Rebirth: The Financial Giant

The latest website: Just entering August, the market fell for five consecutive years. The investors were directly killed by the big A, and their consciousness was blurred.

As soon as the performance of the stock king's interim report came out today, the stock price rebounded after a strong gold needle.

As of the close, the Shanghai Composite Index closed at 2,777 points, down -1.56%; the Shenzhen Component Index closed at 8,859 points, down -1.39%; the ChiNext Index closed at 1,507 points, down -1.53%, and the broader market came out of a golden needle probe The bottom of the K-line pattern, closed down, closed in the red.

Tiansheng Holdings finally closed up +0.77%, the trading volume released a huge 37.9 billion, the intraday amplitude was 6.90%, the stock price closed at 88,159.55 yuan, and the total market value was 7.05 trillion yuan.

When the stock market is not doing well, investors look forward to making good news every day.

At present, the only good news is the semi-annual report issued by Tiansheng Holdings. The performance reports of most listed companies are delayed as long as they can, and they will not let go until the last day.

The speed of Tiansheng Capital's performance statement disclosure is definitely in the forefront of Big A.

But having said that, this performance is also good for Tiansheng Holdings. Today, it is only the stock king's own strong rebound that has dragged the broader market, and the majority of investors are still not optimistic about the market outlook.

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Wednesday, August 7th, today is the Qixi Festival.

In the morning's pre-market, a sudden and massive spread of news sparked excitement among investors from all walks of life.

It is rumored that the seedling company is about to cut interest rates!

Investors are excited. This is the good news that the market is most eager for. Stimulated by this, the Shanghai and Shenzhen stock markets opened higher this morning.

Although there is no authoritative agency to endorse this news, it is widely believed by the market to be true, because over the years, so far, nearly 30 economies around the world have entered the cycle of cutting interest rates.

Since January this year, the Ghana seedling company fired the "first shot of cutting interest rates" and announced a 100 basis point cut in interest rates.

India, New Zealand, Malaysia, the Philippines, Turkey, Australia, and the United States have successively announced interest rate cuts.

On July 18, South Korea, Yinni, Ukrainian, and Nanfei Yangxing announced interest rate cuts at the same time.

Not long ago, on July 31, the Federal Reserve once again announced the second rate cut of the year, and on the same day, Basi Yangxing announced a 50 basis point rate cut, becoming the first country to follow the Fed’s second rate cut after the second rate cut.

Just today, the three countries of Thailand, New Zealand and India announced interest rate cuts on the same day, and the process of interest rate cuts in global economies is accelerating.

There is a wave of interest rate cuts all over the world.

On July 31, the Fed’s rate cut was less than market expectations, and the stock market crashed directly. In the past few days, the market has been screaming that it is not enough, and it has to increase its efforts. Round QE is coming" sound.

Behind the intensive rate cuts around the world is the urgent need to boost the economy.

There has been a frenzy of interest rate cuts outside, and domestic investors have also turned their dry eyes towards Mother Yang in unison.

Should we drop too?

Then, everyone was looking forward to it, and news came out this morning, and they all believed it to be true.

But just half an hour after the market opened, that is, around 10 o'clock, Yang's mother refuted the rumor that the rate cut rumor was fake news...

ohh~~

The market turned green in response.

Investors have no love for life, so they lie flat and open their arms, and they love it.

The stockholders whose stocks were greened today are not the worst. The worst thing is that there is a little green on the head of the Qixi Festival. It is a double experience, and the taste is straight down.

Investors opened their swings, and there was no trading volume in the market. The market remained in a narrow range of fluctuations, and the market sentiment was dead.

Gu Jin

However, just after the fake news of the rate cut was just refuted by Yangma, the real big news came shortly after.

This time it's true.

At around 13:20 in the afternoon, the news of the major market software news was pushed: China Securities Finance Corporation announced that it has decided to reduce the refinancing self rate by 80BP as a whole from August 8, 2019.

The 182-day period was 4.3% depressed to 3.5%; the 91-day period was reduced from 4.6% to 3.8%; the 28-day period was reduced from 4.7% to 3.9%; the 14-day period and the 7-day period were reduced from 4.8% to 4 %.

August 8, that is tomorrow.

As soon as this news came out, it stirred up the market situation again, and the market quickly turned red.

However, in the last half hour of the late trading, it fell back to the green again, and finally the broader market closed down -0.32%.

Investors have mixed views on this news, some investors do not buy it, and think it is insincere.

Another group of optimistic investors understood this as close to directional release of water to the stock market. Although Yangma did not cut interest rates, China Securities Finance Corporation cut interest rates on Big A.

The lowering of the refinancing rate is not unfamiliar to investors who have been playing in Big A for a long time. As early as August 2014, China Securities Finance Corporation lowered the rate of the refinancing business.

At that time, this move stimulated the stock market to climb sharply. In the six months after that, the Shanghai Stock Exchange rose from around 2200 to more than 3400, an increase of nearly 1200 points.

Then in March 2016, China Securities Finance Corporation resumed the refinancing business for five terms and lowered the rates. Then the market also started a bull market for nearly a year and a half, until the fund holding market in early 2018 reached peak.

Undoubtedly, the reduction of the refinancing rate has a relatively strong positive stimulus to the market, which can boost the confidence of the bulls and also benefit the brokerage sector.

From the past historical experience, all of them have a positive stimulating effect on the market. The last time the refinancing rate was lowered was on March 21, 2016. The market rose by 2.15% on that day, and the brokerage stocks all rose by the limit on the day.

Of course, history is only for reference. The current total market value of A-shares is 63.51 trillion yuan, and the overall valuation is not high, and Tiansheng Holdings has a market value of 7 trillion yuan, and it just released its semi-annual report today.

Don't look at the huge market value of the stock kings now, but they can't stand the performance. Even with the current size, not only is there no valuation bubble, but it is underestimated. It is currently the highest quality core asset in the A-share market. none of them.

Although the overall valuation of Big A is not high, then again, the current internal and external macro environment is not friendly, and the financing demand in the secondary market is not as strong as before.

Think about it, given the current market environment, whether it is the domestic market or the external market, there is an expectation of a global economic recession.

The market's profit-making effect is so poor that the broader market has fallen for six consecutive days.

Among them, Tianchi Technology, which is known as a star stock and has attracted much market attention, has even broken its issue price, and Ma Ma, who has fallen, does not know it.

In such a market environment, few people dare to enter the market, let alone ask them to take a financing position.

When it comes to Tianchi Technology, the 170 million shareholders of Big A can't bear to look directly. There is no logic to this vote. Today is another day of plummeting. The stock price closed at 9.67 yuan, a decrease of -12.03%, yes, This stock not only fell below the issue price, but today has entered the era of single-digit share prices.

Falling more than a dozen points every day~www.novelmt.com~ is simply cruel and ruthless.

The market value is only 26.1 billion yuan. Investors enter the stock's trading code 688868 on the market software, then press the F10 key to take a look at the stock's fundamentals, and then open the K-line chart to take a look.

This unilateral downward trend, I don't know, think that the company is a thunderbolt, and it will be beaten by ST's rhythm.

A lot of people are actually paying attention to this stock.

Because it really fell too hard, this will bring two questions: When will Tianchi Technology's debt problem be solved? Most importantly, can it be resolved?

If it can't be solved, it is a complete junk stock, let alone 26.1 billion, even if it falls to 2.61 billion, no one dares to buy it. Buying 1 million yuan is equivalent to directly returning to zero, not to mention the debt of more than 2.7 million yuan. Chi is bankrupt, and in the future, the creditors will seek the shareholders to collect debts.

If it can be solved, the good guy is incredible. The current share price of Tianchi is definitely a gold pit in a gold pit.

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