"Mr. Chen, do you want to sign a performance-based agreement?"
"Isn't this crazy?"
Ma Guoliang tried his best to dissuade him.
Although it's unknown what specific conditions Chen Dong will propose, they are likely to be one of a few.
Once the conditions of such an agreement are met, there will be no shortage of benefits.
but--
If the agreed conditions are not met, not only will you not get a single penny of benefit, but you will also lose everything, including your underwear.
Ma Guoliang is right to act as a lobbyist for HSBC.
At the same time, he was also Chen Dong's account manager.
Because he understood these things, he was unwilling to let Chen Dong take too much risk.
Besides, wouldn't joining HSBC bring him some benefits?
"That's right!"
Upon hearing this, Chen Dong nodded firmly and continued.
"Manager Ma, I've thought it through, there's no need to try to persuade me."
"Since your bank believes in my investment abilities, why don't we go all out?"
Chen Dong spoke with an air of unparalleled confidence.
At this moment, he seemed to be the king.
Ma Guoliang was also infected by this emotion, and involuntarily sat up straight, eager to hear what Chen Dong was going to say next.
"From what I understand, investment banks consider a return of around 10% on fund products and stock products to be an excellent result."
"Products that can achieve an annualized interest rate of 20% are extremely rare, even globally."
Ma Guoliang did not refute.
In fact, most investment banks evaluate product managers based on an annualized interest rate of around 10%.
If the amount exceeds this amount, the product manager will receive a bonus based on a certain percentage.
certainly.
The profit-sharing ratio is tiered.
In other words, the more profit a product manager generates, the more money they receive.
But there is one thing.
No matter how dividends are distributed, there is always a cap.
It could be 1%, or it could be 2%, but it will not exceed 5% at most.
This refers to the net profit earned; the total value has absolutely nothing to do with the product manager.
Chen Dong didn't want to be taken advantage of, but he also didn't want to miss out on the easy money, so he had no choice but to sign a betting agreement with HSBC.
All of this is based on the premise of affirming his investment capabilities.
If HSBC refuses to agree to the bet, Chen Dong has another trump card.
He refused to believe that HSBC, like a vampire, would not give in.
"25%!"
"Manager Ma, you can go back and tell the senior management at HSBC."
"I, Chen Dong, have made a promise and am willing to sign a performance-based agreement. If I have control over the movement of this HK$1 billion, I guarantee that I can bring HSBC an annualized return of 25% this year."
The words had barely left his mouth.
Ma Guoliang stood up excitedly and asked incredulously.
"25%, which is HK$250 million. Mr. Chan, do you know what you're saying?"
"Leaving aside whether you can earn that much profit, to achieve such high returns, you must invest in high-risk financial sectors, and risk control will certainly not stand idly by."
Chen Dong was naturally aware of this as well.
However, he had his own considerations.
If HK$1 billion in 1990 were put into use 30 years later, it wouldn't be an exaggeration to say it would be worth tens of billions, right?
If this money were put into the financial sector, the situation would be completely different.
The securities exchange market in China was established in December 1990, but it did not open to the public until 1991.
However, what was the total market capitalization of the entire Chinese securities market in 1991?
Let's calculate it more, adding in its commercial value and influence.
Even so, the total market capitalization of all listed companies combined would not exceed 100 billion RMB.
What will the total market capitalization of the A-shares market be in 30 years?
There must be tens of trillions of RMB involved.
Therefore, it's not wrong to consider this HK$1 billion as equivalent to tens of billions in 30 years.
Think about those fund managers who are all the rage online, like Cai Cai, Kun Kun, Feng Feng...
Look at them, they all diversify their investments.
A portion of the funds is used to buy government bonds to mitigate risk, while the remaining funds are invested in stocks.
Furthermore, the money invested in stocks is not all of it; a portion is set aside for adding to positions, averaging down, or even day trading.
It's perfectly normal for Ma Guoliang to have these thoughts.
He's not alone; probably the vast majority of people in the financial industry share the same thought.
In the financial field, there is an unwritten rule.
Those who can make money are not necessarily experts.
When the market is favorable and the right direction is chosen, it's common for net asset value to double.
A true master is one who can consistently maintain their principal without losing it.
While Ma Guoliang was thinking these things, only a second had passed in the outside world.
Upon hearing this, Chen Dong smiled faintly and said...
“Manager Ma, you’re not wrong to think that way, but thank you for your kindness. However, I have my own considerations.”
“I still have $16 million in my funds account. This money can be included in the compensation. I think your bank’s senior management will agree to the betting agreement I proposed.”
These words were spoken.
Ma Guoliang was immediately stunned, and cold sweat slowly slid down his forehead.
I almost forgot about something so important.
Chen Dong, who stood before him, was no nobody.
To be precise, he's a tycoon with assets of $16 million.
Converted to Hong Kong dollars, that's roughly 100 million.
However, what did he just say?
They actually assumed that Chen Dong shouldn't sign any gambling agreement.
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