After Ruixing Coffee experienced an intraday surge of +139% and its market value reached the tens of billions of dollars, its stock price continued to maintain a strong upward trend in the following days.
By October 24, Lao Lu had completed his more than half-month trip to New York and took a flight back to China on that day.
It has to be said that the efficiency is extremely fast, but there is no other way. Lao Lu is currently very popular on Wall Street and is extremely popular. Investors are waving their money and rushing to get on the bus.
Wall Street investors never dreamed that they would say goodbye to Lao Lu this time and never see him again.
On this day, the stock price of Ruixing Coffee had soared to US$80 per share, which was much higher than the US$51.380 per share in Lu Ming's previous life.
The exact figure is that the highest point reached US$80.256 per share. At that time, after completing the capital increase and share expansion, Ruixing Coffee's total securities share capital had reached 251.7969 million shares.
In other words, Ruixing Coffee’s current market value is US$20.208 billion, or approximately RMB 142.5 billion.
In the last few days after returning to China, Lao Lu didn't just brag with Wall Street investors, he was still busy with business, which was cashing out.
When Ruixing Coffee's stock price rose to the $73 price range, Lao Lu pledged 30.53% of the total equity in his name, 56% of which was approximately 46 million shares.
The market value of these 46 million shares is 3.365 billion US dollars, about 23.5 billion yuan. Lao Lu pledged the 23.5 billion worth of stocks at a price of 12 billion, which means he cashed out 12 billion.
The financial institutions on Wall Street took a look and thought, this deal is super cost-effective. If you don’t make money, you’re a bastard, let’s do it!
Then Lao Lu’s subordinate, Ruixing’s CEO, pledged and cashed out 10 billion yuan, and his sister pledged and cashed out 7.5 billion yuan. The three of them successfully cashed out a total of 29.5 billion yuan and returned to China.
The stock was given to Wall Street, now it's in your pocket, bye bye!
The three of them shared 19.5 billion of the 29.5 billion that Lao Lu and the others cashed out, and the other 10 billion was their hard-earned money given to Tiansheng Capital.
After Tiansheng Capital got the 10 billion, it had nothing to do with them. How they divided the remaining 19.5 billion was their business, and Tiansheng Capital was not interested at all.
…
At that time, Ruixing Coffee was constantly moving and happy.
The company has become famous in China recently and is also a superstar unicorn in the Wall Street capital market. Wall Street investors are silent in the wonderful ambition of being able to count money while lying down in the future.
On the domestic side, the CEO of Ruixing Coffee is rumored to be competing for the title of "Top Ten Economic Figures of the Year" in 2019. The "Top Ten Economic Annual Tasks Selection" is an annual economic event and is known as the "Top Ten Economic Figures of the Year" in the domestic economic circle.
"Oscar" is coming.
Apart from anything else, if Lao Lu's team didn't have "Oscar"-level acting skills, they wouldn't be able to fool Wall Street investors into thinking. If they can win this award, they will definitely deserve it.
…
On the days when Ruixing Coffee's stock price was sprinting to 80 US dollars, in the domestic capital market, Big A's five consecutive positive rebounds after the holiday were confirmed to be good news. It did not break through the previous high, but dived again from 3042 points.
In the market situation on Monday, October 21, the market system once again tested the support of the 2900-point integer mark.
The market does not dare to break through upwards because the third-quarter results continue to release thunderous results.
At the beginning of the month, the concept of pre-increase in the third quarter report was hyped. A lot of funds took advantage of this window period to push up some stocks. When the performance came out, it was a good time to cash in. If the performance was not as good as expected, it would be immediately deprecated. Even if the performance was good or not, it would rebound after the trend.
It has to be smashed down.
With the market going like this, Tiansheng Holdings is also adjusting and intends to take this opportunity to cover the gap on October 14.
I have to say that filling gaps is the characteristic of Big A. The market almost always makes up for any shortfalls. Other markets basically do not have such gaps that must be filled, but Big A is really weird.
Even Tiansheng Holdings now likes to fill gaps. The huge market value is an important reason. Now the total market value of the entire GEM cannot reach Tiansheng Holdings. It accounts for more than 20% of the Shanghai Stock Index and the Shenzhen Component Index has a total market value of 219,700.
Billion, the king of stocks accounts for more than 38% of the Shenzhen Component Index. Although it is an individual stock, it is not far behind the stock index.
…
Friday, October 25, around 10 a.m.
"The company's third quarter financial report has been audited. When will it be disclosed?" Han Qiulin came to Lu Ming's office and also brought Tiansheng Capital's consolidated performance report for the third quarter of this year.
The performance disclosure for the third quarter will be disclosed on October 31 at the latest, so there are only a few days left to calculate.
"Send it out now."
Lu Mingyan said concisely and concisely. He was staring at the computer screen next to him, which showed the situation of the A-share market in early trading today. It plunged at the opening, and the market was still under pressure due to poor performance. He wanted to break out the good news to cheer everyone up.
Han Qiulin nodded immediately after hearing this and left the office to carry out the financial report release.
After a while, Lu Ming turned off the market software, glanced at the third quarter performance report materials on his desk, and opened it.
According to the third quarter financial report data, operating income was 583.695 billion yuan, a year-on-year increase of +3261.91%; net profit was 415.886 billion yuan, a year-on-year increase of +3150.12%. It is the most profitable company in Big A and the king of stocks.
According to disclosed data, as of September 30, 2019, Tiansheng Capital’s net assets at the end of the period were 9.533627 billion yuan, a year-on-year increase of +270.25%. It soared 2.7 times in one year, which is not unreasonable.
In fact, this is because it previously distributed 1 trillion yuan in dividends. Without the semi-annual dividends, Tiansheng Capital's current net assets would have exceeded 10.5 trillion yuan.
Solid fundamentals are the core logic that supports Tiansheng Holdings' current market value.
In addition, according to data, the assets under management of Tiansheng Capital are 18.73 trillion yuan, a year-on-year increase of +312.79%. Last month alone, 22 overseas capital institutions came on board and contributed nearly 1.5 trillion yuan in asset management scale.
The total scale of Tiansheng Capital’s own assets + assets under management is 28.263 trillion yuan, excluding exchange rate changes, it is 4 trillion US dollars.
However, Tiansheng Capital also has an invisible asset of 1.56 trillion yuan, which has not been reflected in the financial report through some accounting techniques, so the actual real data should be 29.823 trillion yuan, about 4.23 trillion U.S. dollars.
This invisible asset is a firewall Lu Ming has arranged for the company to ensure the company's stable performance in the future.
…
Half an hour later, Tiansheng Capital released its third-quarter financial report, and its stock price rose sharply in response, leading the market to bottom out and rebound, fluctuating all the way up.
After the market closed, Tiansheng Holdings' stock price closed at 109,943.88 yuan, up +4.32%, with a turnover of 29 billion yuan.
During the trading session, most investors thought that the stock market kings would directly raise the daily limit today to celebrate this blinding third quarter report. As a result, the market only showed a positive line.
In fact, Tiansheng Capital's third quarter report had already reacted in advance when it was pre-disclosed. It started to rise from 92,782.55 yuan, and as of today's closing price, the cumulative price has increased by +18.49%.
The third-quarter financial report officially disclosed today is in line with the market's previous expectations, and the stock price has fulfilled its expectations. It has brought the stock price back up after the market's previous dramatic adjustment in the third-quarter report. At the same time, it has also made up for the short jump on October 14 today.
