The fifteenth day of the first lunar month, and the new year is over.

During the Spring Festival, the international market was not affected at all, but Chen Qiaoshan had many things delayed. He couldn't stay in Hong Kong for too long, so he must have to finish the cooking before leaving.

The next morning, Chen Qiaoshan went to the Guojin Center again...

There was a communication last night and when they entered Elliott's office, the first thing the two discussed was asset allocation.

"There is news from Lme Copper. There are indeed a large number of short options on the market. You can take a look first. If there is no problem, we will follow up immediately." After that, Elliot handed over a stack of documents.

Chen Qiaoshan didn't say much, and signed the authorization agreement casually.

It has been less than ten months since the National Reserve Center suffered huge losses on the London Stock Exchange. Now it seems that history cannot be changed after all.

This transaction is obviously suspected of poaching the national fence. If it is spread, it will definitely not be a good reputation, but Chen Qiaoshan has no psychological burden. He knows that in addition to the open short orders, there must be a large number of rat positions in the market, and huge losses are inevitable. Instead of giving all the benefits to foreigners, he can take it with peace of mind.

Elliot retrieved the signed documents and glanced carefully.

This is a short-term European option for the last three quarters of this year. It expires at the end of the year and involves more than 20 million yuan of funds. In the face of bearish market conditions, Chen Qiaoshan is a firm bull, which can be described as a real unilateral gamble.

In Hong Kong Island where wealthy people are everywhere, if you dare not do any risk hedging, you will use 20 million US dollars to make a unilateral gamble. I am afraid it is difficult to find the second one. Elliot knows the risks in this transaction, but he also knows Chen Qiaoshan's investment style. Once a decision is made, it will never change. However, as a private financial advisor, the risk warning obligations must be fulfilled. He confirmed again: "Chen, futures copper fell by 8% in January and is still fluctuating downward in February. You have to consider the trading risks clearly. It is still time to withdraw the order now?"

The two have already discussed the option contract for Lme Copper. Today is just a routine procedure. Of course, Chen Qiaoshan would not change his mind. He said very easily: "There is nothing to consider, you can do it with confidence."

Elliott had expected this result, so he just smiled bitterly, took out the next information and said: "As for the foreign exchange market, the RMB is still strong. Although the United States continues to put pressure on it, the Chinese government does not seem to have plans to liberalize the exchange rate."

In international trade, exchange rates are part of product pricing, or they can be directly called the adjustment tax of foreign trade transactions. The rise in exchange rates is in disguise to weaken the market competitiveness of their own goods. Nowadays, major countries are playing games, and as the trade deficit continues to expand, the United States has begun to fight back. The method is very simple and crude, forcing China's currency to upgrade. This is almost a weakened version of the Plaza Agreement twenty years ago. Of course, China is not Japan.

The game has not yet decided on the winner, which has also brought too much uncertainty to the financial market. For example, when Chen Qiaoshan and Ed Norton negotiated the QFII share, the exchange rate issue is an unavoidable issue.

The foreign exchange market is an existence that is not inferior to the stock market.

Even in 2005, the daily foreign exchange transaction volume of the international market reached US$2 trillion, which has exceeded China's total annual GDP.

However, since the free exchange has not been released, the RMB has not been included in the market's major mainstream currency pairs. In other words, the RMB is still non-mainstream of the foreign exchange market, and this situation will not change in the short term.

It is still a while since it became the offshore RMB market, but Hong Kong has already carried out RMB exchange business. Although it is impossible to speculate normally, there is no way to imagine.

In this era when hedging can cause huge losses to state-owned enterprises, harvesting IQ tax from time to time is something that many Western financial tycoons often do. It is not very difficult to speculate in the foreign exchange market.

Chen Qiaoshan was very cautious about this exchange rate speculation. Fortunately, he was still in good condition and there was still some time before the appreciation of the RMB, which was enough for him to prepare.

"By the way, how is Sina's trend?" Chen Qiaoshan finally cared about the most important thing at the moment.

"Sina's board of directors formally responded yesterday, clearly stating that it did not welcome Shanda's entry and planned to respond at the right time. The stock price has been rising all the way due to this stimulus, and it soared by 10% last night alone..."

Speaking of this, Elliot finally relaxed.

Here, other customers are investing in portfolios, but Chen Qiaoshan has a clear high-risk preference. Whether it is options or futures, they are simple and crude, and if they don’t take action, they will bet hard. Once they are targeted by him, they will bet hard and will never stop. This investment is undoubtedly extremely unwise and it is easy to die in one order. Fortunately, Chen Qiaoshan is lucky and is safe for the time being.

But good luck cannot last forever, but Elliott didn't feel that he could convince Chen Qiaoshan, so he did his best to do his financial advisor.

"The merger and acquisition war between Sina and Shanda is likely to continue. There are too many uncertain factors. Should we start reducing our holdings now?"

"Wait a little longer, don't worry." Chen Qiaoshan was still calm. After thinking about it, he asked again: "Do you see if there is such a possibility? Use Qingshan Capital to release the wind and release our position situation?"

Elliot asked, "Do you want to sell it to Shanda?"

Chen Qiaoshan smiled and said, "I want to sell it to them, it depends on whether they dare to buy it."

Elliot understands what he means. Now Shanda and Sina are in a stalemate. No matter which side responds, it will inevitably cause large fluctuations in the market.

Chen Qiaoshan did this undoubtedly adds a lot of fire, but it has no meaning. In addition to allowing Qingshan Capital to reveal its muscles slightly, it is more likely to cause the market to react with stress.

"You said that I will fly to Shanghai and go to Shanda headquarters to take a walk, and then put the news online. Will Sina's stock price rise for another round?" Chen Qiaoshan had a bad idea.

"Chen, we only have 2% of the shares. Shanda has become Sina's largest shareholder. Unless Sifang Holdings comes forward, it will be difficult to attract investors' attention." Elliot did not show any mercy and directly exposed Chen Qiaoshan's plan. After all, Sina is a listed company with a market value of over one billion US dollars, and not everyone is qualified to join the market.

It was just a joke, and Chen Qiaoshan didn't care too much, but he always had some thoughts in his mind. Shanda took one-fifth of Sina's equity for only 200 million US dollars. In comparison, his capital was still slightly insufficient.

If Chen Qiaoshan is stronger, even if he can't take over Sina's board of directors, he can still take advantage of the situation to be a major shareholder, and it will be profitable in the middle.

...

After processing several contracts, the two of them did not delay and drove to Gefu Mountain.

There are many hills in Hong Kong, and Gefu Mountain is only five kilometers away from Central. The mountain is not high. The Lingxiao Pavilion in the distance is almost level with it, just blocking Taiping Mountain.

When he arrived at the place, Chen Qiaoshan understood why Elliott would strongly recommend this mansion.

The house is located on the top of Gefu Mountain, built on the cliff. Not far away is Lamma Island and the South China Sea. Looking around, you can see the whole situation of sitting on the mountain and watching the sea.

With just one glance, Chen Qiaoshan was a little lost. It was facing the sea and the spring flowers were blooming, which was what he had not been able to get in his previous life.

Looking at the scene in front of him, he finally realized in his heart. No wonder everyone likes money. Even literary and artistic youths, poetic life requires money to be built. This house is definitely not worth half a million yuan.

When Elliot noticed Chen Qiaoshan's expression, he knew it. He did not urge him, but let Chen Qiaoshan look at the sea on the cliff.

After a long time, Elliot asked, "Chen, are you still satisfied?"

"It's not bad." Chen Qiaoshan did not hide his true intentions. Although he hadn't seen the layout of the house, he would not let go of this excellent geographical location. As for money, it is now second.

Half a million is almost one-tenth of Chen Qiaoshan's net worth. It is obviously a bit inexpensive to invest a lot of money in real estate, but he still decided to buy it. It is just for money to spend it, and it is not a problem to make two free moves occasionally.
Chapter completed!