The male god of magic capital

Chapter 131 132 Foreign-funded institutions are eyeing and lift up the medical sector
In the trading room of Chengtian Holding Company, everyone was very excited.

"The stock price has stabilized above 6000 yuan per share."

"Huh, it has risen again, and the market value is 61 billion."

"The guy who was short yesterday ran away with his life today."

"Haha, these short sellers really don't cry when they see the coffin."

"Grandma, I've been short all day, but this time I stumbled."

"Hey, many of these short sellers are doing value investing, and feel that Chengtian Holdings is not worth the price."

"I heard that many institutional traders in the elite group of the Bund stock market use their own private funds to short Chengtian Holdings."

"Let them go short, and lose money to those who do value investing."

"They seem to be short at 6500, hehe!"

·
At this time, Jiang Manman said: "Boss, these institutional traders in the elite group of the Bund stock market are really annoying. The moment the stock price of Chengtian Holdings Company rushed to the 6500 position, it was smashed."

Luo Cheng: "Follow them, after all, the current stock price is indeed a bit inflated."

At this time, Fuji Xun Finance reported on Chengtian Holding Company.

[This stock has risen 15 times in a short period of time, a rare super bull stock! 】

Since its listing, the share price of Chengtian Holdings has risen astonishingly!

When it was listed, the stock price was 400 yuan per share, with a market value of 4 million at that time. Today, the stock price is 6000 yuan per share, with a market value of 60 billion.

It has doubled 15 times!
This once again increased the popularity of Chengtian Holding Company.

Many investors take a look, isn't this a super big bull stock?

How long has it been since it was listed, and the stock price has increased by 15 times. It is conceivable how far the stock price will fly after one full year of listing.

Recently, the asset scale of Chengtian Holding Company has increased a lot, thanks to the soaring scale of Chengtian Private Equity Fund and Chengtian Public Fund.

Today, the physical assets of the subsidiaries are 14 billion, the value of Chengtian Private Equity Fund and Chengtian Public Fund is 20 billion, the total assets are 34 billion, the total liabilities are 14 billion, and the net assets are 20 billion.

The market value is 60 billion, and the price-to-book ratio is 3.

In the eyes of many value investors, this subsidiary of Chengtian Holdings Company is rotten. It is either losing money or burning money. The real assets are not worth 14 billion at all. There are special institutions to evaluate these entities. The true value of the assets does not exceed 6 million.

And the valuations of Chengtian Private Equity Fund and Chengtian Public Fund are also too high, right?

How can it be valued at 20 billion?

Normally, 15 billion is the sky, right?
According to the evaluation of an institution, the net assets of Chengtian Holding Company should be 6 million.

And the price-to-book ratio is 3, which is ridiculously high.

Damn, even if the net worth of 20 billion is true, the subsidiary of Chengtian Holding Company is so bad, it is just a financial company, not a high-tech company, so it is impossible to have a price-to-book ratio of 3 times.

At most 2 times is the top of the sky, which means that the market value of Chengtian Holding Company is capped at 40 billion, and this 40 billion is still unrealistically high, but in reality, the stock price of Chengtian Holding Company has reached 6000 yuan. stock, with a market value of as high as 60 billion, extremely terrifying.

As a value investor institution, I just can't understand this kind of inflated stock price.

But these short-selling institutional traders have already floated a lot of money, and many of them have been short-selling for a long time and lost money for a long time.

Many institutional traders lose money every time they sell short when the stock price of Chengtian Holdings hits a new high!

"Grandma, I lost money by shorting!"

"I want to tell Muddy Water Company to short Chengtian Holdings, a rotten company!"|
"Yes, ask Muddy Waters to short!"

"Let Muddy Waters short it and let it go back to the market value it deserves."

'Looking forward to Muddy Waters' research report on Chengtian Holdings in the future. '

"The muddy water company will come sooner or later."

Muddy Waters is a notorious short-selling institution, but none of the listed companies targeted by Muddy Waters has a good stock price.

"Grandma, there must be a subsidiary of an international financial giant in China who will be eyeing Chengtian Holding Company!"

·
It is true that many financial companies established by overseas capital in China have their eyes on Chengtian Holding Company, and they are all discussing the executable plan of shorting Chengtian Holding Company.

"My God, this company's share price is inflated."

'It's not worth the price! '

"My God, this stock is crazy."

"This crazy run-up is unsustainable."

"The stock price is too high, and the stock price may be cut in half at any time due to the poor performance of the fund."

"We can conduct some research on the assets of Chengtian Holding Company."

"If the investigation comes out, maybe we can short it."

"It is rumored in the market that Chengtian Holdings can only make money in the financial industry, and lose money in other industries. We will investigate the financial status of its subsidiaries."

·
The securities companies established by major international investment banks in China have begun to pay attention to Chengtian Holdings, such as Goldman Sachs Securities, Daiwa Securities, Murano Securities, HSBC Qianhai Securities, UBS Securities, Credit Suisse Securities... Morgan Securities, Morgan Stanley Securities , Even Citi Securities felt that the market value of this major client was too inflated.

The vice president of Citigroup Securities also made a special phone call to inquire.

Now the people at Citi Securities are regretting it to death. If they knew that when Chengtian Holdings was listed, they should not have sold all the shares to retail investors, but should have kept some of them. The stock price of this horse has increased by 15 times!

Jiang Manman said: "Boss, the vice president of Citi Securities called me just now and asked if we plan to list in Hong Kong and the United States at the same time in the future?"

A-shares, Hong Kong stocks, and U.S. stocks are listed at the same time. Such a company will have a very high international reputation. Citigroup seems to use this to collect remuneration for Chengtian Holdings’ financing, and even re-subscribe for new shares issued by Chengtian Holdings.

"IPO in three places?" Luo Cheng was taken aback, and said with a smile: "Let's talk about it in the future. There is no rush now. When we need overseas financing, we are discussing the issue of new shares."

Sooner or later, Chengtian Holdings will go international, but now is not the time. Wait until a large financial group is created in Shanghai. Now he has his own Luo family foundation, with 2.5 million Hong Kong dollars in the Hong Kong stock account. Slowly operate, To prepare for Chengtian Holdings' acquisition of Xiangjiang's companies in the future.

At present, Luo Cheng only wants to focus on the domestic A-shares. During the period when the market index is bottoming out, it is a good opportunity to buy bottoms. Next, the stock price of Chengtian Holdings Company will continue to hit new highs, and the market value will soon be due to Chengtian Private Equity Fund. The performance of Hechengtian public offering fund reached more than 100 billion.

This time, the scale of Chengtian’s public offering fund has reached 300 billion, with 80 billion new assets and 2 million management fees, and Chengtian Holding Company’s debt of 14 billion. Luo Cheng felt that it was necessary to start reducing debts, and said: “Take The remaining 2 million yuan will be returned to the bank."

The stock price of Chengtian Holding Company is indeed inflated. Its subsidiaries are either losing money or burning money. Reducing some debts is still beneficial to the stock price. He hopes that the stock price of Chengtian Holding Company will continue to rise.

In the future, Chengtian Holding Company may no longer be in debt or owe money. If it needs to borrow money in the future, it is better to let the subsidiaries be in debt.

"Yes, BOSS." Jiang Manman went to do it immediately, repaid 2 million to the bank, and left 12 billion in debt.

At 1:10 p.m., the market index was still falling, and the medical sector was also falling. Luo Cheng decided to buy the bottom, and immediately ordered: "Start buying the medical sector, and don't rush to buy slowly."

At present, the cash flow of Chengtian public offering fund is as high as 196 billion, which is just right to buy the [-] stocks held before.

The asset scale is 300 billion, and he needs to allocate 90% of the stock assets, which is 270 billion stock assets, and 30 billion in cash flow.

The 270 billion stock assets will be placed on 15 stocks, and each stock will be allocated 18 billion.

"Currently holding 9 million shares of Jiu'an Medical Group, and buy another 9 million!"

"Now I hold 6.9 million shares of WuXi AppTec Group, and buy another 11.1 billion."

"I currently hold 5 million shares of Jianfan Biotech, and I will buy another 13 billion."

"Hold 7 million shares of Opcon, and buy another 11 billion."

"Hold 8 million shares of Mindray Medical, and buy another 10 billion!"

····
"Hold 6 million shares of Tigermed, and buy 12 billion!"

Luo Cheng's plan is to share 18 billion funds for each stock.

Traders in the public fund management department kept buying these 15 stocks in the medical sector, which directly stopped the stock prices of these 15 stocks from falling.

Because Chengtian public offering fund is to build positions gently, not to buy large sums of money, but to steadily pull up the stock price.

The shares of these stocks are all down relative to yesterday's closing price, falling between 3% and 9%.

Because of the continuous buying by Chengtian Private Equity Fund, these fifteen stocks took the lead in rising soon!

Gradually, the daily K-line charts of these fifteen stocks turned green and red.

At 2:[-] in the afternoon, the market also turned around, and the entire medical sector also began to strengthen.

"Damn it, the medical sector has risen sharply."

"The main force has started to sweep the goods."

"I'm going, can I enter?"

"Come in, you won't even be able to eat meat in the evening."

"Go in and buy!"

···
The medical sector continues to strengthen!

At 3 o'clock in the afternoon, the market was weak again and began to fall. The gains of stocks in the medical sector also began to be suppressed, and many institutions were selling stocks.

Luo Cheng shouted: "Buy all the remaining funds into the medical sector."

Chengtian Public Fund bought the medical sector before, but the scale was small, and now it is a large purchase.

"Yes, BOSS!" The traders put all the remaining funds of Chengtian Public Fund into it.

The medical sector immediately went against the trend of the broader market and began to soar!
Jiu'an Medical Group, WuXi AppTec Group, Opcon, Mindray Medical... The selling orders on Tigermed were wiped out, and these fifteen stocks rose all the way to the close.

Jiu'an Medical Group, +10.54%
WuXi AppTec Group, +7.54%
Jianfan Bio, +9.12%
Opcon, +7.87%
Mindray Medical, +8.78%
Yuwell Medical, +9.12%
Lepu Medical, +7.12%
Fosun Pharma, +6.12%
Tongce Medical, +5.23%
Watson Bio, +6.87%
Hengrui Medicine, +7.78%
Aier Ophthalmology, +8.41%
Zhifei creatures, +9.25%
Huadong Medicine, +8.75%
Tigermed, +7.78%
The entire medical sector has also risen a lot because of their surge, which runs counter to the broader market.

Investors in the market were stunned again.

"Damn it, I'm afraid the medical sector is crazy."

'This is the main institution sweeping the medical sector. I sold the stock of the medical sector today, what an idiot. '

"It must be a big organization that can bring up a sector."

"I think the medical sector will continue to rise tomorrow."

"The market index has actually bottomed out. During the bottoming period, the medical sector took the lead."

"Tomorrow everyone will buy the medical sector."

"Needless to say, the Chengtian public offering fund is sweeping goods, and this public offering fund focuses on the medical sector."

"Before, Chengtian Public Fund announced the top ten holdings of stocks, and the major medical companies that rose today are all listed on it."

"Look at the net value announced by Chengtian Public Fund. If it increases by more than 4 points, it must be because of the sweeping of the medical sector."

·
At five o'clock in the afternoon, Chengtian Public Fund announced the unit net value.

Unit Net Value: 1.4664 (+5.78%)

The yield of 5 points makes investors very happy.

"The male god is indeed sweeping the medical sector."

"The male god is amazing!"

"The yield of Chengtian Public Fund is too stable."

Institutions that have subscribed to Chengtian Public Fund are more satisfied.

"I'm satisfied with an average monthly rate of 6%."

"Yeah, even with a monthly rate of return of 6%, the yearly rate of return is 201%!"

"We are satisfied with an annualized rate of return of 10%."

Gao Yu looked at the rate of return of Chengtian Public Fund with some envy.

The net value of his Taixin Hybrid Fund has shrunk by 5% again today.

Because the market has been falling recently, the Thai-Sin Mixed Fund originally had a fund size of 712 billion, but now there are still [-] billion left.

Moreover, he had to face the billions of redemption from Chaoyang Financial Management Company, which completely disrupted his layout.

The stocks he bought all had very good prospects.
Next had to sell!

Today, the stock price of the medical sector has risen sharply. The stock price of Opcon, which he plans to sell, has rushed to 90 yuan per share, with a market value of more than 800 billion.

"Start selling this stock tomorrow!"

···
In the evening, a private box at the Shangri-La Hotel.

Luo Cheng, with Li Chaoyang, the president of Chaoyang Financial Management Company, and Li Zongchao, the president of Fenghua Financial Management Company.

Li Chaoyang toasted Luo Cheng: "Mr. Luo, your Cheng Tian public fundraising fund is indeed stable, I respect you."

This Chaoyang wealth management company invests 50%, and the profit today is 5.78%, which is 2.89 million!

This year's management fee is 1.25 million, which is a lot of money. It is a very wise choice for him to invest all the remaining funds of Chaoyang Wealth Management Company in Chengtian Public Fund.

Li Zongchao also echoed: "Mr. Luo, today's medical sector counterattacked the market because of the sweeping goods of Chengtian Public Fund,"

Fenghua Wealth Management Company invested 40 billion, which is also full of income.

"Haha, the medical sector is a relatively strong sector. These 15 stocks that I have a heavy position in just drove the rise of the entire sector." Luo Cheng said with a smile: "The medical sector is my next focus of Chengtian Private Equity Fund and Chengtian Public Fund. Holdings plate."

Li Zongchao asked expectantly: "Mr. Luo, when will Chengtian Private Equity Fund start to act?"

Luo Cheng: "Tomorrow."

(End of this chapter)