Recommended order 1 Jianghu hero recommended order 2 Development of hedge funds in China recommended order 3 Introduction of hedge funds and finance Part I Hedge funds are three characteristics of a Jianghu hedge fund. That is to say, Alpha and Beta hedge funds are the seven weapons in the Jianghu: common investment strategies of hedge funds, longevity sword/macro peacock feathers/StatisticalArbitrage jasper knife /EventDriven amorous ring/convertible arbitration parting hook /RelativeValue overlord gun /EmergingMarket.