Yanagawa Shuto also took this into account, and his face became even more ugly.

One of his hearts kept sinking.

Since it is G· S. Huabao Company made a short sale, and it was also openly aimed at their Sumitomo Trading Company, so with the greedy face of the Jews, they would definitely not let go if they didn't bite the Yutomo Trading Company a few big bites.

The escape of funds is more difficult than expected!

However, this strengthened Yanagawa Shuren's determination to clear and stop losses.

"Yoshida, it seems that it is not feasible to sell and escape, you drag it slowly, and the loss will be talked about later. ”

Yanagawa Shuto sighed and commanded.

Yoshida Hinata secretly breathed a sigh of relief, and hurriedly nodded in agreement, the top boss was not angry with him, which was already a blessing in misfortune.

Subsequently, Yanagawa Shuto went to each team to check the situation, and after telling some things, he reported to the general manager of the London branch.

Such a big thing happened, and it also involved G· The general manager of Sumitomo Corporation's London branch was shocked, and then immediately convened a meeting of high-level executives, and after some discussion, the entire company became vigilant.

......

“G· S. Huabao against Sumitomo Corporation?

"And crazy shorting in the three markets of lead, nickel, zinc?"

George Berkeley, who was following up on LME copper futures and LME aluminum futures, was a little surprised when he heard his subordinates' report, and then frowned, feeling that something was wrong.

Sumitomo Corporation, which is now an ally of their Bright Fund, is long LME copper futures and LME aluminum futures, and he also went to the London branch of Sumitomo Corporation to discuss the steps of cooperation with the general manager of Sumitomo Corporation.

Now that Sumitomo Trading Company is in trouble, it will definitely affect the cooperation with their Bright Foundation.

"Continue to pay close attention, investigate the specific causes, and report to me immediately if there is any action on both sides. ”

After George Berkeley gave instructions to his subordinates, he immediately followed up more attentively on LME copper futures and LME aluminum futures.

Now it is enough to have a Bahrain bank, and at the moment they have an advantage in the Bright Fund.

If G· If S. Huabao joins the bears, or other powerful financial institutions join the bears' camp and launch a surprise attack, then it will be a toss-up.

......

The war on the London Metal Exchange has attracted the attention of many financial institutions and melon-eating people.

Especially when the information of bears and bulls is exposed more and more, the number of interested people increases.

Of course, there are many financial institutions that are waiting to see if they can find an opportunity to make a profit.

In the midst of all the attention, G· The bears led by S. Huabao Company were like a rainbow, and the prices of the three major metal futures plummeted.

By the time the morning market closed, the price of LME nickel futures had fallen to $8,472 a tonne, a drop of more than five percent in the morning, which is definitely a huge number.

Just around the middle of the day, a piece of news came out of the London Metal Exchange.

Inventories of spot contracts corresponding to LME nickel futures increased by 2,142 tonnes to 85,746 tonnes.

Inventory increases, bearish!

Sure enough, after the market opened again in the afternoon, the price of LME nickel futures plunged directly, falling from $8,472 a ton at the close of the morning to $8,435 a ton.

The price of LME nickel futures will continue to move lower.

Sure enough, by the time the market closed in the afternoon, LME nickel futures closed at $8,267 a tonne.

Compared with the price of $8,925 a ton this morning, the price is as high as 37% today.

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

Combined with the losses in LME lead futures and LME zinc futures, Sumitomo Corporation's metals trading department lost $42 million in one day today.

As an ally, George Berkeley will certainly play his part, so it's not good to take the initiative to get involved and help promote the head office, right?

Therefore, in the evening of the same day and the morning of the next day, many financial media under the Bright Fund analyzed G· The real intention of S. Huabao Company to short, and also pointed out that the price decline of LME nickel futures, LME zinc futures and LME lead futures is irrational, as long as the limelight passes, the value will rebound.

Financial institutions and retail investors have partially returned to rationality.

And the prices of LME nickel futures, LME zinc futures and LME lead futures have fallen to a certain extent, and some speculators believe that it is profitable and begin to buy a small amount tentatively.

Yanagawa Shuren can only hope that there will be more receivers, otherwise the three metal futures have invested nearly 600 million US dollars.

Even if the investment assets have shrunk, it is still a huge amount, and not every institution has the ability to take over!

When the value of the futures contract shrank by more than 10 percent, the London Metal Exchange immediately issued a warning to Sumitomo Corporation, requiring Sumitomo Trading Company to replenish the margin in a timely manner, otherwise it would be forced to close the position at the lowest price of the short position, and the loss would still be borne by the company.

......

"Hey, Jacob, you're here, Evelyn?"

G· Sidmund Warburg, who received a report from his subordinates, came out quickly, and happened to meet Jacob Rothschild and his bodyguards who were being led by employees, Sidmund Warburg asked with some surprise.

In the past few days, it was Evelyn Rothschild who came forward to discuss with him, but he didn't expect the real leader of the Rothchild family to come today.

Jacob Rothschild smiled and said, "Evelyn has some things to deal with, so I'm here, I haven't come to your company for a long time, welcome?"

Sidmond Warburg laughed and said, "Of course you're welcome, please come inside." ”

Soon, the two were seated one after another, while Jacob Rothschild's bodyguards were waiting outside the door.

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

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

Jacob Rothschild was stunned, shook his head with a smile and said, "I don't remember very well, although you are older than me, you have a better memory than me, it should be." ”

Sidmunge Warburger shook his head and laughed: "Don't mention this, you came today to care about metal futures?"

"From the moment we started, the victory was already sealed, you didn't have to make any extra trips. ”

In order not to expose himself, Jacob Rothschild did not use the company of the Rothschild family to sell, but found Sidmond Warburg and asked G· S. Huabao Company came forward to short on behalf of the company.

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

Jacob Rothschild said with a smile.

Sidmund Warburg shrugged his shoulders a little helplessly, and no longer argued, but talked about another topic: "Jacob, most of the funds in Sumitomo Trading's metal trading department are in LME copper futures and LME aluminum futures, you don't want to do it?"

Jacob Rothschild 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, so there is a certain risk." ”

"It's better to cut more meat from friendly trading companies first, and try to get them to keep more money. ”

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