v3 Chapter 858： Cut meat (1/2)
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.