v3 Chapter 858： Cut meat

Latest website: Yanagawa Shuren also considered this point, so his face became more ugly.

His heart kept sinking.

Since G·S·Huabao is short-selling, and it is still blatantly targeting their Sumitomo Trading Company, then with the greedy face of the Jews, it will never let go of it without biting a few big mouths.

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."

Yanagawa Shuren sighed and ordered.

Yoshida Hiuga secretly breathed a sigh of relief, and quickly nodded his promise. It was a blessing in misfortune that the boss in front of him did not vent his anger.

Later, Liu Chuan Shuren went to each team to check the situation, and after instructing some things, he reported to the general manager of the London branch.

Such a big event also involved G·S·Huabao, which shocked the 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 became vigilant. .

...

"G·S·Huabao targets Sumitomo Corporation?"

"And in the lead, nickel, zinc and other three markets are crazy short?"

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, and then frowned, feeling something wrong.

Sumitomo Trading Co., Ltd. is now an ally of their Bright Fund, and they are jointly doing long 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 the two parties, immediately report to me."

After George Berkeley gave orders to his subordinates, he immediately followed up the 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 fighting on the London Metal 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 eyes of everyone, 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 closed in the morning, the price of LME nickel futures had fallen to US$8,472 per 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 Exchange.

The spot contract inventory corresponding to LME nickel futures increased by 2,142 tons to 85,746 tons.

Increase in inventory, bad news!

Sure enough, after the market opened again in the afternoon, the price of LME nickel futures plunged directly from the morning closing price of US$8,472 per ton to US$8,435 per 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 US dollars a ton.

Compared with the price of $8,925 per ton this morning, the drop today is as high as 37% from the starting point.

Sumitomo Corporation's assets on LME nickel futures have shrunk by 27 million US dollars.

Coupled with the losses of LME lead futures and LME zinc futures, the metal trading department of Sumitomo Corporation shrank by 42 million dollars in one day today.

As an ally, George Berkeley will certainly play his role. It is not good to take the initiative to participate and help publicize the head office, right?

Therefore, that evening and the next 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 price drop of LME nickel futures, LME zinc futures and LME lead futures. It is irrational, and the value will rise once the limelight passes.

Part of financial institutions and retail investors returned to rationality.

In addition, the prices of LME nickel futures, LME zinc futures, and LME lead futures have fallen to a certain level. 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 see hope.

Liuchuan Shuren can only hope that there will be more takers, otherwise the three metal futures have invested nearly 600 million US dollars in total.

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 has shrunk by more than 10%, the London Metal Exchange immediately issued a warning to Sumitomo Trading Co., requiring Sumitomo Trading Co. to replenish the margin in time, otherwise the short position will be forced to close the position at the lowest price and the loss will still be borne.

...

"Huh, Jacob, you turned out to be here, where's Evelyn?"

At G·S·Warburg, Sidmund Warburg, who received reports from his subordinates, came out quickly, and happened to ran into Jacob Lowhill and his bodyguards, Sidmonger, who was led by employees. Warburg asked in surprise.

These days, it was Evelyn Roshir who came forward to discuss with him. I didn't expect that the real leader of the Roshir family would come today.

Jacob Rohill smiled and said, "Evelyn has some things to deal with, so I'm 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, the two were seated one after another, while Jacob Rohill's bodyguard was waiting outside.

"Jacob, the last time you came to my office, was it three years ago?"

Sidmund Warburg took a sip of English black tea, a trace of memory flashed in his eyes, and said with emotion.

Jacob Rohill was taken aback, smiled and shook his head and said: "I don't remember very clearly. Although you are older than me, you have better memories than me. You should be."

Sidmund Warburg shook his head loudly and laughed: "Stop this, are you here today to care about metal futures?"

"From the moment we started victory has been doomed, you don't need to take another trip."

In order not to expose himself, Jacob Lowhill did not use the Rohill family company to make a move. Instead, he found Sidmund Warburg, and at the cost of generous share fees, G·S · Huabao Company came forward to sell short.

"Sidmond, I'm just idle and bored, come out to relax, and come to find out about the situation by the way."

Jacob Rohill said with a 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 smiled: "Forget it for the time being, LME copper futures and LME aluminum futures are too risky, and the bulls are not small and there are certain risks."

"It's better to cut more meat from Sumitomo Trading Co., and try to let them keep more money."

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