Chapter 575 [The powerful dominance of the stock king]
Today's three major A-share indexes closed sharply across the board, which really surprised many people. The Shanghai Composite Index closed up +1.30%, the Shenzhen Component Index closed up +2.74%, and the ChiNext Index closed up +3.52%. Received a solid bald yang.
But what's interesting is that today's market situation has left many people confused, and the differences in the market are actually quite significant.
The most representative one is Tiansheng Holdings. After the explosive breakthrough on January 4, the stock king once again entered the consolidation stage. Unknowingly, it lasted for nearly a month. During this period, it tried several times to reach new highs, but the result was that All failed and fell back.
Today, the stock king once again came to the moment of breaking new highs. He was just a few steps away from breaking through, but he just didn't rush forward. This is torture.
Especially those in the financial sector, a large number of people are anxious about the trend of the stock king. Although most of them do not have positions in the stock king, they are very concerned about it and have to pay attention.
In fact, they don't want to pay attention, but they have positions in the big financial and brokerage sectors, so they have to look at the face of the stock kings, especially those who have positions in the brokerage sector.
If the stock king doesn't make a breakthrough or make a statement, the funds will not dare to let go. Tiansheng Holdings will be smashed when the time comes. Not to mention that the entire brokerage sector will definitely not be able to withstand it, and even the Shanghai Stock Exchange Index may not be able to withstand it.
Now the position of the stock king is just shy of the new high. Will it be a breakthrough in the market outlook? Or will it be a retreat? It always leaves the market with a suspense, I won't tell you, you can guess for yourself.
As for the result? You will know when the time comes. So are you short? Or long?
A lot of funds have been tossed around, which is really uncomfortable.
Why can't today's big financial sectors, especially the brokerage sector, ignore the king of stocks? Why must they follow their lead?
You only need to look at the market value weight of this sector to know. As of today's close, there are currently 43 stocks in the securities sector, and the total market value of the sector is 5.21 trillion yuan. Among them, the absolute weight leader Tiansheng Holdings accounts for 3.18 trillion market value, accounting for The weight of the entire sector exceeds 61.03%.
Super 60% ratio!
The total market value of the other 42 brokerage stocks of 2.03 trillion is only about two-thirds of the total market value of the stock king. In this case, can we not look at the face of the stock king?
Assume that the other 42 stocks in the securities sector all hit their daily limit, but Tiansheng Holdings dropped their limit that day. Even though the entire securities sector hit the daily limit of the other 42 securities stocks, the sector still fell by more than -2.2%.
On the contrary, even if all 42 stocks in the entire securities sector fall to their limit, as long as Tiansheng Holdings rises to their limit, the entire sector will not only not fall to the limit, but will also close up by about +2.2%.
This is the current energy of the stock king, which can be said to have absolute dominance in the brokerage sector.
Nowadays, many retail investors have made a common-sense mistake. After seeing the proportion of the stock king in the entire brokerage sector, they go back to buy securities ETFs, thinking that as long as the stock king rises to the limit, even if the other 42 stocks fall to the limit, such extreme situation You can also close your own ETF by more than 2 points.
But in fact, this is not the case. If such an extreme situation occurs, it will be even more paradoxical. Obviously the securities sector shows an increase of +2.2%, but the ETF tracking the securities index still drops by the limit when it should.
The reason is actually very simple. As a passive on-market fund, ETF has a fixed allocation ratio. The position allocated to Tiansheng Holdings cannot reach 60% of the total fund position, but the weight ratio of Tiansheng Holdings in the securities sector is not.
It has exceeded 60%.
This is also one of the important reasons why many retail investors are being bullied by brokers. It is because we still use past experience to analyze the trend of securities indexes. Any pressure level or support level will be ruthlessly overturned, and it will be found to be completely useless.
Even building an ETF corresponding to a security index is useless. Just like the previous situation, the security index may rise, but the ETF tracking the index will plummet, and sometimes there will be a seesaw effect.
Many investors still find it difficult to adapt to this new change. People are path dependent, and the result must be education from the market.
At the same time, this has caused many investors to criticize that the current securities index has been completely distorted and has completely lost its reference value, and the "culprit" is the stock king Tiansheng Holdings in it.
Many people even suggested that Tiansheng Holdings should be removed from the securities sector. However, this will bring about a new problem. If it is removed from the securities sector, which sector should it be placed in? As a non-bank financial company, Tiansheng Capital cannot
Where should I put securities? I can’t put them in banks or insurance sectors, right?
Therefore, some people suggested adjusting the indicators to reduce the weight of Tiansheng Holdings, but in the end they argued for a long time, which would bring new problems, and finally found that maintaining the status quo was the relatively optimal solution.
However, the dead tree is moved away, so now more and more investors are looking directly at Tiansheng Holdings. If you can't afford the top stock but want to be a brokerage stock, you have to look at the top stock. This alone is not enough. You have to buy the stock.
Only by combining Wang's trend and securities index for analysis and judgment can we get relatively objective results. Looking at either of them alone is still one-sided.
To sum it up in a thousand words, it is now more difficult for investors to make money in the brokerage sector than before.
…
Afternoon, Tiansheng Capital office.
Han Qiulin was standing in front of Lu Ming's desk. The latter was approving a document. After signing, he handed it to her: "Today we will disclose that in the eight technology companies above, we will completely withdraw all investments and sell them directly at a discount."
, don’t be sloppy, and will no longer participate in the future. The management team has no enterprising spirit, no future, and no way to make money. As for other work, we will deal with it after the Spring Festival.”
Tomorrow is the weekend, New Year's Eve is the day after tomorrow, and today is the last working day before the holiday.
Han Qiulin nodded after taking the document and left the office to execute it. The eight technology companies on the document were all listed companies affiliated with the technology semiconductor industry. The reason for Lu Ming's divestment was that these companies had paid dividends in the past two years.
The interest rate was a bit too much, which made him very unhappy, so he immediately withdrew.
…
At around 17:30, Tiansheng Capital disclosed the news very quickly, which quickly attracted the attention of the capital market, including many other institutional investors who immediately came to watch.
Originally, I was just rushing to eat the melon, but I found something was wrong. Although Tiansheng Capital's text description was quite formulaic, many people also saw from the wording that they were dissatisfied with these eight companies.
Shareholders were confused, especially those who held these eight listed companies. They were not only confused, but also panicked. The core major shareholders ran away, and it was an influential investment institution like Tiansheng Capital. After the holiday,
When the market opens, shouldn’t you rush to the limit every time you count?
Moreover, the reason for the divestment never occurred to investors. The reason was that the dividend payout ratios of these eight listed companies were too high. Tiansheng Capital was very dissatisfied with this. In addition, it was also dissatisfied with the high salaries of its executives.
So I withdrew without even communicating with the other party, and they just gave me a discount.
Therefore, after the news came out, many investors went to Lu Ming's personal social media account to leave comments.
"Brother Yi, what kind of cool operation is this? Isn't it good to pay too many dividends? Do you still think it's too high?"
"I don't understand, I really don't understand. The most important thing is that Tiansheng Capital, which you own, Brother Yi, will distribute a huge dividend of 300 billion this year. If you really want to say that the dividend is more, Tiansheng will be second. No one dares to say that Tiansheng Capital is the second.
one."
"That's right, so when Tiansheng suddenly made such an incident, I can't wrap my head around it. This and this... I can't understand it, I really can't understand it!"
"Could there be some other secret?"
"There must be a hidden agenda. As a capital institution, Tiansheng is in the interest of itself when it pays dividends, but it is opposed to it. This is a bit unbelievable. There must be a monster when something goes wrong. There must be a hidden agenda. This reason is too far-fetched.
, not convincing.”
"I have a target in half of my warehouse. If I suddenly do something like this, will I be able to prevent people from spending the New Year in peace?"
"Something must have exploded. The stock investors holding these tickets will probably be very upset this year when they see this news...[face covering]."
…
Please remember the first domain name of this book: ._
