When public funds are popular, the stock market plummets. The logic is very simple. If the stock market rises sharply, it will naturally attract all those who want to make money.
However, some investors do not dare to invest directly in stocks, so they choose to buy funds with relatively low risks. The higher the subscription amount, the more people participate.
In fact, the risks of buying funds are also very high. Sometimes it is even more disastrous to meet irresponsible fund managers. It is better to speculate on your own. At least you will lose. You understand that you lose, and you are convinced that your skills are not as good as others.
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Another unbreakable truth is that by the time everyone figures it out, the market is almost over, and those who enter the market later are basically just messing around.
Therefore, hot money funds are like two contradictory aspects. On the one hand, it means that more and more funds are beginning to participate in the stock market; on the other hand, when everyone starts to enter the market, the market will not work.
Therefore, the emergence of the 70 billion hot-money fund will naturally scare away some experienced investors, which is also normal.
…
Tiansheng Capital Headquarters, Chairman's Office.
Lu Ming sat at his desk and glanced at the computer screen, which showed the market price chart. Not long after, he picked up the landline phone on the desk and called Han Qiulin's office.
"Why has the Shell Resources sector been soaring in recent days? What's going on? Has the news been leaked?" Lu Ming asked after getting on the phone. In the past three trading days, the Shell Resources sector has been rising by the daily limit for three consecutive days. Funds have been rising.
The intervention is unusually obvious.
And Tiansheng Capital was planning to hoard a batch of shell resources on a large scale, and now the market began to explode.
Han Qiulin replied with certainty: "No information has been leaked. Currently, no more than five people in our company know about it."
Hearing this, Lu Ming thought for a moment and nodded: "Well, I roughly guessed what it was about, so go ahead and do your work."
After hanging up the phone, Lu Ming leaned back on the boss's chair and thought about it without saying a word.
The people who promoted Shell Resources were, not surprisingly, the same group of institutional investors that were originally invited. They must be among these people.
They are all a bunch of thieves, and they will take advantage of Tiansheng Capital's opportunities. It is not difficult at all for their analysis team to analyze that Tiansheng Capital needs shell resources.
At this time, some of these institutions may have known in advance that Ningzhou City will implement the county-opening model. This news has not been officially announced yet, but some well-informed people must have inquired about it in advance.
One of the core connotations of the Qixian model is the restructuring of mixed-ownership reform and the listing of companies like Qiming Fubon, which means that in the future at least more than 1,300 similar companies will be included in Big A.
With so many companies applying for listing through the normal process, many companies cannot get approval in a short period of time, but financing is imminent, so they can only take the path of backdoor listing, and then issue private placements to investors.
meet financing needs.
That shell resource becomes a precious lump.
"Fortunately, I have a few shell companies. Go ahead and have fun. How can Tiansheng's wool be harvested so easily for you?" Lu Ming smiled calmly and said to himself. It would be necessary to implement this level of units in Ningzhou City.
Three to five years, if you can, just put your money in the shell resources sector and keep it there for three to five years.
The most important thing is that Lu Ming knows very well that shell resources will be worthless in three to five years, because the big A comprehensive registration system should be launched at about that time, and the value of shell companies will be greatly reduced by then.
This matter was quickly ignored, and Lu Ming continued working. He picked up a document, opened it, looked at it, and after a while, approved and stamped it.
The end of the month is approaching, and the second quarter of this year is about to begin. This document is the quarterly adjustment of the constituent stocks of the Tiansheng Shang 50 Index and Tiansheng Shenzhen 100 Index. In most cases, it will not be changed. It is adjusted every half year.
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But this time it is slightly different. In the second quarter, there was a major adjustment to the Tiansheng 50 Index constituent stocks, which was to remove Zhongguo Ping An, which has a total market value of 1.3 trillion, from the Tiansheng 50 Index constituent stocks.
It is almost certain that once Zhongguo Pingan is removed from the Tiansheng 50 Index constituent stocks, the capital market will definitely be shocked on the day the news is announced.
Needless to say, Tiansheng Capital’s current influence in the A-share market would be fine if it were just a relatively small blue-chip stock, but Zhongguo Ping An’s current total market value has exceeded 1.3 trillion, which is a huge butt.
Currently, there are only 8 Big A stocks with a market capitalization of one trillion. Maoti’s current total market capitalization has not yet reached this threshold. It currently has a total market capitalization of more than 970 billion.
It is conceivable that once the news comes out, it will definitely trigger panic in the capital market and undermine market confidence. As for the extent of the impact, it is certainly not clear now. We will only know when the market recovers.
Although this incident will undermine market confidence, those who should run must still run. The future population trend will be there. Tiansheng Capital must also protect profits for LPs. People have no brains to entrust their funds to you, don’t they just value your ability to lead?
To return profits?
At the same time as Zhongguo Ping An was eliminated, An's shares were re-included into the Tiansheng Top 50 Index constituent stocks, and the Tiansheng Value Growth Hybrid Fund's "Haitian An's Mao Wulu" will also be gathered together again.
Anshi shares will resume trading on March 27, which is tomorrow.
…
The following Wednesday.
In the morning, a piece of daily news excited Lu Ming. The Ministry of Finance announced the second batch of photovoltaic poverty alleviation subsidy catalogues, and the adjusted first batch of photovoltaic poverty alleviation subsidy catalogues. Those included in the renewable energy electricity price additional fund subsidy catalogue
For photovoltaic poverty alleviation projects, the Ministry of Finance will give priority to allocating subsidy funds for poverty alleviation.
According to disclosed information, for village-level power stations and centralized power stations, the subsidy funds used for poverty alleviation are directly allocated by power grid enterprises or financial departments to local poverty alleviation power generation revenue transfer agencies, and are fully allocated to photovoltaic poverty alleviation projects under the supervision of the poverty alleviation authorities.
The village collective where it is located.
Daping Township, which I went to inspect before, has initially determined that it will develop a large-scale photovoltaic industry there. This news disclosed by the upper management can be said to be a perfect linkage with the "county-starting model" that is about to be promoted in Ningzhou City.
There is no doubt that things will be easier to handle if there is policy support.
…
But speaking of the market situation of the A-share market today, the three major indexes opened higher today and maintained a pattern of wide fluctuations during the session.
An important stock has resumed trading today, and that is An's shares. The call auction opened at -3% this morning. It once fell by more than -5.37% during the session, with the stock price as low as 22.33 yuan, and the total market value hit a new low of 368.445 billion yuan.
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"What rubbish? The market has continued to fall after it peaked."
"An unsatisfying thing!"
"Let's go, what a piece of rubbish."
“It should have been cut when Tiansheng announced the reduction of its holdings.”
"It's really a waste of market momentum. The index didn't come out until it reached 3,000 points. When the market falls, this stock will definitely fall with it."
"This ticket still has to go down, I saw 15 yuan."
"I'm already -60% holding this ticket. I'm too lazy to move. I'll see how much you can drop."
“Huijing’s development has been overwhelming, and it’s all contributed by Anshi Co., Ltd.”
"I'm really convinced, it's almost the bottom of the stock market crash that year."
…
The comment area and time-sharing barrages under Anshi Shares are full of curses, and some messages from Huijing Development appear from time to time. Today, not only Anshi Shares resumed trading, Huijing Development also resumed trading on the same day.
Everyone knows that these two companies have reached a sky-high price deal before, but the performance of the two stocks today is in sharp contrast. An's shares plummeted, while Huijing Development directly bid for the top spot.
Retail investors are all staking their profits here at Anshi Shares, but at the same time, two institutions are secretly collecting funds at this time, and even trigger a rush for funds.
If it hadn't been for an institution to take over, An's shares would have been hit by a large number of retail investors who fled today.
Of these two institutions, one is Tiansheng Value Growth Hybrid Fund, Li Mingyang is executing the strategy that he set long ago, and Anshi shares have begun to receive goods in the secondary market since they resumed trading.
Another organization is Wanxiang Group. President Wang personally came to Tiansheng Capital a while ago, and the hints Lu Ming gave him gave him reassurance.
Chaoyun Trust also knew the news, but it did not increase its holdings. It was already the third largest shareholder of An's shares. It was panicked before mainly because it could not understand, but now Daqiangzi also took reassurance.
