My Fintech Empire

As the rumors of Yixing Media Group backdooring Tianzhou Online quickly spread, the popularity index of Tianzhou Online stock also continued to soar. By that night, its popularity index had soared to the top ten positions in the popularity lists of individual stocks in the two cities. .

And it continues to rise, indicating that more and more investors are paying attention to this matter.

Backdoor listing and asset reorganization, such events can be said to be the biggest good news for a stock in the big A-share market, and this is also one of the reasons why many junk stocks will have capital exposure after they reach a low enough position.

Because under the existing market mechanism of Big A, even rubbish individual stocks are valuable, at least this shell is valuable.

Once the assets are reorganized, the pheasant will turn into a phoenix in seconds, and become a handsome, rich, rich and beautiful.

Fang Hong also paid attention to this news. What is certain is that this so-called rumor is not a gossip spread by Qunxing Capital.

It is also impossible for Qunxing Capital to do this, because Qunxing is currently at a height that does not allow it to do so. To put it bluntly, the archway is more important and the reputation is more valuable.

However, Qunxing Capital did not do this, so it may not represent the major partners who are market makers. Zhongtai Capital and Pengrui Capital will not do this, and the news is very different from the actual situation. People with low EQ say It's just fake news.

Because the real backdoor listing is Yixing Video, an independent subsidiary of Yixing Media Group, not Yixing Media Group.

The difference in asset size between the two is very large.

How big is it? There is at least an order of magnitude gap between Yixing Media Group and Yixing Video.

Yixing Media is a large cultural and entertainment group. Its subsidiaries include not limited to brokerage companies, production companies, record companies, theater companies, distribution companies, etc. It has almost a complete set of independent and complete entertainment industry chains. system.

Even Yixing Video itself is a subsidiary of Yixing Media Group. It is just an Internet online streaming video website and an Internet company.

Today's Yixing Media Group, whose total assets have reached 120 billion, is one of the best super giants in the domestic entertainment industry.

Leaving aside other things, Yixing Media Group alone holds the online broadcast copyrights of more than 100,000 film and television dramas. According to the previous cost of billions of dollars to buy, this is equivalent to the asset scale of the entire Yixing Video.

That's right, those hundreds of thousands of film and television network copyrights are not in the hands of Yixing Video, but in the hands of the parent company, and Yixing Video has only been authorized.

From the perspective of the asset income statement, Yixing Video is currently in a state of high loss, with a debt ratio as high as 55%. The funds needed for the development of Yixing Video are not through equity financing, but debt financing.

These two financing methods are very different.

The company does not need to repay the money raised by equity financing, and the equity in the hands of shareholders will increase in value, otherwise it will depreciate and lose money, and shareholders will pay for it.

The company has to repay the debt financing money, and it has to pay the principal and interest to the creditor when it is due. As for why Yixing Video can obtain funds through debt financing from the capital market, why some investors are willing to borrow, Of course, there is the parent company Yixing Media Group as a guarantee.

In fact, Yixing Media Group is actually a matryoshka-style model. It also uses debt financing. Why are investors willing to borrow it? Of course, it was backed by Qunxing Capital, the parent company of Yixing Media Group.

That's why investors dare to borrow money, and they don't worry about earning you a little interest and losing the principal.

All the way back to the source, it is still supported by the strong credit and strength of the ultimate father Qunxing Capital. These days, no one cares too much about whether a son is smart or stupid. The attitude towards him mainly depends on who his father is and how powerful he is.

The truth of the world is that context matters.

The reasoning is the same, Qunxing Capital has grown into a behemoth in China, especially the strategic investment of the five major Guo Jia team institutions at the beginning of this year.

In the eyes of investors, Qunxing Capital's credit and strength are directly full.

...

As the news spread, stockholders were discussing how high the target price would be once Tianzhou Online was successfully restructured.

So far, the rumors in the market are still Yixing Media Group’s backdoor, not Yixing Video.

The bullets continued to fly.

And that night, the board secretary of Tianzhou Online responded to inquiries from shareholders and netizens, saying that people from Yixing Media Group were indeed in contact with the company's top management.

Secretary Dong didn't lie, it was indeed true, and the person who came to talk was an executive of Yixing Media Group.

Taking a step back, even if the information is disclosed in violation of regulations, at most three glasses of alcohol will be fined, and a fine of 600,000 yuan will be fined.

And this news excited the stockholders, especially the holders of Tianzhou Online, there were still people discussing it in the comment area most of the night.

[Niubi Niubi, Secretary Dong has already said, it seems that the backdoor rumors are true. ]

[Steady, the board is properly sealed tomorrow, the door has been welded, the number board is seated firmly, and it will take off directly tomorrow! ]

[Blood loss at 30 points cut the flesh and died before dawn, the mood of the whole year is gone. ]

[8.5 came out of bottom-hunting, made 20 points and ran away, and was complacent when the market closed. Now I have broken my thigh and lost double the super bull stock. ]

[So, how much can Tianzhou Online go up this wave? ]

[Think about when Weibo backdoored Dasheng Culture, the resumption of trading started three or four times, and it skyrocketed from 6.52 to 241 in one year, 36 times a year! ]

[It's sold today, the more I think about it, the more heartbroken I feel, I'm so angry! ]

[Don’t wait for the sword, Weibo is an Internet company, and Yixing Media is a cultural media company. The price-earnings ratio of the media sector is about 40 to 50 times, and the price-earnings ratio of Internet companies can be given to hundreds of times. Can this be the same? ]

[I just went to search and found some information about Yixing Media Group. The company's current asset size is more than 120 billion. Based on the valuation of 100 billion, the current stock price of Tianzhou Online is 10.39 yuan, and the market value is just over 1.9 billion. , to 100 billion... Fuck, there must be a 51-fold increase? I don't know if that counts right. ]

[Up 51 times? Fuck, isn't that even more exaggerated than Weibo? ]

[It must be fixed to increase and expand shares! ]

[Fifty times is too outrageously exaggerated, but ten times is definitely stable. ]

[No matter what, the ones in the car must be lying down and earning money, and envy and jealousy have separated my quality wall. ]

[I'm jealous...]

[Hastily, why do you want to watch the market today, why do you want to sell it, I really want to chop my hands off. ]

[My brother bought the bottom of Tianzhou Online at the price of 9 yuan on the seventh floor last Thursday. After my earnest persuasion last Friday, he adopted my advice and made three or four points. Fortunately, he listened to my persuasion , otherwise...he would have gotten rich. ]

[Hahaha! ]

[Brother is on his way with a machete...(Biaoleixiao.jpg)]

[I am also afraid that my brother will suffer and I am afraid that my brother will drive Lu Rover. ]

...