Rebirth: The Financial Giant

Today's three major A-share indexes rose sharply across the board and closed, which was beyond the expectations of many people. The Shanghai Composite Index closed up +1.30%, the Shenzhen Component Index closed up +2.74%, and the ChiNext Index closed up +3.52%. Received a physical bald yang.

But what's interesting is that today's market has made many people tangled, and the differences on the intraday basis are actually quite significant.

The most representative one is Tiansheng Holdings. Since the breakthrough in volume on January 4, the stock market leader has once again entered the consolidation stage. It has been trading for nearly a month without knowing it. During this period, several attempts have been made to reach new highs. All impact failed to fall back.

Today, the stock king once again came to the moment of breaking a new high, and it was only a little bit to break through, but if he didn't rush up, it would be tormenting.

Especially those who are big in the financial sector, a large number of people are anxious about the trend of the stock king. Although most of them do not have the position of the stock king, they are very concerned about it and have to pay attention.

In fact, they don't want to pay attention, but if they have positions in the big finance and securities companies, they have to look at the face of the stock king, especially those who have positions in the securities companies.

If the stock market leader does not break through the statement or something, he will not dare to let go of the funds to do it. Tiansheng Holdings will smash it down, not to mention that the entire brokerage sector can’t stand it, and the Shanghai Index may not be able to stand it.

Now the position of the stock king is just a step away from the new high. Is it a breakthrough in the market outlook? Or step back? Always leave a suspense to the market, eh, I won't tell you, you can guess for yourself.

As for the result? You'll know by then, so you're free? Or more?

A lot of funds have been tossed to the death, which is simply uncomfortable.

Why can't the stock king be ignored in today's big financial sector, especially in the brokerage sector? Why do you have to follow suit?

Just look at the market value weight of this sector to know. As of today's close, there are currently 43 stocks in the securities sector, and the total market value of the sector is 5.21 trillion yuan. Among them, Tiansheng Holdings, the absolute weight leader, accounts for 3.18 trillion in market value, accounting for 3.18 trillion yuan. The weight of the entire sector is as high as 61.03%.

Over sixty percent!

The total market value of the other 42 securities companies' stocks totaling 2.03 trillion is only about two-thirds of the total market value of the stock king's family. In this case, can we ignore the stock king's face?

Assuming that the other 42 stocks in the securities sector are all within the daily limit, but Tiansheng Holdings has fallen by the limit on the day. In the case of the entire securities sector with the limit of the other 42 securities companies, the sector still fell by more than -2.2%.

Conversely, even if all 42 stocks in the entire securities sector fall by the limit, as long as Tiansheng Holdings reaches the daily limit, the entire sector will not only follow the lower limit, but will also close up +2.2%.

This is the current energy of the stock king, which can be said to have absolute dominance in the brokerage sector.

Now there are a lot of retail investors who make a common-sense mistake. After seeing the proportion of the stock king in the entire brokerage sector, they go back and buy securities ETFs, thinking that as long as the stock king goes up to the limit, even if the other 42 stocks fall to the limit. Under its own ETF can also close up more than 2 points.

But in fact, this is not the case. If such an extreme situation occurs, there will be a more paradoxical side. It is clear that the securities sector has risen by +2.2%, but the ETF that tracks the securities index should still fall by the limit.

The reason is actually very simple. As a passive exchange-traded fund, ETFs have different allocation ratios. It is impossible for Tiansheng Holdings to allocate as much as 60% of the total fund positions. However, Tiansheng Holdings’ weight ratio in the securities sector is not It has exceeded 60%.

This is also one of the important reasons why many retail investors are being messed with by securities companies. It is because the trend of securities indexes is still analyzed according to past experience. Any pressure level and support level will be ruthlessly overturned, and it will be found to be completely useless.

It is useless to even do ETFs corresponding to the securities index. As in the previous case, the securities index may rise, but the ETF tracking the index will plummet, and sometimes there will be a seesaw effect.

Many investors still find it difficult to adapt to this new change. Everyone has a path to rely on, and the result must be educated by the market.

At the same time, it has also caused many investors to criticize that the current securities index has been completely distorted and completely lost its reference value, and the "culprit" is the stock king Tiansheng Holdings.

Many people even suggested that Tiansheng Holdings should be removed from the securities sector, but this will bring up a new question, which sector should be removed from the securities sector? As a non-bank financial company, Tiansheng Capital does not put securities there? Can't put the bank or the insurance sector?

Therefore, some people suggested to adjust the index to reduce the weight of Tiansheng Holdings, but in the end, after arguing for a long time, it will bring new problems, and finally found that it is a relatively optimal solution to maintain the status quo.

But the tree moves the dead and the people live, so now more and more investors are staring directly at Tiansheng Holdings. They can't afford the stock king but they have to look at the stock king if they want to be a brokerage stock. That's not enough. The combination of Wang's trend and the stock index can only be analyzed and judged to obtain relatively objective results. It is still one-sided to look at any one of them alone.

A thousand words can be summed up in one sentence, it is now more difficult for investors to make money in the brokerage sector than before.

...

In the afternoon, Tiansheng Capital Office.

Han Qiulin was standing in front of Lu Ming's desk, the latter was approving a document, and after signing it, he handed it to her: "Today, we will disclose it, the eight technology companies above, we have fully withdrawn all investments and directly offered them at a discount. , don’t drag on the water, and at the same time will not participate in the future, the management team has no enterprising spirit, no future and no money. As for other work, we will deal with it after the Spring Festival.”

Tomorrow is the weekend weekend, the day after tomorrow is New Year's Eve, and today is the last working day before the festival.

Han Qiulin, who took the document, nodded and left the office to execute it. The eight technology companies on the document are all listed companies affiliated with the technology semiconductor industry. The reason for Lu Ming's withdrawal is that these companies have distributed dividends in the past two years. There was a little too much interest, which made him very unhappy, so he immediately withdrew.

...

At about 17:30, Tiansheng Capital disclosed the news to the public, which can be said to be very fast, which also quickly attracted the attention of the capital market, including many other institutional investors.

It was originally a mentality of eating melons, but it turned out that it was a bit wrong. Although Tiansheng Capital's text description is quite formulaic~www.novelmt.com~, many people also see from the wording in it. Very dissatisfied.

Investors are confused, especially those who hold these eight listed companies are not only confused, but also panicked. The core major shareholder ran away, and it was an influential investment institution like Tiansheng Capital. After the festival The opening of the market must not be rushed to the rhythm of the digital limit?

Moreover, the reason for the withdrawal of capital has never been expected by shareholders. The reason is that the dividend distribution ratio of these eight listed companies is too high. Tiansheng Capital is very dissatisfied with this. In addition, it is also dissatisfied with the high salary of its executives.

So I withdrew, I didn't even communicate with the other party, and it was a discount.

So, after the news came out, many investors went to Lu Ming's personal social media account to leave comments.

"Brother, what kind of cowardly operation is this? Isn't it bad to pay dividends? Do you think it's too high?"

"I don't understand it, I really don't understand it. The most important thing is that Tiansheng Capital, which you are in charge of yourself, has distributed a huge dividend of 300 billion this year. If you really want to say that the dividend is more, Sheng said that the second day, no one dares to say the first. one."

"That's it, so when Tiansheng suddenly came out like this, I can't turn my head around, this, this... I can't understand it, I really can't understand it!"

"Could there be another secret?"

"There must be no secrets. Tiansheng, as a capital institution, distributes dividends and pays dividends, which is beneficial to itself, but it is against it, which is a bit unbelievable. If something goes wrong, there must be demons, and there must be hidden feelings. This reason is too far-fetched. , not convincing."

"I have a target in half of the warehouse, and I suddenly gave it to me like this, and let people live in peace for a year?"

"There should be some thunder. The shareholders who hold these votes see the news, and it is estimated that this year is going to be troubled... [covers face]."

...