The Lantern Festival is not a statutory holiday, and there is no festive atmosphere in Hong Kong, it is said that there are small lantern displays in the surrounding parks at night, but the scale and flow of people are definitely not as good as Yanjing.

Xiao Wuyi called early, but she didn't reply to her text messages last night, and Chen Qiaoshan complained very much.

Xiao Wu likes to be lively the most, he has long been worried about the lantern festival in Yanjing, he will definitely not miss it today, he called to confirm Chen Qiaoshan's itinerary, can he rush back to Yanjing today or two, hearing this reply, Xiao Wu was a little disappointed, but he still said that he wanted to go to see the lantern festival with Yan Xiaoqin, Chen Qiaoshan was not very relieved, Miyun Park just had a stampede tragedy during the Lantern Festival last year, and the number of casualties even overshadowed the accident on the Bund in Shanghai in the future.

Chen Qiaoshan knew that with Xiao Wu's temperament, Yan Xiaoqin might not be able to cure her without being restrained by himself, so he had to call Yan Zhenghua and ask Xiao Wu to be with the Yan family tonight, with Yan Yan's girl to follow, Xiao Wu is a bit like a sister, and there should be no trouble.

…………

In the morning, Chen Qiaoshan went to the UBS headquarters in Hong Kong as scheduled.

Although the investment is not small, he visits UBS only a handful of times, and usually makes an appointment with Eliot to discuss things, which is also the habit of most people, and they don't like to stay in the office to talk about investments.

"Chen, welcome. Norton was already waiting at the elevator entrance, which surprised the front desk secretary who accompanied Chen Qiaoshan.

Chen Qiaoshan said with a smile: "Mr. Norton, there is no need to welcome, I just hope that today's trip can make us both have a satisfactory result." ”

"Definitely. Norton was naturally full of promises, but he didn't mean to talk about work immediately, but asked with interest, "Chen, do you want to show you around our office area?"

As the world's top private bank, UBS Hong Kong is headquartered in the second phase of the IFC, which was completed in 03 years and is currently the tallest building in Hong Kong and among the top three in the world.

UBS has a lot of money, not only one office in Hong Kong, only the IFC has rented four floors, Chen Qiaoshan is on the 76th floor, and the upper ten floors belong to the Hong Kong Economic Authority, which has become a symbol of Hong Kong's wealth in the eyes of the outside world.

In the face of the invitation, Chen Qiaoshan naturally will not refuse, unlike the crowding downstairs, this floor is very loose, all are independent office areas, with a wide view, as far as the eye can see, the whole Hong Kong can be seen.

In the end, Chen Qiaoshan was introduced to the office by Norton, and the two got to the point when the secretary brought tea.

"Chen, we have received your request, and frankly, it is a bit difficult. Norton set the tone first, and the meaning of his words was very clear, not that they couldn't talk, but that the conditions had not yet been put in place.

Chen Qiaoshan wants to borrow the channel of UBS to transfer the funds in his hand back to China and make an investment similar to an equity fund, as for the investment direction, of course, it is subject to the A-share market in the next two years.

Nowadays, there is really no good market channel for large sums of overseas funds to enter and exit the domestic securities market freely, except for these multinational investment banks.

If it is just to get money into China, Chen Qiaoshan still has a way to think, but the best way to bring large profits back to the international market smoothly is to use the channel of QFII, and UBS enjoys the largest investment share in the domestic stock market, and cooperation with UBS is obviously the best choice.

Norton revealed the meaning of the asking price, Chen Qiaoshan did not feel strange, it was him, he controlled the channel resources in his hands, and he would not let go easily, he did not show any uncertainty on his face, and asked directly: "Mr. Norton, I am very sincere, the conditions can be discussed, and you can ask any questions." ”

Norton said: "Chen, you have to understand that UBS has always only opened its channels to institutional investors, and will not open it to private investors for the time being, which is also a requirement of the mainland government. ”

Chen Qiaoshan knew that this was a pretext.

With his capital holdings, it is a bit far-fetched to say that he is a private investor, even for a medium-sized hedge fund.

Theoretically speaking, two or three million US dollars can achieve a low allocation of hedge funds, and the scale is a little smaller in the international market, but the ship is small and easy to turn around, and this kind of small and micro funds do exist in large numbers.

Norton is detouring here, undoubtedly wanting to increase the bargaining chips in the negotiation, and today, Chen Qiaoshan is no longer a newcomer in the financial field, and he immediately said without saltiness: "Mr. Norton, if necessary, we can consider a different way of cooperation." ”

Ed Norton was a little unsure of the meaning of Chen Qiaoshan's words for a while, and he asked tentatively, "In what way?"

"Since this road is not working, then I might as well think differently, Mr. Norton must be clear about the amount of my funds, it is better for me to set up a hedge fund in Hong Kong, and then negotiate cooperation with UBS in the name of the fund, which not only avoids legal risks, but also meets UBS's compliance standards. ”

Chen Qiaoshan smiled and released the plan, but Norton's face changed, there was no way, this proposal was really a bit cloudy.

So far, the funds in Chen Qiaoshan's account are nearly 60 million US dollars, and the annual management fee alone is more than 10 million Hong Kong dollars, which does not include performance sharing, if the other party is allowed to set up a hedge fund, not only will he lose such a big customer, Chen Qiaoshan is still unknown whether he is willing to continue to cooperate with UBS, you know, UBS is known for private wealth management, and from the main brokerage business alone, it can only be regarded as second-rate at most.

Norton knows very well that if it were him, with such a large amount of money in his hands, even Goldman Sachs and Merrill Lynch would be able to go, and there would be no need to continue to cooperate with UBS.

Chen Qiaoshan almost drew the bottom line, and if he couldn't talk about it, he would break up in two, Norton himself was an old fox, how could he not know the meaning of Chen Qiaoshan's words, of course he wouldn't joke about this, if he lost such a big customer, he couldn't explain it in all aspects.

Chen Qiaoshan has already shown his hole cards, Norton no longer detours, and now goes straight to the topic, discussing the issue of share, as for compliance, there are ways to circumvent it, I said it for a long time before, but it is all a test.

What followed was a two-year bull market, with the market rising from 998 points all the way to a high of 6124, and such an opportunity could not be missed.

UBS itself offers margin trading with low rates, but the RMB market is an exception.

QFII is a scarce resource, even if UBS surpasses GS and MS to hold the largest market share, it only has an investment quota of one billion US dollars, Chen Qiaoshan opened his mouth and asked for 100 million US dollars, in Norton's view, this is obviously unrealistic.

Now that the SSE 30 has been adjusted to the SSE 180, and the SSE 50 was also introduced on New Year's Day last year, even if it is just a simple index tracking fund, Chen Qiaoshan can make a big profit from this wave of bull market with his eyes closed, and the more capital in his hand, the better.

"Mr. Norton, I am very sincere, according to the rules, I hold a sufficient amount of funds, and it is not too much to ask for a share of 100 million, right?" As the saying goes, ask for a price all over the sky, sit on the ground and pay back, no matter what the result is, Chen Qiaoshan always has to fight for it.

"Chen, that's not how the rules work. Norton is not easy to fool, he immediately debunked Chen Qiaoshan's rhetoric, and continued to retort: "You have one million dollars, of course I can lend three million dollars, even five million dollars can be considered, but this is 100 million, obviously not the same thing." ”

Chen Qiaoshan smiled, and then said: "If the financing interest rate is doubled, do you think this condition can continue to be discussed?"

"Is that true?" Norton was obviously shocked, Hong Kong is an international financial harbor, low financing interest rates, high leverage, this is a common phenomenon in the industry, but doubling interest rates is not something anyone dares to play.

"Of course it's true, I never joke about investments. Chen Qiaoshan has no room at all, even if the cost is a little higher, he can bear it, compared with the expected profits, the financing cost is really a little insignificant, if you miss this wave of market, the next bull market will have to wait for at least another ten years, rather than invest a little money to waste the opportunity, it is better to give it a go.