At the close of the day, An's shares were trading at 21.79 yuan after the market closed, which was stuck on the lower limit. Investors who intervened from today's high point ate a big bowl of noodles, recording a loss of -14.28% in just one day.
An's shares were directly listed on the dragon and tiger list that day, with a total net sales of 1.752 billion yuan. The amount of capital flight really frightened many investors.
Tiansheng headquarters, CEO office.
Lu Ming looked at the K-line chart of Anshi Group on the computer screen. It was a standard dark cloud cover. This high-level form made the traders tremble when they saw it.
"Took the bait!"
When Lu Ming saw this form, he couldn't help but smile. The current situation is that both sides of the game believe that the other party has fallen into the trap set by them, but who is playing tricks on whom in this wave of matryoshka dolls...
…
Thursday, August 6th.
This morning, the opening bidding of Anshi shares jumped short and opened low. After the opening, everyone saw a horror story happen. Within 1 minute, the price limit was hit directly, and 2.55 million orders were closed on the board.
The trading volume was only 190 million yuan, and there were scattered purchases at the beginning. Five minutes after the opening, there was basically no trading volume.
There are 2.55 million closing orders on the board and more than 5 billion selling orders. No one dares to put a hand on it.
…
Friday, August 7th.
This day was even more unique, as it fell straight down to the limit, and there were still more than 5 billion selling orders sealed on the board.
The investors inside were all dumbfounded, and the comment section was already full of curses and wails.
"Can you believe that this big blue-chip stock has hit its daily limit three times in a row without any warning?"
"The main force is going to kill people, Wori!"
"Who broke the plate? Is it Brother Yi?"
"Anyone who says he is the first brother is just a fool. Let's understand the rules of the game first and then come to Big A to play. He raised the flag of Anshi Group and will have to wait half a year to sell the stocks in his hand. It must be someone else."
"Aren't you afraid of being punished by God for smashing the market like this?"
"I think someone is targeting Brother Yi."
"The wealth on paper is so bad. Why don't you leave after paying 25 yuan? If it falls another level, your principal will be damaged. I'm so unwilling to sell it here!"
…
On Monday, August 10, the stock price of Anshi shares fell to the limit again, closing at 15.88 yuan.
On Tuesday, August 11, Anshi Group's stock price fell to the daily limit for the third time and the sixth consecutive time, closing at 14.29 yuan.
The continuous flash crash of stock prices also pushed Anshi Group and the "Antian War" to the forefront, attracting people from all over the world to watch.
"The stock price has definitely been manipulated, won't the management check it out?"
"Continuously lowering the limit, losing -43.78% in five days from the high point, basically cutting it in half. Is this a big blue chip?"
"The management encourages increasing holdings of big blue chips. Who dares to increase holdings in this trend?"
"The village chief has sent a letter of inquiry to the senior management of An's Group, asking about the recent abnormal stock price of An's Group. It seems that the village can't stand it anymore."
"You are so bold. You are encouraging me to increase your holdings of big blue chips. You are acting like this. A slap in the face is not a slap in the face of the village chief!"
"For a 25-yuan book, I was already fucked to the point of blurring my consciousness~~"
…
The majority of ordinary investors have almost focused their attention on the hot news of the "Anti War" and the stock price of Anshi shares falling to the daily limit, but not many people paid attention to a real major event that happened today.
Shareholders are basically taking advantage of the "Anti War".
In the afternoon, Lu Ming was in his office and stared at the content on the computer screen. Today he didn't pay attention to the Anshi Group's affairs at all. Instead, he focused all his attention on an important matter announced by Yangyang Bank today.
The latest news is the double-linked exchange reform, which means the announcement of adjustments to the central parity quotation mechanism of the RMB against the US dollar exchange rate. Market makers refer to the closing exchange rate of the interbank foreign exchange market on the previous day to provide the central parity quotation to the foreign exchange trading center.
Today is August 11, so this event has the abbreviation of "811 Exchange Reform".
Lu Ming took a deep breath, looked at the adjustment content and couldn't help but murmur to himself: "Have we finally begun to make arrangements in advance to deal with various international short-selling speculators offshore..."
As if he already felt that the upcoming turbulent war in the foreign exchange market was approaching, Lu Ming intertwined his fingers and held his chin in deep thought, thinking about what method and entry point would be more appropriate for Tiansheng Capital to intervene in this currency war.
.
The opponent is undoubtedly the short-selling institution of various international speculators led by Wall Street. There is no doubt that the central bank on our side is the absolute main force.
After pondering for a long time, Lu Ming positioned Tiansheng Capital as a guerrilla force ambushing deep behind enemy lines. This positioning was the most appropriate. It was equivalent to a flexible independent combat force behind enemy lines, which meant that funds could be sent out to sea in advance for offshore deployment.
Pick Wall Street's butt and poke their opponents in the anus.
Absolutely cool deal.
No matter how heavy the opponent's losses are, Tiansheng Capital's profits will be as crazy as it is absolutely huge.
It is not easy to send funds overseas. Large-scale foreign exchange purchases are now subject to very tight controls and are subject to extremely strict scrutiny.
But it was different after the previous conversation, not to mention that this overseas trip was in cooperation with the central government to "encircle and suppress" those international short sellers who came to the country with great momentum and were bent on destroying the RMB exchange rate.
They attempt to repeat their glorious achievements in the UK and Southeast Asia once again, and want to unscrupulously plunder the economic achievements that the world's second largest economy has painstakingly created over decades.
At this time, the RMB has already entered the world economic stage. Although it is not yet a mainstream currency, it has entered this stage and inevitably attracted the attention of international financial capital and other economies.
Especially beautiful countries will never allow the RMB to become the world's mainstream settlement currency.
There is no doubt that the "811 Exchange Rate Reform" is to cope with greater challenges in the future, and it is also an important and imperative measure.
Lu Ming carefully read the content disclosed by Yangxing. The dual peg policy announced today is to alleviate the impact of the subsequent US dollar interest rate hike on the RMB. At the same time, this move is to prepare for the RMB to break away from the control of the US dollar.
Long-term pain is worse than short-term pain. You have to be ruthless when it's time to take action. Getting it right in one step can save a lot of trouble and uncertainty in the future.
So far, the outside world must not be able to interpret the meaning of this move. Of course there are people who can interpret it, but they are definitely very few.
However, Lu Ming knew very well that the benefits of this move would be obvious after the breakthroughs in RCEP and the China-ASEAN Agreement many years later.
I have to admit that the big guys above are the big guys standing in the atmosphere. They have directly seen the pattern of five, ten or even more years from now and started planning now and even in the past.
According to the published news, the exchange reform mainly brings four major elements:
First, the flexibility of two-way floating has been significantly enhanced, getting rid of the previous unilateral appreciation situation;
Secondly, the regularity, transparency and market level of the central price formation have been greatly improved;
Third, the pressure on cross-border capital outflows will ease;
Fourth, it no longer follows the U.S. dollar closely and gradually shifts to referencing a basket of currencies, that is, changing from a single anchor in the past to a dual anchor, using the U.S. dollar or a basket of currencies as a reference, which increases the flexibility and stability of the RMB.
The U.S. dollar has not yet raised interest rates, but the continued strength of the U.S. dollar index has sent an increasingly strong market signal for interest rate hikes. Faced with the negative consequences of U.S. dollar interest rate hikes, the domestic response strategy in the next few years is to choose continuous RRR cuts.
Cutting interest rates will drive up housing prices, thereby promoting the depreciation of the RMB.
Lu Ming is very clear that the domestic housing market prices will experience a rapid and rapid increase starting from next year. The reason is that most people who don’t know much about the situation are confused. Why did the stock market crash in 2016?
The housing market is skyrocketing...
However, Lu Ming has no intention of getting into real estate, not even for pure investment.
The reason is very simple. Don’t add to the country’s economic problems. I had a long conversation with Mr. Wang before. Even though he knew the cause and consequences, he still rushed into the real estate market to push the bubble to soar. To put it nicely, it was embarrassing, but to put it bluntly,
Crazy temptation on the verge of death.
It's one thing for others, but for Lu Ming and Tiansheng Capital, there are many other areas where they can make money besides the real estate market.