In the Internet age, information exchange is undoubtedly extremely rapid.

The editor of Sohu Finance immediately saw Chen Qiaoshan’s new article.

Yan Xiaoqin couldn't understand the content inside, but people in the financial industry could easily see through the intention of the article.

"The title of "A-share is a Vanity Fair", this title is very curious, but the content is a bit sensitive!" Chen Jie, editor-in-chief of Sina Finance, murmured to himself.

"I don't think so." Financial director Fang Gang made the opposite argument, "I don't care if there are any problems in the stock market."

After a pause, he continued: "Now Li Su accused Peking University Qiaoshan of shorting the stock market, and Peking University Qiaoshan accused Li Su of not understanding the economic laws. Their verbal battle is very interesting."

The editor on duty who was waiting to make an idea was helpless. He was the first to see this article. He couldn't take it seriously for a while and could only ask the two big bosses to decide.

But depending on this, the two big guys also had different opinions.

He complained in his heart that he didn't know what was wrong recently, but he was always in the same way, so he didn't stop.

Editor-in-chief Chen Jie thought about it for a while and said, "I think this is the case, so the content will not be changed. I will slightly modify the title."

Fang Gang nodded and said nothing.

The editor on duty asked: "Editor-in-chief, how do you see the title appropriately?"

Chen Jie thought for a while and said, "We cannot have a clear bias. Let's do this, let the audience choose the answer, and change it to "Is the stock market a Vanity Fair?"

"I think it's possible, so do it!" Fang Gang made the final decision.

The editor on duty left, but the topic did not end there.

"You said, didn't these two people start a quarrel because of Delong's incident? Why did they get involved in the stock market after arguing?"

"Who knows, I was waiting to see Peking University Qiaoshan bombard Delong, but it seems that there is no chance."

...

After the manuscript was sent out, Chen Qiaoshan did not delay and left the school directly.

He has been very honest recently and never skipped classes, which surprised many people who are familiar with him.

Although Chen Qiaoshan is here, his mind may not be left in the classroom.

Things in the Delong Department will soon be clear, and the time for speculation will be fleeting. He knows that the pace must be accelerated.

Chen Qiaoshan came out this time and dressed up specially, wearing a very old shirt, trousers and leather shoes. Not to mention, the effect is really good. After dressing up like this, I couldn't see any student's appearance in the mirror.

"Dashan, why are you dressing strangely today?" Liu Yang asked curiously.

Although it is not a professional, I can meet him sooner or later when I live in a dormitory. Liu Yang naturally knows his usual preferences. Today, he feels very strange.

"It's okay, change your look today." Chen Qiaoshan smiled and said perfunctorily.

Liu Yang curled his lips, obviously not believing it.

Chen Qiaoshan ignored it, took care of it again, and left the dormitory quickly.

This time he didn't stare at the bicycle. There was no way, the destination was too far, and it was not suitable.

There are many taxis in Yanjing these days, and the models are also varied.

Just in early 2003, a new taxi policy in Yanjing was introduced, requiring local self-produced models to be used, and the previous ones were gradually eliminated.

Now on the market, the most common ones are Elantra and Sonata, and there are also a large number of Jetta and F&B.

This is the first time Chen Qiaoshan has been renting in Yanjing, which is a bit novel.

The ending was a bit tragic. From the east gate of Peking University to the Financial Street, the car inexplicably detoured from Zhongqingzheng to Baiyun Temple and took a long walk to the destination.

When paying, Chen Qiaoshan's eyes were full of resentment. The driver looked very old and had a good conversation all the way. Unexpectedly, he was not ruthless at all.

Chen Qiaoshan has no trace of ink, and he has not been cured ten years later, so don’t be serious now.

Today's destination is Tianyi Securities, a brokerage company that started in the south. It only went out of Zhejiang last year and obtained the business qualification of a comprehensive brokerage company.

Chen Qiaoshan knew that Tianyi Securities was a tragedy.

It started to expand in 2002, but it got into big trouble in 2004.

Tianyi Securities was directly targeted by the China Securities Regulatory Commission for embezzling customer margins and illegally providing capital allocation for stock trading, and was eventually custodian.

This is Chen Qiaoshan’s first time to visit Yanjing Financial Street, and he feels a little emotional.

Today's Financial Street has not been fully built, and the landmark building, the "Financial Street" sculpture by sculptor Hao Chonghai has not yet been established.

When Chen Qiaoshan entered Tianyi Securities, he felt a little strange. He naturally had no shortage of money by setting up his outlets near the Financial Street, but this business hall was a bit small.

He just muttered a few words in private. In this day, the business hall still has some effect, and it can basically be ignored in future generations.

The place is not big, but the service is very good. As soon as Chen Qiaoshan entered the door, he had a dedicated person to receive him.

He didn't delay much, and contacted him before departure and directly found Fatty Sun's account manager.

The account manager is a tall and thin man named Wang Zhan, with a southern accent mixed with Mandarin.

"Mr. Chen, I don't know what business you want to do today?"

Chen Qiaoshan said: "Stock trading!"

Wang Zhan was stunned and said, "If you trade stocks, you don't need to come here. Just contact me by phone, and I can help you."

Chen Qiaoshan smiled and said, "That's right, I want to get funding!"

Wang Zhan was a little hesitant, but he soon returned to normal and said seriously: "Mr. Chen, sorry, we don't have this business here."

Chen Qiaoshan was not surprised at all when he heard this answer.

These days, capital allocation is the so-called leveraged stock trading, which is illegal, but it is still banned.

In finance, leverage means magnification, which is equivalent to multiplication in mathematics.

Financial leverage is very common, but it has not become popular yet, or the public has not accepted the concept of leverage.

In fact, financial leverage is very common in residents' lives. Mortgage loans are actually a kind of financial leverage. However, today, mortgage loans have not become popular on a large scale.

in the country, mortgage loans have started in the mid-1990s, but the progress is slow.

This is also related to domestic consumption habits. In order to promote mortgage loans, there is a popular saying now:

An old American lady said: "I worked hard for 30 years and finally paid off my mortgage."

An old Chinese lady said: "I have worked hard for 30 years and finally saved enough money to buy a house."

Chen Qiaoshan knew that this was actually a marketing advertisement for banks to promote mortgage loans, but it also demonstrated the superiority and necessity of financial leverage.

Of course, financial leverage is not always good, there are unknown risks hidden in it.

...

"Manager Wang, you can take a look at this." Chen Qiaoshan handed over a small folded note and a bank card.

Wang Zhan took it and found that it was a bank print voucher with the card number consistent with the bank card, and the amount was 100,000 yuan.

He was a little surprised that a hundred thousand yuan was not a small amount of money.

Although Chen Qiaoshan is dressed very well, he should not be very old.

Wang Zhan couldn't take it seriously for a while, so Tianyi Securities naturally had financing services, but the general targets were old customers.

Chen Qiaoshan is a new face, but for the sake of money, he is a little hesitant.

"Wait a minute, I'll go and ask for you." Wang Zhan couldn't help but return the card in his hand to Chen Qiaoshan and hurried away.

It’s no wonder that the market trend is sluggish these days, retail investors have run away, and the entire business hall is empty.

It is difficult to do business and money is difficult to make. It seems that Wang Zhan naturally doesn't want to let go of a new retail investor.

Soon, Wang Zhan came over with a smart and capable man in his thirties.

"Mr. Chen, this is our Director Wang, you can talk to him about the matter." Wang Zhan introduced.

Several people exchanged greetings, and Chen Qiaoshan had an extra business card, Wang Wei, and the account director of Tianyi Securities Financial Street Business Department.

Seeing this name, Chen Qiaoshan was startled. He asked subconsciously: "Director Wang, are you from Ningbo?"

Wang Wei was stunned and asked strangely: "How do you know?"

Now it was Chen Qiaoshan's turn to be stunned. He couldn't say, I think your Yin Tang is going black, and there will be a prison disaster in more than ten years, right?

After thinking about it, he smiled and said, "I heard that you have a southern accent, and you are here again, so I try to ask."

Wang Wei was relieved. Tianyi Securities started its business in Ningbo and moved its headquarters to the Shanghai Stock Exchange last year. Anyone who is a little familiar with it knows.

"Mr. Chen, I heard you want to allocate funds. Can I ask, how much do you plan to invest and how much do you plan to allocate funds?"

Chen Qiaoshan was stunned. Unexpectedly, Wang Wei was so direct. He pretended to be casual and said: "I'm going to try it out with 100,000 yuan."

This is untrue, and Chen Qiaoshan only has so much money to gather together.

But if you have little money, you can't reveal the bottom. You often need to add margin for investment and stock trading. If you find the virtual and the real, the proportion of investment will definitely be reduced.

Wang Wei smiled, not saying that 100,000 yuan is a considerable amount of money for ordinary people, and in his eyes, he is just a slightly larger retail investor.

He then asked, "Then how much do you plan to match?"

Chen Qiaoshan thought for a while and asked, "1:5, do you think it's okay?"
To be continued...