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

Xiao Wuyi called early and didn't reply to her text message last night. Chen Qiaoshan made a lot of complaints.

Xiao Wu likes the most lively and has long been thinking about the lantern festival in Yanjing. I will definitely not miss it today. I called to confirm Chen Qiaoshan’s itinerary. I still said whether I could rush back to Yanjing today. Xiao Wu was a little disappointed after hearing this reply, but he still said that he wanted to go to the lantern festival with Yan Xiaoqin. Chen Qiaoshan was not very relieved. Miyun Park had a tragedy on the Lantern Festival last year, and the number of casualties even exceeded the future accident in the Bund in Shanghai.

Chen Qiaoshan knew that with Xiaowu's temperament, Yan Xiaoqin might not be able to control her without him, so he had to call Yan Zhenghua and ask Xiaowu and the others to go with the Yan family tonight, with Yan Yan's girl following him, Xiaowu looked a little sister, and there should be no trouble.

…………

In the morning, Chen Qiaoshan arrived at UBS Hong Kong headquarters as promised.

Although the funds invested are not small, he visited UBS at a very small number of times. He usually made a appointment with Elliot to discuss things. This is also the habit of most people. He doesn't like to stay in the office and talk about investment.

"Chen, welcome." Norton was already waiting at the elevator entrance, which surprised the front desk secretary who accompanied Chen Qiaoshan up. It must be a lot of money to let senior management of the company come forward to greet him at such a young age.

Chen Qiaoshan smiled and said, "Mr. Norton, there is no need to welcome you. I just hope that today's itinerary will bring satisfactory results to both of us."

"It will definitely be." Norton naturally agreed, but he did not mean to talk about work immediately, but asked with interest: "Chen, do you need to take you to visit our office area?"

As the world's top private bank, UBS Hong Kong is headquartered in Phase II of Guojin. It was completed in 2003. It is currently the tallest building in Hong Kong and is also among the top three in the world.

UBS is rich and powerful. It is not only an office in Hong Kong, but also four floors have been rented out in the Guojin Center alone. Chen Qiaoshan is located on the 76th floor. The ten floors above belong to the Hong Kong Economic and Management Bureau. In the eyes of the outside world, this place has become a symbol of Hong Kong's wealth.

Faced with the invitation, Chen Qiaoshan naturally would not refuse. Unlike the crowded ones downstairs, this floor is very loose, all of which are independent office areas, with a wide view. Looking around, you can see the whole Hong Kong.

In the end, Chen Qiaoshan was introduced to the office by Norton. When the secretary brought the tea, the two of them got to the point.

"Chan, we have received your request. Frankly, it is a bit difficult." Norton set the tone first. His words were very clear. It was not that we could not talk about it, but that the conditions had not been given yet.

Chen Qiaoshan wants to borrow UBS channels to transfer the funds in his hands back to China and make an investment similar to equity fund-like investment. As for the investment direction, of course, the A-share market in the next two years shall prevail.

Nowadays, apart from these multinational investment banks, there are really no good market channels for allowing large amounts of overseas funds to enter and exit the domestic securities market.

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

Norton showed the intention of asking for a price, and Chen Qiaoshan didn't find it strange. If it were him, he would not let it go easily. He did not show any unhesitation on his face and asked directly: "Mr. Norton, I am very sincere. I can negotiate the conditions. If there are any questions, you can raise them."

Norton said: "Chan, you need to understand that UBS has always only opened channels to institutional investors and will not be relaxed to private investors for the time being. This is also a requirement of the mainland government."

Chen Qiaoshan knew that this was an excuse.

With his capital holdings, it is a bit far-fetched to say that he is a private investor. Even a medium-sized hedge fund is more than enough.

Theoretically, 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 it is easy to turn around with a small ship, and such small and micro funds do exist in large quantities.

Norton is in a circle, undoubtedly trying to increase the bargaining chips for negotiations. Today, Chen Qiaoshan is no longer a newcomer in the financial market. He immediately said indifferently: "Mr. Norton, if necessary, we can consider a different way of cooperation."

Ed Norton was a little confused about what Chen Qiaoshan said for a moment, and he asked tentatively: "What method?"

"Since this road is not open, I might as well change my thinking. Mr. Norton must be clear about the amount of funds I have. It is better to set up a hedge fund in Hong Kong and then discuss cooperation with UBS in the name of the fund. This will not only avoid legal risks, but also comply with UBS's compliance standards."

Chen Qiaoshan smiled and put out the plan, but Norton's face changed. There was no way, and this proposal was really a bit sinister.

So far, Chen Qiaoshan's account has nearly US$60 million, 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, it will not only lose such a big customer, but whether Chen Qiaoshan is willing to continue to cooperate with UBS is still unknown. You should know that UBS is known for its private wealth management. In terms of the main brokerage business alone, it can only be considered second-rate at most.

Norton knew very well that if it were him, even Goldman Sachs, Merrill Lynch could do the same thing, and there was no need to continue to cooperate with UBS.

Chen Qiaoshan almost drew the bottom line, and if he couldn't agree, he would break up. Norton himself was an old fox. How could he not know what Chen Qiaoshan meant? Of course, he would not make a joke. If such a big customer was lost, he would not be able to explain it to all aspects.

Chen Qiaoshan has already revealed his trump card, Norton no longer takes a turn for the corner, and now he goes straight to the topic and discusses the issue of share. As for compliance, some methods are avoided. I have been talking about it for a long time, but they are all testing.

The next two years of bull market, with the market rising from 998 points to a high of 6124. Naturally, such opportunities cannot be missed.

UBS itself provides margin trading business, and the fees are low, but the RMB market is an exception.

QFII is a scarce resource. Even if UBS exceeds GS and MS holds the largest market share, it still has a one billion US dollars investment amount. Chen Qiaoshan’s lion’s words are very big, and it costs 100 million US dollars to open his mouth. In Norton’s opinion, this is obviously unrealistic.

Now the Shanghai Stock Exchange 30 has been adjusted to the Shanghai Stock Exchange 180, and the Shanghai Stock Exchange 50 was also released on New Year's Day last year. Even if it is just a simple index tracking fund, Chen Qiaoshan can make a fortune from this bull market with his eyes closed, and the more capital he has, the better.

"Mr. Norton, I am very sincere. According to the rules, I hold a sufficient amount of funds and need a share of 100 million, which is not an excessive amount, right?" As the saying goes, asking for a price everywhere and paying back the money by land. No matter what the result is, Chen Qiaoshan always has to fight for it.

"Chan, this is not the way the rules are used." Norton was not easy to fool. He immediately exposed Chen Qiaoshan's remarks and continued to retort: ​​"You have one million dollars, so I can lend three million dollars, even five million dollars, but this is 100 million dollars, which is obviously not the same thing."

Chen Qiaoshan smiled and then said, "If the financing interest rate doubles, do you think this condition can be discussed?"

"Be serious?" Norton was obviously shocked. Hong Kong is an international financial port, with low financing interest rates and high leverage. This is a common phenomenon in the industry, but no one dares to double the interest rate.

"Of course it's true. I never joke about investment." Chen Qiaoshan replied calmly, but the conditions he offered were unnecessarily ignored.

Even if the cost is a little higher, he can bear it. Compared with the expected profit, the financing cost is really insignificant. If you miss this wave of market, you have to wait at least another ten years for the next bull market. Chen Qiaoshan thought it very clearly. Instead of investing some money to waste opportunities, it is better to give it a try.
Chapter completed!