Rebirth: The Financial Giant

[Tiansheng Capital released a short-selling report a few days ago. The company's QDIE Fund announced that it would spend $35 billion to short six stocks of GE, GE, KOF, REGN, CMG, and DXCM! ] -- "Wall Street Journal"

【Heavy! Tiansheng Capital announced 235.2 billion yuan to short six major US stock listed companies! ] - "Financial Association Telegram"

[Tiansheng Capital sold short the North American industrial giant General Electric for 67.2 billion yuan. The company's current market value is 220 billion US dollars, or about 1.47 trillion yuan! ] - "Tonghuashun Express"

[Tiansheng Capital's short-selling report claims that General Electric Group is accused of financial "black box operations", and the US Securities and Exchange Commission (SEC) may intervene in the investigation! 】--"World Wide Web"

[Tiansheng Capital downgraded its ratings on the six major companies GE, KOF, REGN, CMG, and DXCM. Tiansheng Capital analysts warned the market that there are major problems and hidden dangers in the six companies, and the major disadvantages have not been exhausted] - "East "Financial Telecom"

[According to relevant sources, Tiansheng QDIE Fund bought put options of six major companies including General Electric! 】--"Financial Times"

...

The release of Tiansheng Capital's short-selling report has caused a huge sensation in the domestic and foreign capital markets, and it has also made headlines in the media, and foreign media are also reporting on this matter.

"The New York Times" and "The Wall Street Journal" are citing reports that these media represent the mouthpieces of Europeans and Americans, and even help to expand the reports of bad news, which makes many people who eat melons in China feel puzzled and think that the sun Hit the west rise.

I thought it was fake news, but after a closer look, it was true, and I suddenly felt like I had seen a ghost.

In fact, it is not difficult to understand just by looking at where the stakeholders are. This time, 80% of Lu Ming's short-selling action is inextricably linked to several top capital institutions on Wall Street.

When they help Lu Ming, they help themselves.

And the domestic media has carried out overwhelming coverage of this incident. Tiansheng Capital is a domestic financial institution, and it has made such a big move in the European and American capital markets.

A big book feature report is required.

This kind of incident naturally has a strong eyeball effect in the mainland. In the eyes of most ordinary netizens who eat melons, the first brother is playing with people of Magnesium. Everyone loves to watch this kind of thing, and the media is naturally willing to hype it up. Feel free to go up.

"I'm rubbing, first brother, do you want to be so fierce, shorting General Electric, the plate of 1.5 trillion oceans!"

"GE has been down for a year since peaking at $33 last June."

"No, did I read it wrong? The short-selling report said that GM's stock price saw $5.5? This... This is General Electric, the pride of old America, the symbol of Magneto's industrial glory, how could it fall to $5.5? "

"The news is refreshing, the pride of the people of Magnesium, General Electric, who won two Nobel Prizes, helped Laomei win the world war, trained nearly 200 Fortune 500 CEOs, and even trained veterans. The president of the United States, now in such a situation... was stabbed in the **** by the first brother, haha!"

"By the way, GE has been making frequent moves this year. The French power giant Alstom was finally killed by Lao magnesium. GM is integrating, and the giant Baker Hughes is also integrating and acquiring. Did the first brother find out that GM is engaged in a black box? Operation? Is there an unspeakable secret?"

"We don't know, we don't dare to ask, and we can't tell."

"I found a piece of news on the Internet that Tiansheng Capital's research team wanted to enter GE's research, but was unable to enter the company and was rejected!"

"There may be a real problem, otherwise, the first brother would not dare to short GE for more than 60 billion yuan. He must have seen important and obscure information that we did not see. Everyone forgot whether Tiansheng Capital's financial inquiry to Leshi was not. ?"

"General Electric fell yesterday and almost failed to hold the $25 mark. The platform is in danger of breaking out. However, the resistance of the bulls is indeed very strong. The first brother did not break the $25 mark."

"I'm thinking about a question, will the first brother be so arrogantly shorting General Electric, which the old beauty is proud of, will he be sniped?"

...

Tiansheng Capital released a short-selling report. What is more interesting is that the hot agenda of the event on the domestic Internet is far higher than that of foreign countries. Somewhere on the Internet also launched a hot discussion on "how to evaluate Tiansheng Capital's shorting of the six major US-listed companies".

Unexpectedly, it has become popular in China. Not only the capital market is focusing on this topic, but also less related netizens who eat melons have also paid a lot of attention.

In the eyes of netizens who do not know the truth, this is a PK between domestic financial institutions and Wall Street, and some media are also intentionally guiding in this regard, so everyone is very concerned.

Watching the fun is never too big of a deal.

Over the years, most people in China have heard that foreign capital is shorting the domestic stock market again, and is shorting this and that.

In the eyes of many people, short-selling is an evil behavior, and many people will immediately think of Soros, the famous short seller in the world.

Therefore, many people in China naturally have a sense of admiration for Tiansheng Capital and a sense of expectation when they see this news, and also hope that financial institutions in their own countries can win in overseas markets.

However, the short-selling mechanism itself is a market mechanism, which has a positive side to the capital market and can make a listed company with an inflated valuation return to a normal and reasonable value. Of course, in fact, the short-selling mechanism is more amplifying the speculative nature of capital. and cut leeks.

For domestic melon-eating netizens, no matter whether short-selling is evil or not, even if it is evil, but the spearhead is aimed at the evil Magnesium Emperor, domestic melon-eating netizens express their support.

The current domestic public opinion is not a bad thing for Tiansheng Capital.

However, people in the capital market are most concerned about shorting itself, especially shorting General Electric, which has attracted much attention from domestic and foreign capital markets.

GE announced its second-quarter earnings report last month, which showed that the company's revenue and profit both exceeded expectations, with revenue of $29.6 billion and adjusted earnings of $0.29 per share.

But it is not as good as the performance of about $33 billion in revenue and $0.51 in adjusted earnings per share in the same period last year, which is also Tiansheng Capital's "concern" about GE in its short-selling report.

In fact, although General Electric's financial report exceeded expectations, concerns still exist. In the second quarter of this year, the company's industrial sector revenue and profit fell by 2% and 4%, respectively, and the oil and gas sector's performance fell.

In addition, there is also General Electric's cash flow problem, which also appeared in Tiansheng Capital's short-selling report.

General Electric's cash flow problem has been widely concerned for a long time. Data in the second quarter of this year showed that operating cash flow and cash flow generated by the industrial sector improved, which were $3.5 billion and $1.5 billion, respectively. However, the report of Tiansheng Capital pointed out that GM Electric's cash flow in the first half of this year still fell sharply year-on-year.

In fact, the cash flow dilemma that GE is facing today~www.novelmt.com~ The flickering of Warren Buffett also contributed a lot.

When General Electric was brilliant, the cash flow was huge, and Buffett, the stock **** who held the stock, fooled GM's executives with money to buy back the stock, thereby driving the stock price to rise, and then the stock **** ran away in a high-profile manner.

This kind of thing happened not only with General Electric, but also with other companies. After Buffy bought a company's stock, he liked to encourage the CEO to buy back the company's stock. For example, the stock **** is still encouraging Cook to buy back the stock. Apple's stock has also continued to break out of record highs.

If GE had used cash flow for the development and expansion of the company instead of buying back shares in the capital market, the situation would have been much better than it is today.

However, he fell into the trick of the stock gods. Of course, there are also factors of the CEO's own selfish desires. The stock price rises and the KPI performance is outstanding. Therefore, it can be said that it is the result of each taking what he needs and having the same interests. Anyway, he is a professional manager and a senior worker. If you can't go on, it's a big deal to resign and leave.

With this GE ticket, the stock **** has long since left the market, patted his **** and left. It can be seen that this bad old man is also very bad.

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