Rebirth: The Financial Giant

"The extra 20 billion yuan should be added to the existing constituent stocks to follow up." Lu Ming arranged that: "You can go to large-scale transactions at a premium, and enter as soon as possible, the later the cost will be higher, now these votes They keep hitting new highs.”

"Understood!" Li Mingyang nodded, Lu Ming explained a few more words, and Lao Li left the office and went to the trading room.

Today, the last trading day of the week is about to start the call auction time. Lu Ming did not go to the trading room. The current market is a blue-chip big **** ticket with no brains, and the market is drinking, taking medicine, driving and playing soy sauce. Pretty mindless, basically no technical content.

Naturally, Lu Ming can't go against the general trend. The current market is "beautiful and core assets". Retail investors will soar if they don't come, and they will continue to rise if they don't come. Now, as long as they buy first- and second-tier blue-chip stocks, All made money.

Tiansheng Value Growth Mixed Fund distributed cash dividends of 200 billion yuan this time, but one of the constituent stocks held so far has not been moved, and will buy more than 20 billion yuan in additional positions today.

Yesterday, 7 million Christians bought 100 billion madly, and the actual fund of the fund has now reached more than 370 billion, because it is actually an unmoved one.

After chasing up more than 20 billion yuan today, the cash flow on the fund's book is still more than 70 billion yuan, and this money will not be moved any more. At the same time, LPs have collected the remaining more than 120 billion yuan, a total of 200 billion yuan. for cash dividends.

However, in addition to the lightning remittance of more than 10 billion yuan from Chaoyun Trust, other LPs have to arrive in the account in the next month.

However, the fund dividends will have to be paid into the account of 3 million Christians next Monday. This weekend, the two weekends and weekends, the Tiansheng Value Growth Mixed Fund Management Department has to work overtime to distribute the money.

The money that LPs did not get should be made up with the current liquidity of Tiansheng Capital. At this time, it reflects the importance of having hundreds of billions of liquidity in hand at all times.

In this way, when the 200 billion cash dividends are remitted to the account of 3 million basic citizens next Monday, the capital of Tiansheng Value Growth Mixed Fund will fall back to 170 billion.

At the same time, the corresponding holdings of constituent stocks will also be reduced, but they will not be sold in the secondary market, which belongs to the owner change within Tiansheng Capital.

At the same time, Tiansheng Tiansheng Value Growth Mixed Fund also normalized the net value by the way.

...

In the president's office, Lu Ming is currently drafting a document for the issuance of convertible bonds.

Tiansheng Capital is going to borrow.

But it's not because of lack of money, Tiansheng Capital now has nothing but money left.

The reason why Lu Ming decided to issue convertible bonds was that he had just read an article that was widely circulated among the industry and shareholders.

The contention points directly at the unattainable share price of Tiansheng Holdings, which has now stood at more than 10,000 yuan, which means that it will cost more than 1 million yuan to buy Tiansheng Holdings.

And that article hula said a big pass, and finally wanted Tiansheng Holdings to carry out a stock split and split it to a share price that ordinary retail investors could afford. Standing at a moral high point, I called on Tiansheng Capital to allow the majority of small and medium investors to also Enjoy the dividends of the company's development and also have a sense of gain.

This article is very popular among retail investors, and on another level it also represents the urgent expectations of most small and medium investors.

That being the case.

Lu Ming had no choice but to uncover the scars of the market.

The issuance of corresponding convertible bonds to respond to the market's expectations is to tell the market a cruel reality, and the end of the share split of Tiansheng Holdings must be nothing.

The Chinese people's gambling nature is too crazy. It can be seen from the fact that some gamblers in ancient times sold their wives and daughters and continued to gamble after losing their families.

The shares were split to 10 yuan per share and 100 yuan per share. In the end, retail investors must flock together and frantically overdraft their performance in the next five or even ten years. In the end, they rose and fell sharply, and they were cut off.

If you issue a corresponding convertible bond, if there are not many, you will issue a plate of about 30 billion and throw it into the secondary market.

Go fry, convertible bonds are still traded at T+0!

If the vast majority of retail investors in the market are rational, then convertible bonds should follow the underlying stock, and the premium rate will not be too high. The 30 billion plate is definitely the super-sized target of convertible bonds, and most of them can be Convertible bonds are worth hundreds of millions.

Today, the latest convertible bond was listed, and it is also the largest convertible bond subject in the market so far, that is, the Guodu Convertible Bond issued by Cathay Junan, with an issuance scale of 7 billion yuan.

Lu Ming intends to borrow 30 billion yuan for Tiansheng Capital. If he wants to raise such a large plate of hot money, he has to use his strength, so he has to rely on retail investors to support him.

If most retail investors in the market are irrational, then the market price fluctuations of Tiansheng Convertible Bonds will definitely deviate from the underlying stocks by a large margin, and the ups and downs will be frenzied.

Issuing convertible bonds for debt financing is actually a good thing for Tiansheng Capital, which is not short of money. Borrowing money based on its ability can create greater profits compared to interest. Debt-to-equity swaps also It doesn't matter, if the debt-to-equity swap is done, the company will use the money to repurchase and cancel the shares, and the 80 million shares will remain unchanged.

When will Tiansheng Convertible Bonds be able to discuss the issue of stock splits with the underlying stock?

Tiansheng Capital currently has only one of the seven conditions required for the issuance of convertible bonds, that is, "the average profit margin on net assets in the last three years is above 10%", and all the other six conditions are met.

It is mainly the company’s backdoor listing, but this condition can be met in half a year, and now it is possible to prepare and apply to the CSRC for the issuance of convertible bond documents, accept the application and obtain approval within the next three months. The additional issuance will be completed within six months, and the time is just right.

Preparations are now underway, and convertible bonds will be issued and listed by around February next year.

Don't worry about this, just decide to hand it over to the company's subordinates to deal with it. Tiansheng Capital wants to raise debt and issue convertible bonds. There are a lot of people who buy it. Borrowing money is less worrying about not being able to borrow money.

...

18 o'clock in the afternoon.

Somewhere in China, an ordinary man was eating Mala Tang at a roadside stall. While he was eating, he took out his mobile phone and opened the Zhifubao Fund platform to take a look. Today, he subscribed for Tiansheng Value Growth Mixed Fund. , I bought 50,000 yuan directly in one go. If I bought it before 15:00 yesterday, I would confirm the share today, and the income can be calculated next Monday.

It's good that he didn't look at it. He glanced at it and was a little confused. The list showed that the invalid order had been withdrawn.

"What the hell?"

The man underestimated, and when he saw that he didn't buy it, a nameless fire surged up, and he cursed in his heart.

There is no other way. If you don't buy in today, you can only click on the subscription again, which will delay another trading day.

As a result, the man was dumbfounded. When he switched to the subscription, he found a gray virtual button, and the text changed from "subscription" to "suspend subscription, open for redemption".

What? Can't buy it?

This time people are stupid, even 800 can't buy it.

That's an anger, my heart is already full of 10,000 heads of grass, Nima, and horses galloping past, and the Mala Tang in the bowl is suddenly not fragrant.

In a burst of annoyance, the man clicked into the comment area of ​​the enchantress and took a look.

"Tiansheng Yaoji issued an announcement. In one day yesterday, 7 million basic citizens subscribed for more than 100 billion yuan in one day. The fund had to suspend the subscription and open for redemption."

"Fuck, you crazy bastards."

"7 million Christians work hard for 100 billion a day, it's crazy!"

"I haven't gotten in the car yet...[JPG]"

"Damn it, I'm afraid that my brother will be bought by you... [laughs and tears]"

"Hahaha, Tiansheng Yaoji is on the hot search again. Yesterday, the dividend was 200 billion and it was topped on the hot search. Today, it was a burst of 100 billion and it was topped on the hot search. It's crazy!"

"This year's Jimin is too brutal, and the peer fund company saw it with envy and jealousy to the point of tears, haha~~"

"I'll starve to death if I'm really hungry, and I'll die of waterlogging."

"The news of the past two days is disturbing, and I suddenly feel that I am the poorest in the world, and it is 100 billion at every turn. I don't know, I thought it was Zimbabwean currency."

"You can also see from here~www.novelmt.com~ why there are so many retail investors in Big A, why the leeks can never be cut, and why the cutting is done one after another."

"reality."

"Brothers, Tiansheng Enchantress thank you behind closed doors, seems to have forgotten the Tiansheng Global Pioneer Hybrid QDII Fund next door, I have already studded, the first brother probably didn't respond, Global Pioneer Hybrid has been in the subscription state, don't say me I didn't remind you, maybe this chicken will also stop the subscription!"

When the man who was eating Mala Tang saw the Global Pioneer Mix mentioned in the comment area, his eyes lit up.

Yea, how could I forget about this chicken.

The man hurriedly entered Tiansheng Global Pioneer Mix, glanced at the net worth income curve, and could not help but exclaimed secretly: "Damn, this year's income is actually +73%? This year's income actually outperformed the enchantress?"

When he saw that the fund manager was also named by Lu Ming, the man hurried to work. Although the shares would not be confirmed until 15:00 next Monday, he could subscribe now.

...