Reborn with Consumption System

Chapter 1002 - 405: You’re Not Human If You Don’t Take Advantage of an Opportunity (Part 2)

Yu Ping’an laughed heartily, his attitude was bright, and he insisted on extending his hand to Han Lie."Mr. Han! There’s no newcomer hotter in this year’s Magic Capital financial circle than you. Our fund even considered acquiring a little of Sky Capital’s shares during our foreign investments, but unfortunately, you don’t lack funds, and we couldn’t find an opportunity to collaborate..."

These words were simply flattery, meant to boost his ego.

Han Lie didn’t recall ever receiving an inquiry from Yunfeng Fund, the direction was not aligned anyway.

However, he did receive a signal—Yu Ping’an took the effort to understand him before coming down, and had a very friendly attitude.

This matter likely has nothing to do with Mr. Yu; it’s just Yu Ping’an’s personal interest, the reason is unclear for now.

Mr. Yu is a partner of Jack Ma, aiming at the top projects in the most formidable tracks, those capable of growing to the hundreds of billions range—a mere private securities fund wouldn’t even register in his view.

But if Yu Ping’an is willing to lower his stature, that means he wants something from Han Lie, otherwise, there’s no need to be so "courteous to talents."

This is an unexpectedly great news.

Han Lie immediately adjusted his mindset and expression, his smile warm, but with a somewhat reserved attitude, he single-handedly held Yu Ping’an’s right hand.

Then he pretended ignorance: "Just call me Han Lie. What does Brother Ping’an do?"

The purpose of the act is to hide his needs from Yu Ping’an—I don’t know you, nor do I understand your family.

I’m giving you some face for Fang Yuan’s sake, but Brother Lie and you are not on the same level, it’s best you think carefully before speaking to me.

Yu Ping’an felt quite normal, his attitude continued to be enthusiastic.

He held onto Han Lie’s right hand with both hands, shaking it twice vigorously, introducing himself.

"I count myself as a peer of Mr. Han, got some money from family, pooled some with friends, and currently I’m trying the high-frequency and quantitative directions..."

"Oh!"

Han Lie’s eyes flashed as he probed: "Seems like we might be neighbors? Brother Ping’an’s company should be near the Shanghai Stock Exchange, I presume?"

"Hahaha! No hiding from Mr. Han, my company is located in the Standard Chartered building, rented a few hundred square meters of office space, a small company, really nothing compared to your grand operations."

Yu Ping’an laughed beamingly, humbly downplaying himself.

Goodness, this is a professional...

High-frequency trading and quantitative trading are different things.

In simple terms, high-frequency is about network speed and computer response speed, exploiting lightning-fast transactions to profit from the price differences during regular investors’ buying and selling actions.

High-frequency trading involves no judgment, purely depends on network speed, buying low and selling high.

Whereas quantitative trading is a fixed strategy requiring a lot of logical judgment.

Future robot trading is indeed at the core of quantitative companies.

Of course, quantitative companies also require high-level network speed and computer response speed, needing server-grade hardware.

Overall, these two are fairly advanced, representing another direction of the market.

Han Lie roughly understood the reason behind Yu Ping’an’s enthusiasm.

Since that’s the case...

If he doesn’t cast a hook, then he isn’t Han Lie.

"Not at all, purely from a revenue stability perspective, Brother Ping’an’s company is surely much stronger than mine... Oh, my company is also working on quantitative strategies, would be great to share ideas when there’s time."

Han Lie seemed just to be making polite conversation, but Yu Ping’an’s eyes instantly brightened.

"That would be excellent! Mr. Han, I am proficient at developing programs and algorithms, but summarizing a truly effective strategy to enhance revenue stability still requires guidance from masters like you... Let’s schedule a time to have a good chat?"

The cat was out of the bag for Yu Ping’an, while Han Lie unconsciously withdrew his hand, his smile fading.

"Sure! If there’s an opportunity, I will definitely drop by for a visit."

Subtext: Don’t dream about it!

Yu Ping’an completely understood Han Lie’s caution, in his place, he too wouldn’t help a competitor with any algorithm strategy.

If possible, he’d rather spend money to hire a non-conflicting industry expert.

But the issue is...

At this point in time, those who truly understand quantitative strategies domestically are extremely rare, most corresponding talents are overseas, chiefly in America.

But the US stock market and the big A are two different logics, strategies developed by algorithm engineers and strategy experts brought back from the US are too rigid.

Moreover, strategies need constant adjustments and changes with the evolving market, which demands even higher standards.

This challenge continuously haunts domestic quantitative companies.

In fact, at the peak, even a rookie-like strategy researcher can earn a million annual salary.

Is it useful?

Yes, but not very significant.

If practice can’t guarantee success rates, can summarizing into a machine strategy assure success rates?

Thus, there’s always a paradox here—

Those capable in practice won’t help outsiders with strategies, considering that exhausting effort for an annual earning of over a hundred thousand, compared to paying for someone to develop an exclusive trading assistant friend, a program.

And those not strong in practice willing to earn this money struggle to keep up with the market style changes.

In later years, those robots frequently engage in mass dump sales, many times causing unnecessary destructive follow-throughs, it’s a reflection of such rigidity.

And now Yu Ping’an’s company’s quantitative strategy is stuck at success rates.

In this current Daxiong City, forget average annualized profit capability, actually even the basic conditions for profit are not met.