Chapter 725 [Climbing to the top of the global market capitalization ranking]
As of the close, the Shanghai Composite Index closed at 2999.49 points, up +1.59%. However, more than 3,260 stocks fell in the two cities today.
Few investors can understand the market trends in recent days, and even some experienced investors are full of questions.
Because I have never experienced such a market situation before.
Brokerages are setting off a wave of daily limit increases, and sectors are rising by their daily limit. This is because the main rising wave bull market is in full swing.
But this time the securities companies have set off a wave of price limit, where is the big market?
More than 3,000 individual stocks were all in the market, and the brokerage sector was doing a lot of fun on its own, with no other sectors doing anything at all.
Obviously, this is beyond the scope of many people's cognition.
…
After the market closed, Tiansheng Capital made headlines, and also appeared in reports by mainstream European and American media internationally.
The reason why it is in the news is that after Tiansheng Capital closed today, its total market capitalization of 5.86 trillion yuan not only ranks first in domestic market capitalization, but also has a market capitalization of approximately US$846.9 billion based on the latest exchange rate, surpassing Microsoft's latest market capitalization of US$822.2 billion.
, reached the top spot in the world, and now sits at the top of the global list of listed companies.
Microsoft previously ranked first in the world with a market capitalization of US$967.3 billion, but last Friday the U.S. stock market crashed, and Microsoft's market value evaporated by US$145.1 billion in one day.
Tiansheng Capital hit the daily limit today, becoming the world's No. 1 listed company in one fell swoop.
This is a big event and a historic moment.
However, Tiansheng Capital’s rise to the top is not the first time that a domestic listed company has occupied the top spot in the global market capitalization rankings.
Before this, a domestic giant company had reached the top.
That is Zhong Petroleum!
Benefiting from the high valuation period of A-shares that year, Zhong Petroleum reached its highest intraday price of 48.6 yuan on its first day of listing, corresponding to a market capitalization of 8.89 trillion, which was the highest among listed companies in the world at that time. It reached its peak on the first day of listing.
Today's Tiansheng Holdings is dubbed the "King of Stocks" by hundreds of millions of Big A shareholders, and its market value now ranks first in the world. However, its market value is 5.86 trillion, which is 8.89 trillion at the peak of Zhong Petroleum.
, the difference is still an absolute number of 3.03 trillion.
It can be said that Zhong Petroleum is the most legendary listed company in the big A stock market.
After more than ten years, another domestic listed company has reached the top of the world in terms of market value. Many investors cannot help but compare Tiansheng Holdings with Zhong Petroleum.
Tiansheng Capital is a non-bank financial company, and PetroChina is an energy company; Tiansheng Capital is a private enterprise, and PetroChina is a state-owned enterprise. The listing of Tiansheng Capital is just the beginning, but the listing of PetroChina is the peak...
However, just when the media reported this matter on the front page, a large number of well-known domestic Vs came out to increase their presence.
The top spot in the global market capitalization ranking is actually a financial company, not a high-tech company. Public celebrities expressed their sadness at this...
At first glance, these remarks seem to be concerned about the country and the people, and there is some truth to them.
But in fact, if a domestic high-tech company really reaches the top of the world, the public celebrities will say something else.
There are companies in the technology circle that can reach the top of the industry, Hua Wei is an example, but the well-known big Vs still behave that way.
However, today’s Internet users are completely different from those ten years ago.
Especially in the contemporary era with the rise of self-media, the voices of well-known big Vs will soon be drowned out. However, criticizing the well-known big Vs and daily fishing have become a major leisure time pleasure for contemporary netizens.
Lu Ming's net worth is still a point that well-known big Vs are always pursuing for criticism. According to the latest stock price of Tiansheng Capital, Lu Ming's nominal net worth has reached as high as 3.22 trillion, which is approximately 465.8 billion U.S. dollars.
If viewed as a separate economy, it would rank 27th in the annual GDP rankings of more than 200 countries and regions in the world.
At this time, the well-known big V did not mention the so-called "private property is sacred and inviolable", and even turned a blind eye to Lu Ming's career at the Science and People's Livelihood Foundation over the years.
In fact, in recent years, it has become harder and harder for famous Vs to get along in China. In fact, the biggest problem is that their masters have been causing trouble in various ways, and the famous Vs have been unable to stop them. Technology has no borders.
, how is it round now?
There are also sports without borders, art without borders, technology without borders, etc. These things that the well-known big Vs have spared no effort to promote over the years, their masters have dismantled one by one...
…
In the evening in the Eastern Hemisphere, at the same time in the Western Hemisphere, North American stock markets opened as scheduled.
Global investors are very concerned about the trend of the U.S. stock market after the Great Circuit Breaker.
The opening of U.S. stocks tonight also started a violent gap like the European stock market. The three major indexes, the Dow Jones opened higher by +6.02%, the Nasdaq opened higher by +5.89%, and the S&P 500 index opened higher by +5.62%. After the opening, the three major indexes
It opened high and walked all the way, without any step back, and all came out of the barefoot Yang line that jumped high and opened high.
Domestic stock investors were stunned.
"Good guy, is this the US stock market?"
"The cutting of these leeks is so cruel..."
"Microsoft has become huge again, rising more than ten points, and its market value has returned to the US$900 billion mark."
"The market value has surpassed that of Tiansheng Holdings, and the stock king is in the top spot in the world in one day."
"The violent rebound across the board is damning. Is this a plan to be repaired within a day?"
…
As time goes by, the three major North American stock indexes have been rising. About an hour after the opening, the gains of the three major indexes all touched +11%, almost making up for the regulatory gap last Friday.
At the same time, Qi Wei was presiding over the external trading work in the company. He followed Lu Ming's instructions to quickly close out his long positions, and then entered short with his backhand. At the same time, he followed Lu Ming's instructions to open long positions on resource varieties, such as grain, crude oil, etc.
Riding on the horse was so exciting that Qiwei's heartbeat was also accelerating crazily, and his psychological threshold was also being raised crazily.
Lu Ming is not in the company but is currently paying attention to the conditions of the North American capital market. The surge in US stocks tonight indicates that a large number of international hedge funds will explode on the spot.
At this moment, Lu Ming took another look at the North American treasury bond market.
The quality of the stock market depends on the liquidity of the financial market, and the quality of the liquidity of the financial market fundamentally depends on the quality of the liquidity of the government bond market.
The liquidity of the government bond market has long been hijacked by those hedge funds who engage in high leverage and basis arbitrage.
Lu Ming made this move this time because he took a fancy to the fact that a large number of hedge funds are playing basis arbitrage with a leverage of more than 50 times. This will lead to a money shortage and easy collapse of the market, just like in a market, most players
Crowded to the side of the boat.
Originally, the players on both sides were half on one side, so that the ship could move forward smoothly. Now all the players are crowded to one side, causing the ship to become more and more tilted. At this time, the impact resistance will inevitably drop sharply.
One wave can capsize the entire boat.
"It seems that the United States can only announce an interest rate cut in advance this time." Lu Ming murmured with a smile. If he does not come out to restore market confidence, the price of pulling it back will be even greater.
The global economy has once again fallen into a cold winter this year, and pessimism has spread in the market. Since the end of last year, major global economic organizations have issued warnings one after another and have revised down their global economic growth forecasts. Economic data, led by manufacturing P fans, the leading economic indicators of various countries, have continued to decline.
.
However, this does not prevent Tiansheng Capital from making money all over the world. The greater the crisis, the higher the returns of financial giants. This has always been the case.
