, he will not short the A-share market.
The current market situation can support Tiansheng Capital's profits, and only by shorting the market can we make big profits.
The answer naturally emerged. The sickle of Tiansheng Capital was harvesting fiercely in the peripheral market, harvesting crazily, and harvesting quietly underwater.
Everyone knows where Tiansheng Capital makes its money, but few people really know where it makes money.
As the news fermented and spread, investors all salivated when they saw that Tiansheng Holdings had dropped to around 31,000 yuan in the past few days, with a drop of nearly -15%. They saw the deep pit from which they fell, and the funds were bought at the bottom.
The desire is getting stronger and stronger.
There is nothing wrong with the market being very volatile, but the fact is that even if the market is very volatile, it will not affect Tiansheng Capital's huge profits.
…
However, at this moment, Lu Ming was quite unhappy because he received a draft material for soliciting opinions.
In the office, Lu Ming looked very unhappy after reading the contents of the material. He immediately threw the material on the table, leaned back on the sofa and closed his eyes. Lu Ming sighed and one word came out of his mouth:
"grass!"
Han Qiulin, who handed over this material, looked at him looking very angry. After a while, she said thoughtfully: "If the market really goes like this..."
Lu Ming said before she could finish her words: "Basically, it has hedged most of the profits that Tiansheng Capital has harvested in overseas markets over the years."
This incident happened quite suddenly, and the reason had already begun to emerge in the morning. That is, North American investment institutions announced from across the ocean that the Shanghai Stock Exchange Index would only consider investing in the A-share market when the Shanghai Stock Exchange Index reached 2400~2600 points.
This is a hint that the market must hit the market near 2400 points in order to build a nest and attract the phoenix.
At the end, Lu Ming changed the topic and said: "In the long run, there is nothing wrong with doing this. Pay money to stabilize the greedy capital in the United States. If we can continue to develop in a stable period of five to ten years, this deal will
It’s also very cost-effective, but you can’t feed it too much at once, as the greed of capital is endless.”
In fact, the overall relationship between Wotu and Wall Street elites is quite good, because Wall Street's financial capital pursues profits, and they will definitely help them speak for themselves after receiving money. In this way, the two sides will have less direct conflicts and can strive for more.
Take time to practice your own inner strength and develop yourself.
Wall Street is also happy to do this. After all, there is no second market in the world that can bring about 20% profit growth to Wall Street and related companies like the Greater China market. This is a very amazing profit rate, and the market size is still large.
Extremely large.
Therefore, Wall Street is actually very reluctant to break up with the two sides. If the two sides break up, they will have to say goodbye to the comfortable days of making money. To put it bluntly, everyone gets what they need and takes advantage of each other, and everyone knows it well.
However, although the influence of Wall Street today in the beautiful country is still very strong, it is definitely not as good as before.
Finally, Lu Ming thought over and over again and finally made a decision, which was also a moderate plan. He immediately looked at Han Qiulin and said: "Well, let's express our thoughts. It doesn't matter if international capital comes in. It's a big deal."
A will go international sooner or later, sooner or later. However, foreign capital still needs to be tied up. This is to prevent foreign capital from making waves in the capital market and making large inflows and outflows."
Lu Ming added: "My suggestion is to entrust 40% to 60% of the foreign investment to Tiansheng Capital. Don't you want to invest? Isn't your investment just to make money? Well, give me the money and I will do it."
To help you make money, you don’t have to do anything, just lie back and you will win.”
In this way, the capital authority of foreign capital is in the hands of Tiansheng Capital. Taking 10 billion yuan means that the market will have 10 billion less speculative funds flowing in and out to cut leeks. The foreign capital that comes in is truly a long-term investment.
rather than speculation.
However, this incident told Lu Ming that the external market had to be cut a little harder.
