Chapter 503 Crazy stock market(1/2)
In a carnival and exciting atmosphere, the market ushered in its second trading day after breaking through 4,000 points.
On March 27, the market opened higher, leaving a 20-point gap above the 4012 point. The big finance, which completed the task of breaking through, fell into adjustment again, fluctuating sideways, and financial concept stocks fell slightly. Popular stocks such as Oriental Entrepreneurship, Jinzhou Liulu, and Jinlong Co., Ltd. temporarily lost the attack of the main funds and followed the trend.
Cyclic sectors such as steel, coal, and nonferrous metals have ushered in continuous surges.
Wuhan Iron and Steel opened 5% higher, Bayi Steel opened 8% higher, and then fluctuated at a high level to change hands, Huaguo Aluminum opened 3% higher, and then continued to open high and close high under the attack of a large amount of funds.
*st Jintai, *st forward, *st ridges, walked out of the infinite single-line board, blocking the board, and continuously.
Stocks such as Gujing Gongjiu, Sanlian Trading Company, Fengyuan Chemical, etc., have seen a huge turnover today after hitting the daily limit yesterday, and a large number of hot money has entered and started to take over and relay.
People's enthusiasm for participating in the market is even more passionate than Su Yue imagined.
After the market broke through 4,000 points, facing the new space ahead, the torrent of funds surging from the outside of the market could not be stopped at all.
Five funds under "Benyue Capital" have started restructuring and backdoor acquisition of the grand main line of hype after Su Yue started the grand hype.
They don't need to maintain the market in the future.
The core target has long been swept by the torrent of funds, and has emerged from a fluent rise, driving the market to continue to rise and march towards higher peaks.
The topics about stock market investment are spreading more and more widely on the Internet and offline.
Even the vendors selling pancakes on the roadside began to hear about how the stock market and how to make money. They were simply a gold medal for picking up money at will.
More young and middle-aged people who have never been exposed to investment or the stock market.
Under the influence of friends and colleagues, I was eager to move and took advantage of my free time to open an account at the securities department.
Major securities companies and major business departments across the country have become the most lively places in cities, streets, and business departments. Salesmen, brokers, and investment consultants have become popular among customers.
Many practitioners recalled a year and a half ago when the business department was deserted and they worked hard to open an account and trade with their father and grandma. At this moment, they couldn't help but laugh.
Finance, securities, stock market, and stocks have become the hottest words since the beginning of the year.
Fund companies, investment companies, securities consulting companies, off-market financing companies... A large wave of companies related to the stock market emerged like mushrooms after a rain; students from the University of Finance and Economics, students from the finance major, and people engaged in investment business... have all become the targets of major companies' competition.
Even many stock brokers who are only half-baked and know a little bit about investment are admired by many customers as stock gods.
Buy, buy...
Do long, do long...
At this moment, there is only one voice in the market.
As the market continues to rise unilaterally and the money-making effect expands infinitely, many people's hearts have also begun to expand rapidly, increasing positions, full positions, heavy positions, capital allocation, and leverage...
When stocks are everywhere, the originally calm investors are gradually losing their minds.
Su Yue is famous. As the top domestic hot money and the star manager of the year, "Bentayga Capital", both the headquarters and the division, the threshold has been broken by investors who flock to each other every day.
Millionaire, billionaire, and even billionaires.
They all started to come to their homes on their own initiative, wanting to participate in fund investment under Bentayga Capital, or want Su Yue to manage their finances and trade them.
Under the temptation of huge profits, luxury cars and mansions began to appear in the attentive gifts of these bosses to please.
The three existing "Bentayga" private equity funds have a net value premium of up to 60% for their fund share contracts and over-the-counter transfer transactions.
Many of the bosses who invested in the first place.
After transferring the Bentayga No. 3 fund share contract, less than half a year, he had already earned 8 times the profit.
Because Zhou Qianxin held a fund share of 10 million in the Bentayga No. 3 fund, she immediately became a guest of honor in the entertainment industry, including all the big bowls and big bosses.
She never thought that she was popular in this way.
I didn't expect that the 10 million I earned from Su Yue would soon turn into a wealth of 100 million in less than half a year.
When a boss offered 85 million yuan to acquire the 10 million Bentayga No. 3 fund share in her hands.
She was so moved that she wanted to sell it.
But after thinking about it, she felt that with Su Yue's acquisition of Starlight Media, her 10 million might continue to appreciate in the future, so she made up her mind and resisted this impulse.
The fund's share contract was robbed off the market.
At the same time, countless people began to incite Su Yue to open another private equity fund.
Everyone knows that at this time, an unknown brokerage investment consultant can raise a private equity fund with a scale of over 10 million. With Su Yue's popularity across the stock market, the Fortune Avenue has fought several battles, and opening another private equity fund will definitely raise at least 5 billion to 10 billion yuan.
Su Yue did not pay too much attention to the proposals of the branch general manager Guo Kunze, marketing manager Cui Xianshi, Lin Feng, Luo Yunfeng and others.
The funds carried by A-shares are very limited.
Su Yue felt that it was completely unnecessary to raise another new fund for investment in A-shares.
His goal is a hedge fund, and the current time for the fundraising is not ripe.
At this moment, everyone only has the stock market and only A-shares. Many people are already expecting the market to break through 5,000, 6,000 or even 8,000 points.
When the market did not break through 4,000 points.
People don’t believe it, and naturally they dare not think about it. Now that new space is opening up, the market is getting high every day, these people naturally think that no matter how high the point is, it is ordinary.
I think with the strong trend of the market, I may be able to see it at 10,000 points.
Pessimistic when falling and optimistic when rising, this is the norm in the stock market.
When the bear market fell sharply, the dark years when the stock market trading volume fell below 4 billion yuan, everyone shouted that it would be a resumption, but now... it's just a reversal.
After the closing, Zhang Xue called Su Yue.
After saying that the teacher in their school said that her boyfriend is a stock trading expert and a top hot money in China, he couldn't help but find her privately, wanting to invest in Su Yue's funds through her, or asking her to ask Su Yue which stock should she buy.
When Su Yue heard the news, he was shocked and couldn't help but feel unbelievable.
On March 28, when Su Yue returned to Changling from Ningzhou to attend the wedding of Feng Jianyong and He Wanying, he was surrounded by many bosses from Changling who knew his background and wanted to get a few recommendations about stock market investment from him.
Su Yue politely declined everyone and asked them to wait for their next fund.
At the wedding, Su Yue gave Feng Jianyong and He Wanying a gift, a "Bentayga No. 1" fund, and a contract of 1 million fund shares.
This is his gift to his friends and his preparation for Feng Jianyong and He Wanying's subsequent lives.
The fat man was beside him, looking at him with a jealousy.
He knew how much the share contracts of the two funds in Changling, "Benjue 1" and "Benjue 2" have been hyped up, and they are even more popular than gold.
Su Yue stayed in Changling for two days before returning to Ningzhou, which happened to be Sunday.
He was about to go back to school to check, but at this time, Zhang Yuying suddenly called him and told him that Qin Shengda, the chairman of Shengda Media, had actually come to him.
Su Yue smiled and was naturally invited to go.
A private club with elegant environment, Su Yue, Zhang Yuying and Qin Shengda sat with a smile, next to him, assistants, bodyguards and others stood behind him.
"Mr. Su, I'm here this time, mainly to talk to you about your intention to sign Liu Yifei." Qin Shengda said with a smile.
Su Yue laughed and said, "It's not that simple. If we were just for this matter, we would talk to me today, which should be a certain vice president, not Mr. Qin himself. After all, I think an artist, a 50 million deal is not enough for Mr. Qin to come to Ningzhou in person. If Mr. Qin has anything to say, why not just say it!"
"Mr. Su is amazing, you can't hide anything from your eyes." Qin Shengda laughed.
Su Yue made a gesture of invitation and urged: "Then let's talk about serious business, there is no need to beat around the bush."
Qin Shengda nodded and said, "You Xingguang Media want to sign Liu Yifei. Our Shengda Media can release it. I can do it for the 50 million priority transfer fee, but I have a condition."
As he said that, he stared at Su Yue seriously and continued: "Mr. Su knows that our Shengda Media is listed on the Hong Kong stock market and its valuation is incomparable to A-shares, so I want to privatize Shengda Media and then seek A-shares listing. At present... it is difficult for us Shengda Media to repurchase all the stocks in the market."
"I heard that Mr. Su's fund company has tens of billions of dollars in hand. If I am willing to help, I, Qin, will naturally be very grateful."
"Do you want to be privatized?" Su Yue didn't expect that he came to Ningzhou for this reason. He was surprised and thought to himself, "Has the madness of A-shares developed to such a level? Even the chairman of a Hong Kong-listed company was thinking about privatization, seeking A-shares listing, and enjoying high valuations. It seems... the crazy mood is really shocking."
"Mr. Su, do you think..." Qin Shengda couldn't help but cough lightly when he saw Su Yue being out of sight.
When Su Yue heard the voice, he came back to his senses and said in a deep voice, "Mr. Qin, there are so many fund companies and so many investment companies in the Magic City. I think there must be many people who are willing to help. If you don't look for them, you will run to Ningzhou to find us all the way. Wouldn't you look for the distance?"
Qin Shengda coughed lightly and said, "I have found it. Our media company has never been very popular in the capital market. It is difficult to negotiate an investment company with the ability to undertake projects. A small investment company has limited funds and cannot help much. Therefore, while Mr. Su still has some requests for our Shengda Media, I want to try my luck."
Su Yue pondered for a moment and asked, "How much money do you need?"
Qin Shengda thought for a while and replied: "Based on the current valuation of Shengda Media in Hong Kong stocks, in addition to the shares owned by our group, it is estimated that 6 billion yuan will be needed to repurchase all the shares in the market and then privatize and delist. "
Shengda Media is a powerful competitor of Starlight Media.
At present, the market value of Starlight Media in domestic A-shares has reached 46 billion. Even if Shengda Media is not as good as Starlight Media, it still has a market value of 20 to 30 billion.
6 billion seems to be an astronomical figure, but for the privatization of large groups, there is actually not much required.
But the 6 billion yuan required is all cash, which is a bit difficult.
Even if it is a large investment company, it is extremely difficult to take out 6 billion in cash. Su Yue’s funds have a large scale of funds far exceeding 6 billion. In the current situation, A-shares have no shortage of liquidity and are easy to withdraw. In a sense, Qin Shengda has not found any mistakes in looking for Su Yue.
When Zhang Yuying heard the 6 billion figure, she was shocked.
Su Yue frowned and said, "Mr. Qin, this is not a small number. With such a big gap, our Starlight Media, Bentayga Capital, small family and small business, are really unsupported."
"It's not... it's necessary to have so much." Qin Shengda hesitated, "I can think that the bank will borrow another 2 billion yuan. In fact, the gap will only cost about 4 billion yuan, and that's about it."
Su Yue shook his head and said, "Even if it is 4 billion, I have no way to invest."
"At present, all the funds of my Bentayga Capital are invested in A-shares. Furthermore, the money of the fund is not my money. Although I have the autonomy to invest, this is limited to the secondary market."
When Qin Shengda heard Su Yue's flattery rejection, he showed regret and felt a little disappointed.
To be continued...