Chapter 166: Mr. Hammer

In the thirties of this century and during the Second World War, a number of politically influential monopolies became the main followers of the so-called monarchy, and the Sumitomo Foundation was no exception.

During this period, the concentration of the Sumitomo Foundation's family became more pronounced, and most of the Foundation's properties were concentrated in the hands of the Sumitomo Family.

Among them is the Sumitomo Group's centuries-old copper resources.

After the defeat of the war, the various chaebols disintegrated and reorganized into corporate groups under the restrictions of the United States, and the influence of the Sumitomo family in Japan's politics and economy was greatly weakened. However, with the post-war economic recovery, the Sumitomo Foundation made a comeback and grew stronger and stronger.

Since then, Sumitomo Corporation has been involved in international trade activities in the fields of metals, machinery, petroleum, chemicals, food, and textiles, and has become a core company of the Sumitomo Foundation and one of the four largest traders in Japan.

How strong is such a Sumitomo?

In 1991 alone, Sumitomo's global sales amounted to more than $120 billion, more than the combined GDP of the entire Chinese country.

Yasuo Hamanaka is the chief dealer of Sumitomo Corporation's non-ferrous metals trading department.

This guy has two very intriguing nicknames, one is "Mr. Five" and the other is "Hammer". The former is an honorific title for his ability from insiders, while the latter portrays his character.

Insiders call him "Mr. 5 percent" because the Sumitomo Corporation's non-ferrous metals trading department, led by Yasuo Hamanaka, controls as much as 5 percent of the world's copper trading volume. This shows that Yasuo Hamanaka has a remarkable record in international copper futures trading, and it also reflects the significant impact that Sumitomo's buying and selling decisions on the international steel market can have.

"Hammer" is derived from the English translation of Yasuo Hamanaka, because the pronunciation of Yasuo Hamanaka in English is very similar to "hammer". But the reason why this nickname can be called is mainly because it reflects the hammer-like character of Yasuo Hamanaka in trading.

It can be said that it is this resolute character that has contributed to his unshakable position in the non-ferrous metal market.

Sumitomo Corporation's Non-ferrous Metals Trading Division, Financial District, London.

As the phone rang, Yasuo Hamanaka put down the teacup in his hand and picked up the phone on the table.

"Tai-sama has always been nice, but I'm Junan Okamoto, and I haven't been in touch for a while, so I'm really sorry. ”

"Oh. Okamoto-kun. I haven't seen you for a long time, but it's been good lately, how can you suddenly remember to call me, it's really a surprise. ”

"Thank you, Lord Taio, for your concern! That's right, I'm working at Daiichi Industrial Co., Ltd., and someone asked me to ask, I don't know if you have time lately, he wants to do a big business with you. ”

Big business?

Bingzhong Tainan couldn't help but smile.

It's not that he looks down on this former subordinate, it's true, there are not many things that can be regarded as big business by him.

You must know that the total size of Sumitomo Corporation's financial asset position in London has reached 5% of the global trading volume, but this is only the size of financial assets, in fact, Sumitomo Group is one of the shareholders of many mining companies around the world. It controls the No. 2 Qingling Copper Mine in Peru, the largest open-pit copper mine in the United States, the Morunsi Copper Mine, the Grasberg Copper Mine controlled by Freeport, and the Chuquicamata and Escondida in Chile, the latter of which is the world's largest copper mining company.

Although the company has expanded rapidly in the past year or so after a new capital injection, the main orders are still some orders from Kawasaki and Osaka Metalworking, and in the first half of this year, Daiichi Kogyo Co., Ltd. bought only $20 million in raw materials from Sumitomo.

As Sumitomo Corporation's largest trader, Yasuo Binchu doesn't think that an outsourcing company can do anything big with him.

However, Yasuo Hamanaka doesn't mean to be sarcastic, Junan Okamoto is his junior, and if he can give it a boost, he doesn't skimp on an opportunity.

Picking up the tea on the table and tasting it, Yasuo Hamanaka changed his comfortable posture and asked, "Oh." Is it your boss Koji Ahn Hye who wants to see me?"

"It's not. It is my boss Mr. Kennan Akiyama, the boss of Mr. Ahn Hui. ”

Binzhong Tainan couldn't help but be stunned when he held the phone, as the chief dealer of Sumitomo Commercial Nonferrous Metals, he knew or knew the whole person with a head and a face.

But what is this Akiyama Kennan, he has never heard of it at all.

"Why did he see me?"

"Mr. Ahn Hui told me that Mr. Akiyama would like to discuss with you about the share of copper futures in the London market. By the way, Mr. Akiyama is in London right now. ”

Nani?

What cats and dogs want to come to negotiate with me about the share of copper!

Yasuo Hamanaka couldn't help but feel a little ridiculous.

"Okamoto-kun, for your sake, I can give this Akiyama Kennan fifteen minutes. What do you think?"

"Thank you so much, sir!"

"Oh. Never mind. The weather in China should be very good now. ”

"Yes. The sun is very strong and the temperature is still very high. Compared to London, it is still more comfortable in China. ”

“......”

Canary Wharf is located a short distance from the financial district, and along the way you will find modern buildings and a variety of architectural styles with a hint of history, which are intertwined and accompanied by the crowds of people coming and going on the streets.

As the car drove smoothly, Shen Jiannan put down the information sent by the intelligence department, and his dark eyes flashed with a ghostly light.

In 1970, at the age of 22, Yasuo Hamanaka joined Sumitomo Trading.

By the end of the seventies, Yasuo Hamanaka was involved in metal futures trading on the London Metal Exchange, where he mainly traded tin and nickel futures contracts.

In the beginning, he didn't have much fame, just an ordinary clerk. But in just a few years, Hamanaka began to show his talent for trading.

In l983, he had already traded 10,000 tonnes of copper per year in London. By the early years, he had already had a place in the international copper futures industry, and it was at this time that "Mr. Five" and "Hammer" were shouted.

This is extremely unusual.

The high risk of the financial market is actually no different from the battlefield, and on the battlefield, anyone who survives and is promoted is a well-deserved genius.

Not everyone is the kind of guy who is so lucky that Washington, the founding father of the United States, that every time he is about to finish, his superiors will die on the battlefield and become the biggest winner by surviving everyone.

Yasuo Hamanaka obviously didn't just rely on luck to get to where he is today, this Mr. Hammer has been able to remain in Sumitomo for 20 years, and his strength can be seen.

It is important to note that the exchange usually changes traders once every two to three years.

"How are you?"