Shen Kun's phone lit up, and he looked at it.

"Third Uncle, Brother Bo and the others have arrived."

Shen Fang turned his head and said, "Let them rest for a while, and we'll pack some food and send it to them later."

Shen Kun nodded.

The meal lasted until 9 p.m., and the bill came to $1,200. Wow, that's really expensive.

......

Shen Fang, holding a glass of red wine and a cigarette, leaned back on the sofa and said lazily, "Brother Bo, how's the investigation into QFii's activities going?"

Wang Haibo put down his chopsticks: "To date, there are 12 QFIIs in the United States, with a current capital scale of US$1.7 billion. As the scale of QFIIs continues to expand, its market influence will also continue to increase. Conservatively estimated, in the next year, the amount of funds introduced by QFIIs should exceed US$3 billion, which is equivalent to more than RMB 24 billion."

Why should Shen Fang pay attention to QFII? Because this institution is an overseas investment institution with official backing. To put it simply, let's talk about the myth stock "TSMC" created by QFII.

After the introduction of the QFII (Qualified Foreign Institutional Investor) policy in the Taiwan stock market, foreign investors were not very enthusiastic in the early stages. It was not until after 1996 that foreign investors actively pursued the market, and semiconductor and electronics stocks such as TSMC changed, marking the first wave of QFII investment in Taiwan.

TSMC's stock price soared from NT$49 at the end of 1996 to NT$173 in October 1997 (after a 10-for-5 stock split, the adjusted price was equivalent to more than NT$260).

Since being favored by QFIIs, TSMC's growth rate in the Taiwan stock market over the past 10 years has surpassed that of star technology companies Intel and Compaq. However, approximately 50% of TSMC's shares are still held by foreign institutions.

QFIIs and funds are the main forces driving market investment philosophies and capital flows. George Soros's Quantum Hedge Fund is a type of QFII.

"QFII institutions are gathering funds on a large scale, which means they are definitely planning something big. We can follow suit and get some benefits. At the same time, we should pay close attention to the large-scale purchases of technology stocks, gene and biopharmaceutical stocks, and new media stocks. The great opportunity of the times has arrived."

"Mr. Shen, NetEase's stock has now risen to $17.80. Should we...?"

Upon hearing this, Shen Fang's lips curled up slightly: "It's recovered so quickly?"

"Goldman Sachs, along with Baring Asia and Sequoia Capital, are pulling in the right direction, and the tech stock market is generally rising this year. Global capital is very optimistic about tech stocks. As a leading tech company in China, NetEase has naturally seen a significant increase."

Shen Fang nodded: "No rush. NetEase's stock price is still far from where it is. Let's talk about it after it jumps to $40."

"40 US dollars???" Wang Haibo stared at Shen Fang in disbelief.

"Boss, NetEase doesn't have that much potential, does it?"

Although I don't know much about Wang Haibo of NetEase, I know how big Tencent is. How much is Tencent's stock price? NetEase's stock price has already surpassed Tencent's.

This is actually a misconception of Wang Haibo's. Tencent is listed on the Hong Kong Stock Exchange while NetEase is listed on NASDAQ, giving it a natural advantage.

Shen Fang smiled and said, "Didn't you say that global capital is pouring into the internet sector? NetEase, as China's leading internet company, is currently enjoying great success. In addition, NetEase already has a huge user base and unlimited potential. Ding Sanshi will lead NetEase onto a bright path."

"I'm not worried about NetEase. The reason I'm selling my shares is to appease Anding Sanshi."

Wang Haibo nodded. He followed the young boss's instructions without question. His futures trading strategy, which started at the beginning of the year, had already doubled in value, especially with the astonishing rise in gold prices.