Hypothetical situation:Your group has been hired by a wealthy individual named Robert. Robert is a long$-$term investor whohas a moderate$-$risk tolerance and is interested in investing in whatever that will generate goodreturns. He has a total investment budget of HKD $20$ million.Your group is required to construct a hypothetical investment portfolio for Robert with a total valueof HKD $20$ million, which should include, but not limited to$,$ equity securities$,$ bonds, derivatives andetc. The portfolio should be aligned with Robert's investment objectives and risk tolerance.Because Robert's risk tolerance is moderate, I chose the following portfolio approach$\mathrm{.}1.$ Stocks $(60\%)$Tencent Holdings $(00700.$HK$)$BYD $(1211.$HK$)$Tianneng Power $(00819.$HK$)$China South City $(01668.$HK$)2.$ Bonds $(30\%)$Issuing solid corporate bonds, there are State Grid Corporation of China and Bank of China$\mathrm{.}3.$ Derivative commodities $($accounting for $10\%)$Buy put options on Alibaba, and buy Hang Seng Index futures.Please try to explain the criteria for the designer's investment based on the design's portfolio, and explain why the designer chose these specific products. Please dont use any AI tools or GPT to answer it$.$