Chapter 981 [What to do with the institutions that hold the stock king? 】
Just after the announcement that Tiansheng Holdings was taken over by ST came out, Lu Ming's personal social media account has been flooded by fans who are following him. The message area under the latest news is full of the latest messages from investors, and the private mailbox has always been
The status is [999+], and Lu Ming has never clicked on a private message.
Summarizing the content of everyone's messages, the thing they want to know most is whether Tiansheng Capital is really ready to explode.
At this moment, Lu Ming was indeed diving to read the content of the message, but he did not jump out to make any response, and after reading it for a while, he stopped paying attention to the public opinion on the Internet.
As time went by, Tiansheng Capital was on the top of the Internet search in the afternoon. The hottest thing in the capital market during this period was Wanxiang Group, but the popularity of Tiansheng Capital was not weak. As soon as the ST incident came out
, also made Tiansheng Capital’s popularity rise again.
It was originally during the holidays, everyone was on vacation, and they were worried about having nothing to eat.
Tiansheng Holdings was capped by ST, which quickly triggered a series of major and minor problems. This stock is almost 100% purely institutional, that is, there are almost no retail investors in it, and they are all institutional investors.
Foreign capital, insurance capital, social security funds, public funds, private funds, etc.
Now that it has been confirmed that it has been ST, investors are paying attention to and discussing a key issue. Many institutions cannot hold ST shares. Because of this problem, the current capital market feels like a mess.
When the news about ST just came out, many investors mentioned this matter. So many public funds have gathered together to join the stock kings. What should we do now? Do they all have to liquidate their positions?
However, according to the "Securities Investment Fund Operation and Management Measures", the investment objects of public funds are mainly: listed stocks and bonds; or other securities and their derivatives specified by regulatory agencies. There is no express provision that cannot hold ST stocks.
According to the "Private Equity Fund Management Measures", private equity funds can purchase ST shares, and the position of purchasing a single ST stock cannot exceed 5%.
In fact, it is true that many public funds have held ST shares, and there are many examples.
Generally speaking, although there is no rule that funds cannot buy ST stocks, they rarely invest in ST stocks or have very few investment positions in ST stocks. Some funds may lurk in advance ST stocks whose performance is about to reverse expectations, because such funds
The stock is about to be decapitated. If you lurk in advance, you can buy it at a lower valuation position, and you can get a more generous return on investment in the future.
This issue is actually quite complicated, because there are different types of fund institutions and the degree of supervision they receive is also different, and some public fund companies are also prohibited from buying ST stocks.
There are relevant regulations from regulatory agencies outside, and each fund company also has its own internal regulations.
In addition, there are no restrictions on social security funds. You can buy ST stocks. Social security funds hand over part of the pension insurance funds to professional institutions for management. For example, Tiansheng Capital has received many asset management entrustments for social security funds and is a major core
One of the members of LP, used to maintain and increase the value of funds.
Under normal circumstances, the investment targets of social security funds cannot be stocks with high risks. Generally, blue chip stocks with better performance are chosen.
But Tiansheng Holdings is a standard blue-chip stock, and it is a blue-chip super big butt. It has been stung, and it is a long-lasting miracle, which shocked investors.
However, this afternoon, another type of funds became the focus of attention, that is, how to deal with the ST originally held by insurance companies has become a major focus of the market.
No one was named, but everyone knows that this question is asking Tiansheng Holdings, which holds insurance capital. Now that the ticket has been stung, how should it be handled?
For this reason, a series of questions have been raised in the market. What should insurance companies do if they have invested in ST shares or the stocks they have invested have turned into ST shares? Will a "one size fits all" approach be adopted to solve the problem?
You know, the day before yesterday, when the stock king reversed his car and came back to pick up people, and when he walked out of the golden needle to explore the bottom of his long legs, the large funds entering the market included insurance funds.
These markets, including insurance companies, were puzzled by the suspense, and quickly received a response from the Insurance Commission.
As for how to dispose of ST stocks already held by insurance companies, the relevant person in charge of the Insurance Council has a very clear attitude, saying that a "one size fits all" policy will be implemented, that is, insurance companies must liquidate their ST stocks.
As for what should be done with the stocks invested by insurance companies that turn into ST stocks, the relevant person in charge of the Insurance Commission also pointed out that the biggest principle followed in the investment of insurance funds is the principle of soundness, and the pursuit of safe value investment, but due to the market
It is indeed possible to change the stocks you invest in and turn them into ST stocks.
There is nothing wrong with this, stock kings can be stung, and anything is possible in this market.
Therefore, based on the actual situation, the person in charge of the insurance committee said that for such stocks that have transformed into ST, they hope that insurance companies will choose the opportunity to sell them, but there is no hard and fast rule.
As soon as the outsiders watching the excitement saw the insurance meeting saying that it would be a one-size-fits-all approach and insurance funds must liquidate their ST stocks, they started shouting that ST Tiansheng was gone, and the opening after the holiday would definitely drop by the limit, and it would drop by the limit continuously.
rhythm, because institutions have to clear their positions due to relevant regulations.
But as long as you use your brain a little more, you will realize that although the wording of the bond meeting is very strict, which is not wrong, it does not give hard and fast rules!
Just let the insurance capital be sold at the right time.
Then the answer is out. The normal understanding posture is "flexible clearance".
Another meaning of selling at an opportune moment is that you don’t have to sell immediately now. You have to choose an opportune moment. You can sell 100 shares today and another 100 shares tomorrow. Is it okay to resolutely implement the management’s regulations?
So the secret is just one word - drag!
Just drag it and it's done.
As long as it waits until ST Tiansheng takes off its hat, lifts the risk warning, and restores "Tiansheng Holdings", then there is no need to sell it.
This is a very perfect and wonderful tacit cooperation. It depends on whether the major institutions understand it properly.
For the capital market and the majority of investors, another major event of concern during the May Day holiday is this year’s annual shareholders’ meeting of Tiansheng Capital.
In addition to so many things going on in the company recently, and none of them seem to be good things, the annual shareholder meeting, which is attracting attention every year, is regarded as an annual event by the investment community. As a result, at this juncture, the company was slapped with a hat, and it was really
A little embarrassing.
…
Monday, May 4th.
Tomorrow is the day of the much-anticipated general meeting of shareholders of Tiansheng Capital, and it is also the day to celebrate the fifth anniversary of the establishment of Tiansheng Capital.
However, just when everyone started to talk about Sheng Capital's annual shareholder meeting, stock god Warren Buffett forced a wave of popularity today. According to the latest news from Reuters, the old man bought back the shares on April 28th and 29th.
Delta Air Lines stock.
I just cut the meat some time ago...
Domestic investors couldn't sit still, and were dumbfounded by the news. According to Reuters, the stock investor not only took it back, but also increased his position by US$60 million.
The stock investors were immediately happy when they saw the operation of the stock god on Delta Airlines. It turns out that the stock god also uses the "s-b" strategy?
No wonder that on April 28 and 29, Delta Air Lines’ stock price rose sharply by +9.84% and +12.24% respectively. It turned out that the stock gods were buying heavily.
Everyone quickly thought of Lu Ming’s comments on social media about the stock market star cutting off Delta Air Lines. At that time, brother Yi sang a wave of dissent. Unexpectedly, the stock god turned around and took advantage of the situation just a few days after cutting off the stock market.
Many people think that the operation of Delta Air Lines, the stock god who cut off the stock market, and took it back and then angrily increased the position, was most likely influenced by Brother Yi's dissent. They went back and studied it carefully, and felt that it really shouldn't be cut, so they admitted their mistake and took over the stock.
return.
What makes investors even more happy to see is that after the stock god took back Delta Air Lines, it has fallen sharply in the past three trading days, which is also embarrassing. Especially today, Delta Air Lines once plunged nearly 15 percentage points during the session.
After the news of the stock god's return was released, the stock price rebounded sharply, otherwise it would have hit a record low again.
However, after three days of buying, the old man was trapped again by 20 points. The stock investors were also happy to hear this. Seeing that the big boss was still eating noodles and being beaten repeatedly, they felt inexplicably happy and joined in the fun one after another.
However, the popularity of this matter did not last long. With the arrival of May 5, investors from all walks of life focused on Tiansheng Capital’s annual general meeting of shareholders.
