When the market opened in the afternoon, the Shanghai Composite Index continued to be under pressure, with the decline extending to -1.76%, and the Shanghai Composite 50 Index's decline expanded to -2.56%. About an hour after the market opened in the afternoon, Tiansheng Capital once again issued the latest announcement.
This announcement is about the temporary adjustment of the Tiansheng 50 Index constituent stocks, including An's shares in the Tiansheng 50 Index, and the elimination of Zhongguo Ping An.
Affected by this news, Anshi shares rose sharply, driving volume all the way up. The increase expanded to 7%, and the stock price also exceeded 55 yuan. The total market value once again stood above the 900 billion yuan mark, which is far away from the trillion market value.
It can be said that it is just one step away.
Then, when Zhongguo Ping An next door saw the news, investors turned back and pressed another 2 billion yuan on the lower limit to suppress the shock. The number of closed orders soared to a huge 10 billion yuan.
The investors who bought this ticket for 88 yuan today were almost in tears. This situation is going to keep going down even if the market stops. It is not safe to buy this ticket. The investors feel that Big A has no way to play.
As the time came to 15:00, the noisy market finally subsided. As of the close, the Shanghai Composite Index closed at 3215 points, down -1.70%, the Shenzhen Component Index closed at 10224 points, down -1.86%, and the ChiNext Index closed at 10224 points, down -1.86%.
1697 points, closing down -1.07%. The three major indexes maintained a volatile downward trend throughout the day today.
Although Anshi shares rose sharply in late trading due to the news that Anshi shares were once again included in the Tiansheng 50 Index, which also led the market index to rebound slightly and rose slightly, it fell back towards the end of the day and was basically close to the lowest point of the day.
In the next two trading days, the power of the bulls in the market weakened, and the market began to weaken.
On April 23, the two big A cities maintained a narrow range of fluctuations, falling in late trading and finally falling below 3,200 points.
On April 24, Big A emerged from the deep V market. The intraday low reached 3156 points. The Shanghai Stock Exchange Index closed a hanging line. Heavyweight stocks drove the market index to fall, while the GEM was obviously stronger than the market today. Today's market trend
The signs of bullish temptation are more obvious, especially the hanging neck line that comes out, which basically establishes the bullish trend.
In the first three days of trading this week, the market's money-making effect became increasingly weak. Tiansheng Holdings continued to fall after failing to hit the high before the impact on Monday. After three consecutive days of adjustments, the stock price also fell to 62,455 yuan, and its market value also evaporated by 218.5 billion yuan in three days.
Yuan.
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Tiansheng Capital Headquarters, Chairman's Office.
Han Qiulin walked slowly into Lu Ming's office and said as she walked: "I just received the latest internal communication from the relevant parties in the capital. The superiors have arranged for the North American side to submit a consultation plan for Tiansheng Capital on the holding of U.S. debt.
I’ll leave it to you to talk to people in North America, and we’ll take advantage of the company’s annual shareholders’ meeting on May 5 to start the interview.”
It’s the end of the month, April is about to come to an end, and in May, Tiansheng Capital will hold its annual shareholders’ meeting on May 5th every year, which has now become a globally recognized investment event.
Since last year's shareholders' meeting, it has had world-class influence, and with Tiansheng Capital's current momentum, its influence has become stronger year by year.
Taking advantage of the grand event of the annual general meeting, it is indeed a good opportunity to have face-to-face conversations.
At this moment, Lu Ming was quite surprised when he heard this. He immediately looked at Han Qiulin and said, "Let me come for an interview? Does the boss mean that I should make the decision on this matter?"
Han Qiulin nodded.
Lu Ming withdrew his gaze and thought without saying a word. After a while, he couldn't help but laugh and said: "The upper management is smart and stable after all!"
The beautiful country on the other side of the ocean asked Tiansheng Capital to buy its debt, and the superiors directly handed over the matter to Lu Ming to make a decision. The clever part was that no matter what the outcome was, Lu Ming had nothing to say, and the blame could not be dumped.
, and now it is actually a test of Lu Ming's grasp and control of the situation. This is a test of wisdom. It is a classic matter. "You can figure it out", and the most difficult thing in the world is precisely "
Things that can be done as you see fit.
Even though the degree of freedom is high, you have to bear the consequences yourself. You can't blame you. If you don't do well, you can be criticized.
In this way, it will give Lu Ming a headache. Anyway, you can do whatever you want.
Moreover, Lu Ming can no longer push the matter forward. Another meaning of asking you to take care of it is to appreciate and be optimistic about your ability and believe that you can handle the matter properly. Otherwise, you will not be allowed to shoulder the burden.
, if you throw it up with your backhand, you are clearly showing off your faults, acting out of temper, failing to live up to the appreciation of your superiors, making mistakes, losing sight of the overall situation, and embarrassing your great responsibilities.
That would be troublesome. Lu Ming obviously couldn't get involved again. This matter must be taken up and handled well.
For Lu Ming, being able to do whatever he wants is actually not a bad thing. For those who have the ability, they are happy to have the right to "do whatever they want" so that they can have free hands and feet to do whatever they want.
Brother No. 1 is thinking of digging a hole for the people on Wall Street.
Finally, Lu Ming put away his thoughts, handed a piece of information on the table to Han Qiulin, and said concisely: "Take it and disclose it."
This is an important reminder announcement for the last five trading days before the redemption of the company's convertible bonds, namely "Tian Sheng Zhuan 2".
Han Qiulin took the document and left Lu Ming's office.
An hour later, Tiansheng Capital announced it.
May 6, 2019 is the last trading day and conversion date of "Tian Sheng Zhuan 2". After the market closes on May 6, "Tian Sheng Zhuan 2" that has not yet converted will stop trading and conversion.
The company will compulsorily redeem "Tian Sheng Zhuan 2" at a price of 100.28 yuan per piece. Investors who bought "Tian Sheng Zhuan 2" on that day can still apply for share conversion before the market closes on that day.
Tiansheng Zhuan 2 redemption price: 100.28 yuan/piece (face value of the bond plus current accrued interest (including tax), current interest rate 0.35%), the redemption price after tax is subject to the price approved by the Securities Depository and Clearing Co., Ltd.
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Trading and stock conversion date: May 6, 2019.
Redemption date: May 6, 2019.
The issuer’s fund arrival date (arrived in the settlement company’s account): May 9, 2019.
The date when investors’ redemption funds will be received: May 15th.
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As soon as this news comes out, it means that Tiansheng Holdings will face pressure from share conversion in the next few trading days, and Tiansheng Holdings will be under pressure, which basically means that the market will be under pressure.
To make matters worse, the market also brought bad news. The two meetings from April 19th to 22nd, coupled with the recent two late-night rumors refuted by the central government, sent an increasingly clear signal, that is, the monetary policy has improved.
To put it bluntly, the "reduction of force" means that the expectation of a RRR cut is gone. This is an expectation that directly affects market liquidity.
Shareholders have ridiculed the lowering of reserve ratio as "breaking the promise". After the volume of "spicy noodles" was reduced, Yangma replenished another bowl of "special spicy noodles."
The next day, April 25th, the market opened.
The Shanghai and Shenzhen stock markets jumped short and opened lower. Big A was immediately numb, and so were the stock investors.
In early trading, the green market basically fluctuated sideways along the -0.5% range below the zero axis. During this period, the brokerage and insurance sectors had three consecutive short-term increases in the index to induce bullishness. Tiansheng Holdings' increase once expanded to +1.14%, and the stock price once exceeded 63,000 yuan.
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There were no big fluctuations throughout the early trading, and everything seemed smooth and normal. This led many people to judge that the stock king should be fine in the past few days, and the pressure for stock conversion should be on that day, that is, May 6, and should be under pressure this week.
There won't be any problems.
If the stock kings can stabilize, the market can stabilize.
But when the market opened in the afternoon, the market trend changed rapidly. Tiansheng Holdings' stock price rushed to 6292.66 yuan, but it just touched the 5-day average price line before turning around and diving, and it fell with the volume.
As soon as the stock leader plunged, the brokerage firms couldn't hold on and immediately fell flat. The decline quickly expanded to -3%, and then dragged the market index to jump all the way, which also led to a considerable decline in volume.
In the early trading, everyone felt that the pressure on Tiansheng Holdings to convert shares would be under pressure until May 6. Before the market opened, everyone also considered that they might react in advance, but unfortunately the main funds performed too well. In the afternoon, they directly attacked and were caught off guard.
After the close, Tiansheng Holdings quoted a price of 61,023.15 yuan, down -1.91%. This is already the fourth consecutive negative line of decline after the stock king failed to hit the previous high, and today's volume fell by 23.8 billion.
The most speechless thing is that today's K-line closed by the stock king is a bare-foot Yin K-line, indicating that the market has closed before it fell through. This is to test the support of the 60,000 yuan round figure again.
The market was even worse today, with the Shanghai Stock Index basically closing at its lowest point throughout the day. As of the close, the Shanghai Stock Index fell by -2.43%, the Shenzhen Component Index fell by -3.21%, and the ChiNext Index fell by -2.84%.
Tiansheng Holdings and the market index are running almost simultaneously, and both have gone out of four consecutive negative periods. Overall, the market has reached the present, and the double-headed M top pattern of the market has been established, completing the final top, which also means that the spring of 2019
The market is over.
Those who should run have basically run away, and those who are still holding on to illusions are basically a group of people who caught up when the market rose on April 16 and tried to get back their money and leave again.
