Before departure, Kyushu International Trade not only completed all foreign trade procedures and foreign exchange applications, but also applied for 3 million Hong Kong dollars through the relationship of Director Lu on the grounds of inspection and business negotiations.

Then Lu Xiaomin and Chang Tianhao applied for a business endorsement to go to Hong Kong for inspection, at this time there was no free travel to Hong Kong, and there was a lot of trouble, but it was much easier to have this identity in hand, after all, he was still an executive director in Kyushu International Trade, and it was natural to go out to do things.

However, Chang Tianhao went to the hospital to ask for leave, and it took a lot of time. It was difficult for the teachers to understand that a first-year student was going to Hong Kong for a business investigation, and it was not until someone mentioned that Chang Tianhao was the young man who took a photo with the dean of the chess academy that day, and everyone suddenly realized that it was no wonder that he was going to Hong Kong.

Sometimes it is good to blow it once in a high-profile manner, without those high-profile appearances in front, who knows who Chang Tianhao is?

She whispered, "Tianhao, where are you looking for a lawyer?"

Chang Tianhao pointed to the newspaper: "There are a lot of advertisements on it, I check the nearby law firms to see if there are any suitable ones." ”

This is an excuse for Lu Xiaomin, in fact, he had thought about who to find in Hong Kong before he came.

Before his rebirth, he had dealt with several Hong Kong lawyers because of the needs of the company's project, and his professional ethics were not bad, and the most profound influence was a lawyer Lin Zhenghao who was nearly 50 years old, not only experienced, but also very modest, unlike many people who are full of professional jargon, always patiently help explain the difference between the legal terms and connotations of the mainland and Hong Kong, and help them complete the project quickly, so the two have a bit of friendship.

According to the history he knows, the young Lin Zhenghao has not yet come out to set up a law firm on his own, and should practice in the nearby Chengda Law Firm, as long as he looks for it, he can meet it. and Lu Xiaomin said that according to the newspaper advertisement, it is nothing more than a trick - some words can only be buried in their hearts, and even the person next to them can't tell them, because if they say it, there may be more trouble.

Lin Zhenghao is indeed very strange Chang Tianhao is familiar with the way to find himself, he is still a young lawyer who has just finished his internship for less than 2 years at this time, he does not have much business, his reputation is not good, and his income is also very low, but because of the reception Chang Tianhao seriously explained a few words, the other party decided that he had full authority.

"Mr. Lin, I need to register 4 companies: a Cayman company, a BVI company, a Hong Kong clothing group, and a Hong Kong software company......" Chang Tianhao said, "Among them, the Cayman and BVI offshore companies are registered in my personal name, and the two enterprises in Hong Kong are invested and registered by these two offshore companies. ”

"No problem, I can do it, it will take about 6 days, no, I will do it for you in 5 days." ”

"Apparel groups also need to register 3-5 clothing trademarks. ”

"You can submit them all together so it's a little faster......"

"I also need you to help me draw up two mainland agency contracts and register the license contract for the use of goods, which is not particularly complicated, just use the benchmark template. ”

"No problem, I'll show it to you in three days. ”

Lin Zhenghao was very excited, this business was more than he imagined.

Lu Xiaomin successfully got the 3 million Hong Kong dollars that had been exchanged in China and opened an account, and took out 400,000 yuan. Of the 400,000 yuan, it is necessary to pay more than 150,000 yuan for consulting fees, lawyer fees, registration fees, stamp duty, etc., and the other is left to prepare to meet the company's daily expenses.

It is easy to register a company in Hong Kong, especially the offshore companies in Cayman and the British Virgin Islands, which is simply a model of free registration, neither capital verification nor audit, complete confidentiality of shareholders, and basic exemption from taxation, so that many state-owned enterprises (such as State Grid, China Mobile) and almost all international venture capital and private equity M&A funds (IDG, Softbank) and many private giants (such as NetEase, Sohu) almost all of them achieve capital operation through the establishment of offshore holding companies in offshore jurisdictions, including the establishment of foreign-invested enterprises, overseas listings, overseas acquisitions, etc.

In the next few days, Lu Xiaomin watched Chang Tianhao sign various legal documents. He set up two companies, one called Western Pacific Investment (WP Investment) and the other called Big Data Venture Capital (BD Capital), which were derived from these two companies and registered and established Hong Kong Adeline Apparel Group and Gungnir Software Company.

In addition to the Chinese name, Chang Tianhao signed the most is Contini· Chiang, abbreviated as CC.

2.6 million Hong Kong dollars to deal with Chang Tianhao's characteristics, he signed an agreement with Kyushu International Trade in the name of Hong Kong Adeline, stipulating that since April 15, 1999, Kyushu International Trade has obtained the general agency rights of all Adeline's famous brands in the mainland, with an agency fee of 2 million / year, of which the deposit is delivered in advance 1 million, and all well-known brands under Adeline - such as Wellington, Duke Caesar, Julie Delpy, Elizabeth, according to 150,000 / years of standard authorization to get used. Freshly baked, a "famous brand" with a lifespan of only 2 days!

With the contract, the attestation and the Hong Kong lawyer's witness in hand, as well as the contract full of more than 20 pages in Chinese and English, it is easy for Kyushu International Trade to return to China, as the legal representative, Lu Xiaomin signed all the contracts in the room.

"Go back and sign a software copyright authorization and agency project, and transfer 5 million Hong Kong dollars to Hong Kong...... Of course, this will have to wait until you return to China, and you will inevitably have to go to your family again. ”

She pointed to the clause that "the trial cooperation period is 180 days, and if the contract is not formally signed, the contract money will be returned after deducting the necessary handling fees", and asked, "What does this mean, and you still plan to get the money back?"

"It's all fine in terms of formality, but it's going to be a bit of a hassle, so I'm going to have to get the money back in the future. ”

"Isn't it troublesome to go around?"

"Of course it's troublesome, but in order to avoid greater risks. Chang Tianhao said, "A Kyushu International Trade with a registered capital of only 1 million yuan has no reputation in the industry, why can it do such a big business?

Lu Xiaomin was stunned and felt reasonable.

"If the funds are returned after 6 months, and the foreign exchange stays in the mainland, the situation is much easier to explain - if you go out and don't succeed, you will come back!"

Lu Xiaomin nodded and said, "You think very thoughtfully." ”

"Because the legal representative of Kyushu is you, I don't want to take you in because of some adventures, I can't afford to lose, and I can't afford to lose ......"

She was moved by this statement, and threw herself into Chang Tianhao's arms - the negotiators of the two sides celebrated the happy cooperation on the bed.

After being exhausted, she lay on the bed and complained lazily: "What the hell are some other contracts? I didn't understand any of them, why the Hong Kong contracts were so complicated, and I signed them all in a daze." ”

Chang Tianhao smiled: "These contracts are deeds of sale, and I sold you to me." ”

"How many years?"

"I hope forever. ”

"Don't be so long......," she gently covered his mouth, "I'm not so greedy, it's almost fine, you have to get married anyway, and we can't do this anymore when we get married." ”

Chang Tianhao nodded lightly and hugged her tighter.

On April 12, all contracts, funds, and accounts were all in place, and Chang Tianhao could finally start speculative operations in the name of WP Investment and BD Capital.

He set up two speculative accounts separately, one at Schwab.

This is a company founded by Schwab, which was unknown before the 70s, and the reform of the US commission system in the 70s provided a rare opportunity for Schwab. When the government lifted the commission limit for securities trading companies, most of the big dealers either did not understand the current affairs or took advantage of the situation to raise their fees, but Schwab did the opposite and greatly reduced the trading commission, achieving great development and successfully going public.

After the listing, although the scale of assets has been further expanded, the importance of small and medium-sized customers is still as always, although 2.6 million Hong Kong dollars looks a lot, but for the investment field is 300,000 US dollars, Chang Tianhao has to be divided into two accounts, which is an out-and-out medium account, and Charles Schwab can get more preferential treatment than going to large brokerages such as Mo, Merrill Lynch, and Goldman Sachs.

Charles Schwab is also an early company to promote Internet transactions, Chang Tianhao will soon return to China, it is impossible to stay in Hong Kong for a long time, and it is worthless to not be able to trade through the Internet.

The other account is based in Interactive Brokers, which is the largest U.S. stock online brokerage in the Rebirth Era, also listed on the NASDAQ, not only has strong assets and strong control, but many hedge funds are using this brokerage channel, and is considered to be the best in the future.

Since Hong Kong did not have universal broadband at this time, dial-up Internet access was not enough to support speed, so Chang Tianhao took a notebook to place an order at Schwab, and he wanted to bet on U.S. stock options.

The current Internet boom in the United States will peak in March next year and plummet, but there is still a long way to go before the bubble bursts, and betting on options is the fastest option to make quick money.

Lu Xiaomin watched him open the software, not only did she barely recognize the text on it, but she didn't understand his methods, so she still obediently stayed aside and read the newspaper.

"Are there any restrictions on mainstream index options in U.S. stocks now?"

The account manager glanced at Chang Tianhao, and it was very strange that he asked this question, this is something that only large investors should consider, can a mere $150,000 account consider this?

But the instinct of service still made him subconsciously blurt out: "Yes, sir, in the direction of pure speculation, the maximum limit of S&P options is 25,000, the maximum limit of Dow Jones is 20,000, and the limit of Nasdaq and Russell (IWM) is 15,000 respectively. ”

"I understand!" Chang Tianhao made an OK gesture and began to place orders quickly - although it is daytime now, the standard trading of US stocks has not yet opened, but the electronic market is not restricted.

He first excluded the S&P, because this piece of meat is not big, the SPY index has broken through 1,300 points in April, and it only rose to more than 1,500 points when the bubble burst in Internet stocks, and it did not even rise by 20% when it was full, and the Dow Jones index changed by about the same amount, but the Nasdaq index is different, and now it is only more than 2,600 points, which is nearly 1 times higher than 5,100 points from the bubble bursting.

He quickly observed many out-of-the-money options with a strike price of more than 2700 points, ranging from $0.1 to $100, relatively speaking, the recent out-of-the-money options sold more, and fewer forwards, he wanted to buy all the forwards as much as possible, but at the same time the price should be low enough _ the lower the price, the greater the future surge multiple.

Lu Xiaomin watched his fingers fly, constantly typing dazzling instructions on the software:

1,000 out-of-the-money options expiring in September, settled at 3,500 points, at $6.85 each, costing nearly $7,000;

Out-of-the-money options expiring in September and settling at 3,700 points...... Out-of-the-money options expiring in December and settling at 3,600 points......

From September to December, from 3,500 points to 4,000 points, Chang Tianhao set all the purchase orders for all the out-of-the-money options that were involved and deviated greatly, and almost spent 150,000 yuan.

She couldn't help but ask, "What are you buying?" It's not like stocks, it's not like futures. ”

"Placing an option order. ”

"What is an option?"

"A financial term that refers to a derivative of stocks, futures, foreign exchange, interest rates, and refers to a contract that gives the holder the right to buy or sell an asset at a fixed price on or at any time before that date. ”

Lu Xiaomin frowned: "I understand every word you said, and I don't even understand it at all." ”

"I'll make an analogy that's not entirely appropriate. Shen Jinxing stock when you bought 8 yuan, now 15 yuan, if I tell you that there is a warrant, you can buy Shen Jinxing with 10 yuan, this kind of warrant 1 yuan, do you buy it?"

"Why don't I buy a stock for $8 and buy something like this $10?"

"What if it's a dime?"

"Then don't buy it! There are 8 yuan to buy, why buy 10 yuan?"

Chang Tianhao smiled: "Buy stocks directly, 800 yuan can buy 100 shares, and if it rises to 15 yuan, you will earn 700 yuan." If you buy warrants, 1 cent, 800 yuan can buy 8,000 pieces, each piece earns 5 yuan (15-10 yuan), 8,000 pieces is 40,000 yuan! Even if you buy 1 yuan a piece, 800 yuan can buy 800 pieces, and each piece earns 5 yuan can also earn 4,000 yuan. ”

Lu Xiaomin was stunned, and after thinking for a long time, he said, "It seems to be a little understood!"

"Of course, if the stock does not rise, or only rises from 8 to 9, then you can earn 100 by buying stocks, and you will lose all of them if you buy this just now, because the warrants will not be worth a penny at that time!"

She suddenly became nervous: "Will you lose all your money like this?"

"That's the $150,000!"

"That's good, that's good. She breathed a sigh of relief, $150,000 is not a problem for Chang Tianhao now, "I feel that the risk is so big." ”

"In fact, it can be controlled, the key is to grasp the desire. ”

Chang Tianhao, who was about to put away his notebook after the operation, suddenly thought that he hadn't been in contact with China for a long time, and went to TICQ to see what the latest developments were.

Wang Huiling sent a message that was okay, and she only routinely reported that mung beans had risen, but the text sent by Qiao Bingqian made him startled!

Old Tang, you don't bring such a play, I just want to set off a firecracker, and you actually blew up the whole sewer?

Lu Xiaomin was also dumbfounded when he saw it: Chang Tianhao's ability to cause trouble is too unexpected.

"Let's figure out how to deal with Qianqian?" she clicked on the text on the dialog box, "Uncle wants to see you, you're in big trouble!"