On weekends, Tianzhou Online continued to disclose news related to the asset restructuring of Yixing Video. The company has not suspended trading, and the disclosure of information is also disclosed regularly every week, and the latest progress in planning the asset restructuring is announced.
The next week is the last week of September, and it is also the last five trading days before the holiday. After that, there is the National Day holiday, which is superimposed on the weekend. Big A has to close for ten days before opening.
In the last five trading days before the holiday, the market index closed four times in five days and continued to reach new lows for the year. The Shanghai Composite Index fell to its lowest point of 2,348 points before the holiday.
But in these five trading days, Tianzhou Online, which was the most popular leader in the two cities in September, went beyond everyone’s expectations and was directly promoted to the overall leader in popularity in the two cities this week. Every day it either sets a new record high or sets a new record. On the way to all-time highs.
On Monday, the daily limit was opened again, and the stock price reached 37.50 yuan, with a market value of 7.012 billion yuan.
Tuesday opened higher by +2.90%. After five consecutive straight-line breaks, it also opened higher and dived today. The intraday low fell to 35.94 yuan, a drop of -4.16%. During the period, I followed the trend and cashed in the profits. The average transaction price About 37 yuan, with principal and interest of about 93 million yuan.
During this period of market conditions, Zhuiyi's 50 million capital won by about 85 percentage points, making a crazy profit of about 43 million yuan. His total net worth was also close to 500 million yuan, and he once again gained a lot of blood.
Follow the trend and evacuate in the early trading, but when the market opens in the afternoon, Tianzhou Online turns red from underwater to rise, and accelerates to hit the market in the late trading. Follow the trend and directly use the uncommon "SB" tactic, directly after the rise exceeds At 7 o'clock, I started to buy it again. This time he bought it directly for 100 million.
At around 14:49, the stock price of Tianzhou Online reached the price of 41.25 yuan, with an increase of +10.00% and the daily limit was sealed. This time, many people in the group bought it because a huge amount was released.
As of the close of trading, Tianzhou Online's full-day trading volume reached 1.006 billion yuan, and its market value soared to 7.713 billion yuan.
On Wednesday, Tianzhou's online call auction opened higher by +7.51%, fell back to +5.97% in the first minute of the opening, and then went straight up to a record high of 45.38 yuan, rising +10.01% to close the daily limit, and then went to a shrinking daily limit. The daily trading volume is 391 million yuan.
At that time, the second period of the main Shenglang nine-continuous market had already emerged, and the total market value had risen to 8.486 billion yuan.
On Thursday, September 29, Tianzhou Online opened higher than the daily limit in early trading and broke out of the ten-day trading limit. The stock price rushed to a new high of 49.92 yuan. However, it exploded at 11 o'clock. The stock price plunged and turned green and once fell -3.26%. During the diving period, I followed the trend and ran above the red plate, making another profit of more than 12 million.
Investors thought that Tianzhou Online was dead now, but it turned weak and strong again in the afternoon, and finally closed at a high level. However, this was a false negative line. The stock closed up +1.10%, and the stock price closed at 45.88 yuan.
Friday, September 30th, the last trading day of this week and the last trading day before the National Day arrived as scheduled.
The market continues to fall, and Tianzhou Online, the most popular leader in the two cities, has become the most recognizable high-priced stock in the market. After closing at a high level on Thursday with a false negative line, the stock opened slightly lower today and then reversed upward for two minutes. Package Quotes.
At about 10:22 in the morning, the stock price reached a record high of 50.47 yuan, up +10.00% from the daily limit, officially breaking through the 50 yuan price, and the market value also soared to 94.37 yuan, with a market value of tens of billions just around the corner.
This turnaround board reduced the transaction size by 761 million.
It is worth mentioning that he went with the flow and continued to hold a group with a high standard. He intervened in Tianzhou Online for the third time today and used 50 million funds to start the relay. The trend of this ticket was too much beyond expectations, but the position was indeed not low, so he did not continue. Hundreds of millions of hard fucks.
Seeing the trend of Tianzhou Online, the stock investors were all dumbfounded and could not understand why Yixing Video could be worth more than 9 billion?
In the second period, the main rise surged by +188.40%, and the price increased fivefold from the historical low of 8.33 yuan. The specific figure reached a cumulative increase of +505.88%.
This increase has exceeded the increase of ATL Technology, a new GEM stock, this year, and is second only to the increase of Xinhualian.
Xinhualian's stock surge this year is also due to the asset restructuring. It was previously called *ST Shengfang. It was suspended from trading in March 2006. It was suspended from listing for more than five years and returned to the A-share market. After the restructuring, it was renamed Xinhualian. In July this year Returned on the 8th.
On the day of the resumption of trading, Xinhualian did not set a price limit. The stock price soared +799% and closed at the end of the day. The highest intraday price soared to 12.15 yuan, an increase of +938%, which was called a "blowout" surge.
This has also made Xinhualian the stock with the largest increase this year. However, the trend of this stock is also the peak after the resumption of trading. Currently, it has dropped to the lowest price of 5.83 yuan on the last trading day before the holiday. Compared with the highest price on the day of resumption of trading, the total price has plummeted -52 %, already cut in half.
Tianzhou Online surged five times due to asset restructuring, but many investors couldn't understand it. If it was Yixing Media Group's backdoor, this increase would definitely not be enough.
But the problem is that the backdoor is a subsidiary of Yixing Media Group, an online streaming video website called Yixing Video.
Although Yixing Video's development is still very good in terms of user growth rate, the cost of this increase is at a user cost that is far higher than that of its peers. The cost of Yixing Video to acquire a user is almost Three times that of other peers, which has also led to the company's huge debt.
Investors don’t think that Yixing Video can’t make money. After all, the funder behind it is Qunxing Capital, which is not short of money. And it is precisely because of this background that Yixing Video has caught up from behind and dominated the field of video playback. Kuitudou is ahead of its peers, and is second only to Kuaibo.
The funder’s father Qunxing Capital has no worries about having no money to burn, but this money is not free money from the funder’s father. It is reflected on the balance sheet of Yixing Video and will have to be repaid in the future.
It's good to be able to get up, but if you don't come together, the risk must not explode.
Now the market value has reached tens of billions, and the valuation bubble has become unimaginably big.
The valuation of a unicorn is US$1 billion, and Tianzhou Online's current market value converted into US dollars is about US$1.5 billion. Currently, none of the domestic online video websites has a valuation level that has reached the unicorn level.
In fact, not to mention the majority of investors in the secondary market, even the cooperative institutions of "market makers" such as Bell Capital and Perennial Capital feel that this is a bit excessive.
But this does not prevent several major cooperative institutions from driving up the stock price. After all, if there is Qunxing Capital behind it, then it can make money steadily, regardless of whether it is the price-earnings ratio or the dream price ratio.
Fang Hong is not worried about Yixing Video at all. Netflix's market value peaked at US$250 billion, and Youtube also gave a valuation of US$300 billion. The combined market value of these two companies exceeds 500 billion. Dollar.
Yixing Video is rushing to become Mainland Netflix and Youtube. Considering that these two companies are global, Yixing Video’s presence in the Greater China market itself is comparable to a world-class market size.
Conservatively speaking, a scale of 300 billion US dollars is not an exaggeration. According to the current exchange rate, it is close to 2 trillion yuan in scale.
Fang Hong is not someone who cares about short-term interests. Qunxing Capital provides continuous financial support for the early and mid-term development of Yixing Video.
Valuation bubbles are not all bad things. Bubbles can be burst and become a mess, or they can be filled up to open up a broader space for development. As long as Yixing Video gets up, the current bubble can be completely wiped out. Fill in.
…
(End of chapter)
