Rebirth: The Financial Giant

When the convertible bonds opened, they were suspended from trading and locked in a small black room. They had to wait for the last three minutes of the late trading to come out.

In terms of the trend of the underlying stocks, Tiansheng Holdings continued to maintain a pattern of up and down fluctuations today. The previous few days were all the K-line of the doji.

As time goes by, near the last half and five minutes of the late trading, Tiansheng Holdings has no accident or the end of the cross star today. The feeling of such a trend to investors is that they do not know when they will have to fluctuate before they will change.

For investors who have won the lottery of Tiansheng Convertible Bonds, especially the small ones with only a few tens of thousands of yuan, it is quite good. Winning the lottery of new bonds will usually give a good premium. just sell it.

Tiansheng Convertible Bond's direct bidding suspension today was unexpected, but it is also a good thing. You can earn 300 yuan for 1,000 yuan, and an ordinary late-night snack is also quite good.

However, most people in Tiansheng Convertible Bonds failed to sell in the early morning call auction, and most people planned to sell it today, which means three minutes after the resumption of trading in late trading.

Tiansheng convertible bonds will be under pressure.

The convertible bonds cannot be placed during the suspension period of the Shanghai Stock Exchange, so if you want to trade today, you can only stare at the disk during the bidding period, wait for the resumption of trading, and start the operation.

With the passage of time, less than a minute is left until 14:57, and thousands of retail investors who have won the lottery are ready. Although they are all 1,000 yuan, the ceremony is full of wood.

At 14:57:01, the trading order of Tiansheng Convertible Bonds appeared in an instant at a speed of 0.6 seconds. Due to the poor performance of the underlying stock today, the current conversion premium rate reached +25.89%, the premium The higher the value, the less cost-effective it is to convert shares, so everyone thinks that the current premium rate is too high. After the resumption of trading and the opening of the market, everyone wants to run away.

The time-sharing curve dived directly downward, and the trading volume increased rapidly.

…

At the same time, Jia Changliang, the little leek, who opened an account after the delisting and entered the big A again, has cut his flesh again today. He sold it before the call auction of the Stud Securities ETF at the end of the session.

200,000 account funds are now left with 186,000.

Jia Changliang's mood is very depressed and painful now, because he finds that no matter what he buys, he will lose money.

Be cautious when entering the market for the first time, lose money; play with hot money and catch demons, lose money; invest in small and medium-sized growth stocks at a price, lose money; embrace blue-chip big ass, lose money;

Jia Changliang only felt that his brain was filled with the word "loss", and no one could understand the bitterness and boredom in his heart.

At this moment, the time has come to 14:58, and there is more than one minute left before the market closes today.

He looked at the funds cut out of his trading account, didn't know what to buy, and felt uncomfortable with short positions.

At this time, he thought of the Tiansheng Convertible Bond, which was won by the trumpet, and immediately switched accounts to take a look and plan to sell it as well. It can be seen that the price of the convertible bond has been suspended from trading at 130 yuan until it resumed trading three minutes later in the late trading, diving all the way to 117 If someone bought it at 130 yuan today, it would have lost -10% now.

Jia Changliang suddenly scolded: "Fuck, how can this also dive? This is still selling a hammer? I won't make it for 300 yuan? Nima sells batches!"

In the early trading, I also saw that the yield of convertible bonds was +30%. Now I see that it is constantly diving, and I feel that I have lost more than ten points.

This is a typical price anchoring psychology. It is falling from the low point to the highest point, and there is obviously still a profit, but Jia Changliang psychologically feels that the part that falls is a loss, so he is very upset.

There are the last forty or fifty seconds left before the closing, and the price of Tiansheng Convertible Bonds continues to fall.

At this time, for some unknown reason, Jia Changliang suddenly turned his head when he saw his anger, switched back to the main account, and quickly entered the price of 110 yuan to buy Tiansheng Convertible Bonds, and it was a sum of 186,000 yuan that could be traded in the account. Cang Stud.

Since the price of the pending order is extremely low, the price is prioritized and the transaction is executed directly in seconds when the order is confirmed. The transaction price is 114.300 yuan per piece, and a total of 1631 Tiansheng Convertible Bonds have been purchased.

Not long after the transaction, Jia Changliang suddenly regretted it and wanted to sell it quickly. Fortunately, the convertible bond could be bought and sold on the same day, but when he placed the order, he found that it was already 15:00 exactly...the closing time!

"Ma sells batches, I'm riding a horse to make a mess, am I Shabi?" Jia Changliang growled inwardly, feeling very regretful, feeling that he wanted to die. Looking at the closing price of Tiansheng Convertible Bonds, he sighed helplessly: "Ah~~~"

His account is still green, and the closing price of Tiansheng Convertible Bond is 113.09 yuan, a loss of 1 percentage point.

Jia Changliang has been numb from the big A, and in a fit of rage, he uninstalled the Tonghuashun APP on his mobile phone, and the securities APP was also uninstalled. Just looking at the trading account every day is a terrible day.

"Fall down, let's go through it, and the labor and capital will throw away the 180,000 yuan. Even if it falls, it will be sold at will, Nima will sell it." Jia Changliang scolded, and directly broke the jar. Lost, completely desperate, completely gave up.

Maybe Big A's conscience has discovered it, or maybe Big A can't stand it anymore, and he has tortured others so miserably, so he decides to compensate him.

At this moment, Jia Changliang didn't know that when he was in complete despair, what was in front of him would be the opposite of what's going to happen.

…

At about 17:00 in the afternoon, Tiansheng Capital Headquarters, President's Office.

Su Xiaoman quickly and skillfully sorted out the professional OL outfit and hairstyle she was wearing, took a few tissues to wipe the sweat on her forehead, and when she looked closely, her face was still red.

Obviously, it must have been a fairly vigorous aerobic exercise not long ago.

After everything was settled, Su Xiaoman tilted his head and glanced at Lu Ming who was resting on the sofa with his eyes closed. She suddenly asked, "You have less 'energy' today than usual, why did you shrink it?"

Hearing this, Lu Ming was stunned for a while, then he could not help but open his eyes and look at the sound, seeing Su Xiaoman staring at him with meaningful eyes.

Lu Ming secretly said: Gan... Can she observe such details?

In fact, there is no reduction in the amount today, because the amount was overdone in the early trading, and in fact, the amount was doubled today!

"This is actually..."

Just as Lu Ming spoke, Su Xiaoman smiled and said, "Okay, you don't need to explain, it's probably the beautiful assistant."

"..." Lu Ming was speechless.

Su Xiaoman said leisurely: "Assistant Han is obviously single, but his face is getting more and more radiant. It is obviously the result of frequent nourishment, but it is not difficult to see it through careful observation."

Lu Ming was speechless again, there was nothing wrong with what he said, the logic was hard, and it was true.

"I'm on my way." Su Xiaoman said and left.

Lu Ming was left alone in the president's office again. After lying down for a while, he got up and went back to his desk. He tapped a few times on the keyboard to open the market software.

Lu Ming took a look at the closing of the first day of Tiansheng Convertible Bond's listing.

Closing price: 113.090

Change: +13.09%

Turnover: 2.1 billion

Positive share price: 12753.24

Conversion price: 12350

Conversion value: 103.265

Premium rate: +9.51%

The performance of Tiansheng Convertible Bonds on the first day of listing was quite satisfactory.

The key is to look at the performance of Tiansheng Capital tomorrow and Tuesday after the release of Tiansheng Capital's annual report.

Tiansheng’s convertible debt plate is 30 billion yuan. It is not easy for hot money and Zhuang to pull up. The key is to look at the willingness of thousands of retail investors to participate. This is a mirror that can reveal the gambling nature of thousands of retail investors how big.

The issuance of Tiansheng Convertible Bonds is not a lack of money. Lu Ming wanted to use this to respond to the loud voices in the market calling for Tiansheng Holdings to split its shares.

This is one aspect.

Another aspect of the issuance of Tiansheng Convertible Bonds is the management's intention, which is also to test whether the T+0 transaction is feasible or not after many years of big A, and finally get the data for summary, analysis and discussion .

It can be seen that Tiansheng Convertible Bonds landed in Big A with a hidden mission.

In the last century, the big A used the T+0 rule for stock trading for a period of time, but UU reading www.uukanshu.com turned out to maximize speculation, and finally stopped and changed it to the current T+1 rule.

The convertible bond market has always been a T+0 transaction, but other convertible bond targets do not have the experimental conditions. Only the Tiansheng convertible bond listed today has a super-large scale, high popularity, and super-cap stock at the same time. , Super high-quality performance, the data obtained comprehensively with these conditions has the value of analysis.

None of the other convertible bond targets in the market have these "four super" conditions at the same time.

Thousands of shareholders of Big A do not know at this moment that the Tiansheng Convertible Bonds listed today are a "finding test" given to them by the village chief, and this purpose cannot be stated, as long as it is stated, it is not a pure market behavior. , the resulting data have no analytical value.

At 19 o'clock in the evening, Tiansheng Capital suddenly publicly released the company's consolidated performance report for the 2017 fiscal year.

Once this annual report was released, the entire capital market exploded tonight, making it a sleepless night.

…