Rebirth: The Financial Giant

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The newly disclosed position of Tiansheng Value Growth Hybrid Fund has aroused huge discussions in the industry, because the position change this time is very different from the past. The most interesting thing is not the top ten heavyweight stocks, but this one. Only the fund's asset allocation has seen significant changes.

Its stock position now accounts for only 30% of the fund's total position, while the bond allocation accounts for a staggering 60%, and the rest is bank deposits or liquid cash.

As an active hybrid fund, unlike stock funds that can only allocate stocks, hybrid funds are more flexible and can also allocate bond varieties.

What really attracts investors' attention is that Tiansheng Value Growth Mixed Fund not only allocates bonds for the first time, but also doubles the allocation scale than the current stock assets.

This is a big event, which has aroused the speculation of many people. All big Vs are evaluating this matter after the market closes. Most of the investors who do not have the ability to analyze themselves often listen to the analysis of big Vs to judge the market.

If it's just an ordinary public fund or an ordinary fund manager's change of positions and shares, it is naturally impossible to cause such great speculation and attention, but this is the "Tiansheng Enchantress" who has a great reputation today. The yield has reached 31%, and it has reached a new high after the flash crash.

The compound interest of this fund is even more terrifying. Since its establishment, the yield curve has exceeded 196 times. What is the concept? It is equivalent to a Christian who bought this fund for 50,000 yuan in March 2015, and two years later today brought him a return of 9.8 million yuan.

At present, there are many similar funds in the market that have outperformed Tiansheng Value Growth Hybrid Fund in terms of return, but depending on the volume comparison, there is absolutely no comparison between a fund of several hundred million and a super-large fund of hundreds of billions.

Coupled with Lu Ming's personal influence, in a sense, the position changes of Tiansheng Value Growth Mixed Fund can reflect the current most profitable investors' views on the market outlook to a certain extent.

The latest stock position of Tiansheng Value Growth Hybrid Fund only accounts for 30% of the total fund position, but the overall allocation is close to full position, and 60% of the position has been switched to the bond market, which shows that the first brother is not optimistic about the future performance of the stock market, and turned to run Go to the bond market.

For many people, this change immediately creates a pessimistic mood about the market outlook or aggravates the mood towards more pessimism. Even a geek like Yi Ge who has taken more than 170 billion US dollars from the mouth of the old beauty has given up the big A, so let's play a game hammer?

Lu Ming and Tiansheng Capital are recognized as representatives of "smart funds" in the minds of small and medium investors. Their bullishness and bearishness on the market outlook will greatly affect many people's bullishness and bearishness. Coupled with some big V renderings, You must know that a big V has a lot of followers, and the more famous one has hundreds of thousands or even hundreds of thousands of fans.

Therefore, a rapid fission can be formed, and the short position in the market can be accumulated and completed. It only needs a fuse to be ignited to make this short position pour out.

...

16 o'clock in the afternoon.

Yao Jun came to Lu Ming's office to give a work report, "Chairman, the overall organizational framework of the Science and People's Livelihood Fund has been established, and the headquarters location is based on your request. A 50-story building has been built in Dongcheng District, Ningzhou. building……"

Lu Ming came to the rest area and sat down, and Yao Yun who was sitting next to him immediately handed him a document, "This is the personnel list for the top-level framework of the Science and People's Livelihood Fund. At present, everything has been prepared, and the foundation will be ready within this week. It can be put into full operation.”

Lu Ming took the material she handed over and opened it to read. The organizational structure of the Science and People's Livelihood Foundation consists of two parts: the council and the secretariat.

The council assumes the decision-making function, and reviews and approves major issues such as the strategic plan, annual plan, and budget of the Science and People's Livelihood Foundation through regular council meetings convened and chaired by the chairman. The Council has a Project Review Committee and a Project Review Committee, which report to the Council and are responsible for the approval and quality control of foundation projects.

The secretariat is the executive body of the Science and People's Livelihood Foundation. The head of the secretariat is the secretary general, who is elected by the council from among the members of the council and is responsible for the daily work of the secretariat. The secretariat consists of project execution, administrative personnel, finance, taxation and legal departments.

The chairman of the organization is also served by Lu Ming, and he has a lot of titles.

The secretary general of the secretariat is Lou Yiyun as the first person in charge of the executive layer. He was transferred from within Tiansheng Capital. The secretary general is also a member of the council, and there are seven members of the council.

"It's been a long time for you, and you have to be busy for a while." Lu Ming put down the materials and looked at Yao Yun with satisfaction. The latter smiled and said, "It's my duty."

It can be said that the Science and People's Livelihood Fund can enter the right track of operation at this time, and it can be said that it has set sail on the big wind.

This just happened to catch up with the beautiful country sanctioning Zhongxing Telecom to detonate the technological war, which ignited the tide of technological independence. Science and the people's livelihood fund, the scientific field accounted for more than half, which was the focus of Lu Ming's most attention.

At present, the book cash flow of the Science and People's Livelihood Fund has reached a huge 164.5 billion, of which 52 billion is the anonymous donation of Qiao Jingping's invisible rich and the rest is the funds obtained by Lu Ming from Tiansheng Capital's dividends. among.

Yao Yun finished reporting the work progress report, chatted with Lu Ming for a few words, and left.

The Science and People's Livelihood Fund will be officially put into operation this week. On the first day, Lu Ming will also attend as the chairman and give a public speech. Now he is also preparing for this. What should he say?

This was one of the few events that Lu Ming attended in public, and it was treated as a very important task.

...

At about 21:30 in the evening, a sudden news came into the country from the other side of the ocean, and it caused an uproar in the technology, capital and media circles that night.

The Bureau of Industry and Security (BIS) of the Ministry of Entropy of Magnesium announced the resumption of sanctions against Zhongxing.

This incident spread both inside and outside the circle overnight, and Beautiful Country made another heavy attack. First, it sanctioned Tiansheng Capital in the financial field, and now it took action against Zhongxing Communication in the technology field.

All kinds of media rushed to cite and report this sudden incident that night. We-media big Vs also forwarded the news that night, and major market software also pushed relevant news.

If the latest position information after Tiansheng Value Growth Hybrid Fund's repositioning and stock exchange was released, the market has accumulated a strong short position and could not be released, then the sudden news that Zhongxing Communications was sanctioned is the fuse.

...

The next day, on the morning of March 17, Zhongxing Communications issued an interim announcement: Due to the activation of the refusal order by the Industry and Security Bureau of the Entropy Ministry of Magnesium, the company applied to the trading room, and the company's A shares began on April 17, 2018. Suspended and will remain suspended.

At 9:25, the Shanghai Index call auction gapped down by -0.81%, directly breaking through the 3200-point integer, and the platform shock box that had been maintained for a month finally broke today, and it was in the form of a downward gap. Breaking down, this shows that the bulls in the market lie down directly on the spot, and they don't even make a fake move to induce more.

The bulls were outstripped by the bears. Five minutes later, the market opened for continuous bidding, and the market plummeted. In just half an hour in the early trading, the market plummeted by more than -2%, and there is no sign of stabilizing.

The communication equipment sector crashed directly, with nuclear buttons all over the sector, and 8 stocks such as Dongfang Communications, Kosta, Huiyuan Communications and other 8 stocks fell by the limit, and other stocks in the sector also fell sharply. Plate panic and flee.

At the close of the day, the communication equipment sector plummeted by -5.79% as a whole, which was still under the suspension of the leading Zhongxing Communication.

The whole market is crying all over the place. Tiansheng Holdings, which received a false positive line yesterday, actually fell -0.5%, greeted directly with a big negative line today. As the current listed company with the highest market value of Big A ~www.wuxiaspot.com~ from securities Tiansheng Holdings, which has been promoted to the first brother of Big A, not only did not stand up to protect the market, but also fell sharply today, which is tantamount to worsening the entire market.

This is also a coincidence. If Tiansheng Holdings is currently in the stage of rising waves, the index will not collapse like this, but now Tiansheng Holdings is also facing adjustments after the main rising waves.

Do you still have the big A today? It's definitely gone!

Tiansheng Holdings hit the largest intraday drop of -4.35% during the session. The integer mark of the stock price of 30,000 yuan almost failed to hold. Fortunately, there were funds to undertake a slight rebound in the afternoon, and it closed down -3.01% after the market. It received 30,632.34 yuan, with a total market value of 2.45 trillion yuan.

And today's market is a big negative line that smashed through the entire box's shock range. After the market, it closed down -3.04%, and the index closed at 3110.65 points. It is very likely that the sell-off will continue.

Today's market loss effect can be called an explosion. All major sectors are the corpses of bulls, which reminds everyone of the fear of being dominated by big A during the flash crash at the beginning of the year, and the market sentiment is panic and boiling.

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