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Chapter 434 Making money is too easy

"Chan, whether you are from the perspective of a friend or as your financial adviser, I have to reiterate that the risk of this option transaction is too high, and with more than 90% of the probability, your investment will be lost."

Elliot was a little helpless, but had to continue to stick to his point of view.

As a private wealth manager, the first thing you need to do is to help customers achieve value preservation and appreciation. Among them, value preservation is particularly important. This is the most basic need of every rich person. No matter which private bank is, it is always an investment portfolio for customers, and makes reasonable recommendations based on customers' risk preferences.

It was the first time Elliot encountered Chen Qiaoshan like this. He gambled a lot as soon as he opened his mouth, and the probability of winning was even less than 10%. If the news spread, he might become a laughing stock in the industry.

Chen Qiaoshan was unmoved and said, "Eliot, I think you should learn a foreign language."

Elliot was very confused. He understood that Chen Qiaoshan was changing the topic, and it would be useless to persuade him any more, but he still said, "What suggestions do you have?"

"China will surely become the most important wealth market in Asia. If you want to gain more customers, you should learn some Mandarin." Chen Qiaoshan joked with the British. Of course, there are many people who can see the future trends, which is nothing strange. "I know a venture capitalist in Singapore. Every once in a while, I find that his Mandarin level has improved."

Liu Chang suddenly interrupted, and she asked curiously: "Chen Zhou is from Singapore?"

Chen Qiaoshan smiled and said, "Yes, he was originally from Hong Kong and grew up in Singapore. Why, where do you think he is?"

"Looking at his appearance, I thought Mr. Zhou was Japanese."

No wonder Liu Chang was confused. Jifu Asia is a venture capital fund with a Japanese background. As the helmator, Zhou Zhengning has a long-term experience in working in Japan. His dressing style is obvious in Japanese style, especially his beard, which looks very eye-catching.

It is not easy to do any job. Just at noon, Zhou Zhengning talked to the Japanese chef of Teppanyaki in Nagatoku's Nagatoku Palace in pure Japanese. In Chen Qiaoshan's view, Zhou Zhengning's Mandarin has improved rapidly and his accent has become more and more pure. I think he has put in a lot of effort.

"Chan, I will accept your suggestion." Elliot did not want to continue this topic, and his answer was very perfunctory.

Meeting a customer like Chen Qiaoshan has a headache. After finishing this order, the customers in front of him may regret today's decision.

As for the proposal, Elliot is very clear about the economic situation in the mainland. His average monthly salary is less than US$150, less than one-tenth of that in Hong Kong. Although he has potential, in his opinion, without more than ten years of accumulation, the private wealth management market may be difficult to open.

"I'll introduce the conditions of Mitsui Bank first." Elliot did not continue to waste time. The customer had requests, so he could only do it, hoping that it would not affect his reputation in the end. "The other party offered a premium of $1.81, the contract price was $38, Chen, only if the oil price rose above $40 per barrel, you can make a profit."

"You have to think clearly that based on today's Brent crude oil price, the oil price will reach $40 per barrel, an increase of up to 23%. I think oil prices will only surge unless terrorists seize Iraq from the US military, or Iran and Saudi Arabia announce production suspension at the same time. You must know that this is definitely impossible."

"Also, even if the oil price rises to $40 per barrel, your investment return rate is only 10%. After deducting commissions, you make less than $200,000. The yield and risk are obviously asymmetric. In comparison, I can provide a more reasonable investment portfolio..."

Elliot still didn't give up and used specific data to persuade him.

Chen Qiaoshan didn't take it seriously. Mitsui Bank was cautious. Oil prices have fallen so much. The nominal leverage is less than twenty times, which is not very high in the options market. Of course, the specific data depends on the final price trend.

When buying a call option, the compensation is limited, but the returns are unlimited.

Chen Qiaoshan thought to himself that based on the balance calculation, he paid a premium of 2 million US dollars and obtained a total purchase of crude oil of more than 1.1 million barrels.

If international crude oil prices do not deviate, and the expected highs are reached according to the old historical trajectory, it is conservatively estimated that the profit will exceed 15 million US dollars.

Chen Qiaoshan was a little confused. That was 15 million US dollars, which was converted into more than 100 million RMB. According to his current purchasing power, he could buy half of the Blue Flag Camp. It was a bit dazzled to think about it.

Chen Qiaoshan felt unreal. He was worried that he would make a mistake, so he took out his BlackBerry phone and carefully calculated it, but his mental calculation was indeed unreliable.

Looking at the number 1744.6 on the screen, Chen Qiaoshan couldn't help but swear: "This money is too profitable."

Elliott couldn't even understand Cantonese, let alone Mandarin. He was a little confused when he heard Chen Qiaoshan's foreign language inexplicably appearing, "Chan, what were you talking about?"

Liu Chang was also inexplicably aware. After all, she graduated from Tsinghua Economics and Management and barely passed the financial English. She naturally could understand the conversation between the two.

As Elliott said, according to this option trading contract, Chen Qiaoshan is still far from the breakeven point, so where can he make money?

Chen Qiaoshan ignored the questioning eyes of the two people, and he said to himself: "Eliot, the current oil price is less than $33. Isn't the 1.81 USD premium a bit outrageous?"

Chen Qiaoshan didn't mean to stop when he saw it was good. There was a 50 million barrel order outside, and he only bought more than 2%. No one would think that the money was too much.

He was very conscious. Instead of taking advantage of these foreign banks, Chen Qiaoshan would rather make more money by himself.

Of course, according to statistics, the final loss of AVIC Oil is astronomical. Celebrity listed companies are directly insolvent and eventually apply for bankruptcy liquidation.

Under such circumstances, the profits of foreign banks must be discounted.

Chen Qiaoshan was not very worried. With Sumitomo Mitsui’s guarantee, as long as the bank does not go bankrupt, his income will be guaranteed. As for the bank’s money lawsuit with AVIC, it has nothing to do with him.

Elliot shook his head and said seriously: "Chen, this price has been recalculated. The purchase price of Mitsui Bank is US$2.3, and the price has been discounted by more than one-fifth."

"Risk! The price must be considered risk factors." Chen Qiaoshan emphasized, "Compared with their contract with AVIC, my risk is more than twice as high as before. Obviously, the price is not reflected."

Elliot said: "Chan, I can't do anything. You have to be clear that the bank's compliance and risk control are rigid."

"What they are considering is not how much they can make a transaction, but how much they can lose, especially commodity futures. There is too much uncertainty, and this price is already the lowest price I can negotiate."

"All right."

Unexpectedly, Chen Qiaoshan, who had originally seemed to have never given up until he achieved his goal, accepted the offer in a flash.

Although I really want to make more money, I only have my own pocket. Chen Qiaoshan knows the meaning of stopping at the right time.

Elliot smiled bitterly in his heart. At least the negotiation was completed, and the purpose this time was completed.

Seeing Chen Qiaoshan signing the authorization agreement by hand, he couldn't help but ask curiously: "Chen, why are you so sure that international oil prices will soar in the near future?"

While Chen Qiaoshan was signing various documents, he was also talking nonsense seriously: "I can't explain the specific reason clearly, but I have a strong feeling, I think international oil prices can rise to more than 60 US dollars."

Not to mention Elliot, even Liu Chang rolled his eyes when he heard it. It would be fine if you speculate, but you even need a perfunctory reason. You are too unkind to be a person.

Elliot was helpless and worked as a private financial consultant for nearly ten years. He had met many strange clients, but Chen Qiaoshan was unique.

No matter what kind of investor you are, you have risk preferences. No matter how brave you are, you don’t put your treasure on a bet, especially futures. This is basically equivalent to gambling in a casino and having a situation of losing or losing.

After signing the contract, Elliot said helplessly: "Chen, until noon tomorrow, if you change your mind, you can contact me at any time."

"No need." Chen Qiaoshan smiled and refused his proposal, "Eliot, thank you for your professional service. When the contract is over, we will celebrate at the top restaurant in Hong Kong. Of course, we will also call James."

At this point, Elliott was speechless. He only hoped that Chen Qiaoshan would not jump from the top floor of the building by then.

Elliot looked at the following table and put the contract away, "Chen, I have to drive the next plane to Hong Kong, I'm afraid I have to set off."

"Wait a mininute."

"What, are there anything else?"

Being stopped by Chen Qiaoshan was obviously beyond Elliot's expectations.

Chen Qiaoshan said: "That's right. One of my company may be sold in the near future. It's not bothering the second owner. As far as I know, UBS provides professional consulting services, I want to hear your suggestions."

Elliot was stunned. In James's mouth, Chen Qiaoshan was a second-generation child with a very background. Needless to say, he could enter a multinational investment bank through relationships, so his background was naturally extraordinary.

Under the current situation, it is rare to see international crude oil futures with two million US dollars, even on Wall Street.

Even though Elliot did not agree with the investment, he still placed Chen Qiaoshan in the ranks of financial owners. He heard that there were other businesses, and he became interested, "Chen, can you tell me the specific situation?"

"Of course." Chen Qiaoshan did not hide it, "I have an Internet company under my jurisdiction. It is a startup company that operates for only half a year."

Elliot was slightly disappointed. Most of his customers were physical business owners. Even so, he still had some understanding of the Internet.

BBS is very niche, even in the United States.

After 9/11, the US Congress passed a bill requiring that the number of online users of Internet forums should not exceed 2,000, otherwise there would be subdivided sections. This is also an important factor that seriously restricts the development of forums in the United States.

"Who is the acquirer, and what is the specific price?" Although Eliot did not pay too much attention, he still asked very professionally without showing any abnormality.

"The other party is Sina. It's not time to inquire. My psychological price is no less than 10 million US dollars. Of course, the specific price must be negotiated."

"Strrewth!" Elliot suddenly became nervous like a cat with a tail stepped on.

This must be a word that does not involve CET-4 and CET-6. Liu Chang didn't understand. She knew that Chen Qiaoshan had good foreign language scores, so she asked in a low voice: "What did he say?"

"It's just the British man's catchphrase, and I'm very surprised." Chen Qiaoshan felt that the translation was not very accurate. After thinking about it, he added: "Damn!"

Liu Chang was stunned, "Why are you scolding?"
Chapter completed!
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