Rebirth Strongest Tycoon
Chapter 859
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Yanagawa Shuren also considered this point, so his face became more ugly.
One of his hearts sinks continuously.
Since G·S·Huabao made short selling, and it still targeted their Sumitomo Trading Company brightly, then with Jews’s greedy cheeks and fiercely biting a few big mouths of You Trading Company, he would never let go.
It is more difficult for the funds to escape than expected!
But this further strengthened Liu Chuan Shuren’s determination to liquidate and stop losses.
“Yoshida, it seems impractical to sell and escape. You can delay it slowly. I will talk about the loss later.”
Liuchuan Shuren sighed instructed.
Yoshida Hinata was secretly relieved, and quickly nodded to promise, the immediate superior did not vent his anger to him, it is already 10000 of the unfortunate luck.
Later, Liuchuan Shuren went to each team to check the situation, and after instructing some things, he reported to the London Branch Company General Manager.
Such a big event also involved the G·S·Huabao Company, which shocked the Company General Manager of the London branch of Sumitomo Trading Co., Ltd., and then immediately convened a high-level meeting. After some discussions, the entire company was vigilant. Up.
……
“G·S·Huabao targets Sumitomo Corporation?”
“And in the three markets of lead, nickel, and zinc, are they crazy short selling?”
Bright Fund, George Berkeley, who is following up on LME copper futures and LME aluminum futures, was a little surprised when he heard the report from his subordinates. He frowned and felt something was wrong.
Sumitomo Trading Co., Ltd. is now an ally of their Bright Fund, jointly selling LME copper futures and LME aluminum futures. He also went to the London branch of Sumitomo Trading Co. to discuss the steps of cooperation with the General Manager of Sumitomo Trading Co.
Sumitomo Trading Co. has encountered this trouble, which will definitely affect the cooperation with their Guangming Fund.
“Continue to pay close attention and investigate the specific reasons. If there is any action by both parties, immediately report to me.”
After George Berkeley gave orders to his subordinates, he immediately followed up with LME copper futures and LME aluminum futures more carefully.
Now it is enough to have a Bahrain Bank, and currently their Bright Fund has gained an advantage.
If G·S·Huabao joins the shorts, or other financial institutions with huge energy join the shorts camp and launches a surprise attack, it will be a toss.
……
The war at the London metal stock exchange has attracted the attention of many financial institutions and the crowd.
Especially when more and more short and long information is exposed, more people are interested.
Of course, many financial institutions are waiting to see if they can find an opportunity to make a fortune.
In the focal point of ten thousands, the short-term momentum led by G·S·Huabao was like a rainbow, and the prices of the three major metal futures plummeted.
By the time the market was closed in the morning, the price of LME nickel futures had fallen to 8472 USD a ton, a drop of more than 5% in the morning, which is definitely a huge number.
When the market was closed at noon, a message came from the London Metal Stock Exchange.
The spot contract inventory corresponding to LME nickel futures increased by 2142 tons to 85746 tons.
Increase in inventory, bad news!
Sure enough, after the market reopened in the afternoon, the price of LME nickel futures plunged directly from the morning closing of 8472 USD a ton to 8435 USD a ton.
The opening quotations all dived, and the price of LME nickel futures will continue to fall.
Sure enough, when the market was closed in the afternoon, the closing price of LME nickel futures fell to 8267 USD a ton.
Compared with the price of 8925 USD a ton this morning, today’s decline is as high as 100 3 of the starting point of 7 points.
Sumitomo Corporation’s assets on LME nickel futures shrank by 2 1000 7 million USD.
Coupled with the loss of LME lead futures and LME zinc futures, the metal trading department of Sumitomo Corporation shrank by 4000 2000000 million USD today.
As an ally, George Berkeley will certainly play his role. It is not good to take the initiative to participate and help promote the head office, right?
Therefore, in the evening and the following morning, many financial media under the Bright Fund have fairly and objectively analyzed the true intentions of G·S·Huabao Company’s short selling, and also pointed out the prices of LME nickel futures, LME zinc futures and LME lead futures. The decline is irrational, and the value will rise once the limelight passes.
Financial institutions and retail investors partly returned to rationality.
In addition, the prices of LME nickel futures, LME zinc futures, and LME lead futures have fallen to a certain extent. Some speculators believe that it is profitable and start a small amount of tentative buying. The futures contracts of Sumitomo Corporation have finally begun to sell, although they are sold. There are not many, but somehow I saw hope.
Liuchuan Shuren can only hope that there will be more receivers, otherwise, the three metal futures will accumulatively invest nearly 3 million USD.
Even if the investment assets have shrunk, it is still a huge number. Not every institution has the ability to take over!
When the value of the invested futures contract shrank by more than 10%, the London Metal Stock Exchange immediately issued a warning to Sumitomo Trading Co., requesting Sumitomo Trading Co. to replenish the margin in time, otherwise it would force the closing position at the lowest price of the short position and bear the loss.
……
“Huh, Jacob, you turned out to be here, where’s Evelyn?”
At G·S·Warburg, Sidmund Warburg, who had received reports from his subordinates, came out quickly, and happened to ran into Jacob Lowhill and his bodyguards, Sidmonger, who was led by the employees. Warburg asked in surprise.
In the past few days, it was Evelyn Rothschild who came forward to discuss with him, didn’t expect that today the true leader of the Rothschild Family actually came.
Jacob Lowhill laughed and said: “Evelyn has something to deal with, so I am here. I haven’t been to your company for a long time. Welcome?”
Sidmund Warburg laughed and said: “Of course welcome, please come in.”
Soon, two people were seated one after another, and Jacob Rohill’s bodyguard was waiting outside.
“Jacob, the last time you came to my office, was it 3 years ago?”
Sidmund Warburg took a sip of English black tea, a trace of memory flashed in his eyes, and said with emotion.
Jacob Rosier was taken aback, smiled and shook his head and said, “I remember not quite clear. Although you are older than me, you have better memories than me, you should be.”
Sidmund Warburg shook his head loudly and said with a smile: “Don’t mention this, are you here today to care about metal futures?”
“From the moment we started, victory is doomed. You don’t need to take another trip.”
In order not to expose himself, Jacob Rothschild did not use Rothschild Family’s company to make a move. Instead, he found Sidmund Warburg and gave G·S·Hua the cost of generous share fees. Bao company came forward for short selling.
“Sidmond, I’m just idle and bored, come out to relax, and take a look at the situation by the way.”
Jacob Rohill said with a faint smile.
Sidmund Warburg shrugged helplessly and stopped arguing. Instead, he talked about another topic: “Jacob, Sumitomo Corporation’s metal trading department has the most funds in LME copper futures and LME aluminum futures. Don’t you want to do it?”
Jacob Rohill shook his head and said with a smile: “For the time being, LME copper futures and LME aluminum futures are too risky, and the long strength is not small, there is a certain risk.”
“It’s better to cut more meat from Sumitomo Trading Co., and try to let them keep more money.”
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