Chapter 898 [Dispel the rumors, the market is still in turmoil]
In the afternoon, Tiansheng Capital Headquarters, Chairman’s Office.
Lu Ming was sitting in the office and had just finished a call with the village chief. After the news that he had been diagnosed broke out online, the village chief was frightened and called him immediately to confirm.
At the same time, Lu Ming's phone number had been bombarded by various LP agencies. As soon as he finished the call with the village chief, Wang Yue, the CEO of Wanxiang Group, called. After hanging up, the phone rang again.
Lu Ming, who was extremely annoyed, simply turned off his phone and suddenly felt that the whole world had become quiet.
When he saw the news, Lu Ming finally understood the intention of the Kongtiansheng Holdings organization. It turned out that they wanted to use the black swan to create a panic about "key man risk".
So far, it seems to be working very well, and the whole market is shocked.
After a while, Lu Ming stopped thinking and immediately picked up the landline phone on his desk and called the assistant's office: "Qiulin, immediately refute this news in the name of the company."
Han Qiulin: "Okay."
Lu Ming put the phone back, logged into his personal social media account at the same time, raised the phone high, took a selfie of himself, edited a witty text, and updated the news together:
[I just took this photo. The handsome guy in this photo is high-spirited and full of energy. He is the most handsome guy in the ten streets walking on the street. Does this look like he has been diagnosed? This is what the diagnosed person will look like? So let’s leave it alone, confirmed.
The statement is false news, and the assistant has been asked to call the police.】
Not long after Lu Ming posted his blog, Tiansheng Capital also issued a public statement in the name of the company:
[Tian Sheng Capital reported online at around 13:00 pm on February 27, 2020 that Lu Ming, the founder, actual controller and chairman of Tian Sheng Capital, was diagnosed with the disease, which aroused great concern from all walks of life. In this regard, the company stated as follows:
1. The "diagnosis" of Mr. Lu Ming, the founder, actual controller and chairman of Tiansheng Capital, is a rumor. Mr. Lu is currently in good health and well.
2. We will reserve the right to pursue legal liability for those who fabricate facts. Currently, the company has reported the matter to the police, and we also ask all sectors of society not to believe and spread rumors.
3. We sincerely apologize for the excessive occupation of public opinion resources by this matter.】
…
Tiansheng Capital came out to refute the rumors, which can be said to be very timely, but it is still a lot slow for the frightened capital market.
In particular, Lu Ming shut down his phone, which caused a large number of members of his core LP organization to panic to death. The company's phone numbers were ringing off the hook. Even though they learned that everything was fine, the LPs were unsure, such as Wang Yue.
, old friends like Lin Qiang, they can only feel at ease if they hear the words from my own mouth.
The capital market is even worse. Just a few minutes after Lu Ming shut down his computer, the capital market reacted quickly. Tiansheng Holdings was directly blocked and its stock price hit 150,000, 140,000 and 130,000 within 24 hours.
The integer mark of 10,000 yuan was pressed to the lower limit, and the stock price fell to 127,203.67 yuan, with a market value of 10.17 trillion.
In one day today, Tiansheng Holdings’ market value evaporated by 1.13 trillion yuan.
Just after Lu Ming personally posted a blog post, and Tiansheng Capital issued a statement refuting the rumors, Tiansheng Holdings, which was stuck on the lower limit, was soon pried open, and the decline narrowed to -7.86%, but at the end of the day
The market was pushed below the limit again.
The closure of the lower limit again highlights that investors are still panicking and still have doubts in their hearts, because last weekend, Tiansheng Capital reported that an employee was diagnosed with the disease. Didn't the Tiansheng Composite Index be closed because of this?
This is critical.
The news that is going viral on the Internet is indeed not credible, but then again, is your statement from Tiansheng Capital necessarily 100% credible? Is it not possible that the truth is covered up in order to stabilize everyone?
Also, you, Lu Ming, are indeed full of energy when you post a blog post and post a selfie, but it doesn’t rule out that you are asymptomatic!
In short, some investors would rather believe that they have it, so they smash the market and flee.
Regardless of whether the news is true or not, come out first and then talk about it. There is no need to bet on big or small.
When this incident broke out, Tiansheng Capital's "key person risk" became the focus of investors' discussion again.
Everyone discovered that the risks of Tiansheng Holdings are actually very high. The future of the company can almost be said to be bound to one person. If something happens to this person, the company will be doomed. Even if it does not collapse immediately, it will decline from there.
.
Obviously, investor confidence has still been affected.
The most important thing in the capital market is confidence. This thing cannot be seen or touched, but its impact on the capital market is real.
Because confidence will affect investors' strategic adjustments, it will eventually be reflected in the capital market, and the intuitive manifestation is the rise and fall of the underlying prices of related assets.
After the close, the Shanghai Composite Index plummeted -4.37% to 2856.46 points. It once stood at 3000 points during the session. Due to the collapse of the stock king, it directly broke through 3000 points and 2900 points. More than 500 stocks in the two cities were pressed to death on the lower limit board.
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Tiansheng Holdings closed down -10.00% today at 127203.67 yuan, with an after-hours market capitalization of 10.17 trillion yuan. The trading volume of the stock king today was terrifying, reaching a super terrifying 228.6 billion daily volume, accounting for 36.59% of the total trading volume of the Shanghai Stock Exchange Index, which is also
It exceeded the total trading volume of the entire GEM today.
This is not the first time that a stock king has surpassed the total trading volume of the entire GEM, but this time it is different. Today’s surpass is based on the fact that the total market volume can stand on the background of a trillion trading volume.
This is no ordinary horror.
This shows that today's news has caused great psychological fluctuations for the investors of Tiansheng Holdings, and their expectations for this stock are also lowering.
The active trading volume of the stock kings in recent times is also scary. Who is selling and who is buying? What is the story here? Is this shipping or a replacement of old and new institutions?
Because there are currently no retail investors in this vote, the few scattered ones can be completely ignored. This is where big institutional funds are playing the game.
The market is very worried that the stock king has recently built a top at a high level. If this is a top, it will definitely be a cosmic top.
But if we look at it on the other hand, this is a "change of banker" in a certain sense, then this position is building a bottom and consolidating, indicating that there will be even more exaggerated heights in the future.
But under the current situation, the market is generally more worried about the former rather than the latter.
It is much easier for the stock king to fall than to rise. You must know that if it doubles now, the total market value of the stock king will soar to 20 trillion. How much capital will it take to top it?
It’s incredible to think about.
In addition, Tianchi Technology also closed at the limit today, and the stock price on the Science and Technology Innovation Board fell by -20%. Tianchi Technology's limit-down logic basically has a lot to do with Lu Ming.
The reason why this company can still operate now is because its parent company Tiansheng Capital takes care of the bottom line, and the key to this is Lu Ming's strong support despite all the opinions.
Assuming that something happened to Lu Ming, and Tiansheng Capital loses control, will the new leader continue to follow Lu Ming's strategy? This is a huge uncertainty, and investors are voting with their feet at this time, and they will come out first.
Good fortune and misfortune never come singly. Just tonight, the North American commodity market plummeted, which in turn triggered another plunge in the US stock market.
Big A will face double pressure tomorrow. A stock market king has pushed Big A from 3000 points to 2900 points, and the limit is still sealed. The U.S. stock market collapsed again tonight. As for the A-share market tomorrow,
