Chapter 347: A Glimmer of Life

It is said that buying is not as good as selling, the reason is that the seller has the initiative and understands the real situation of the goods better. The relationship between the Southern Group and the bank is somewhat similar to that of a seller and a buyer, who know the actual operation of the new mine well, but it is difficult for the bank to do so as an outsider.

In addition, Jin Changxing's cunning and cunning made careful arrangements in advance, and it was very easy for him to deliberately cover up the actual operation of the new mine.

Sure enough, as Jin Changxing expected, Director Zhang of the bank did not have a sharp eye, and as a layman, he couldn't see through the puzzle set by Jin Changxing.

And in the final analysis, Director Zhang is just doing a job, not doing his own thing, and it is impossible for him to fight with the mine on some details. He knows very well in his heart that some problems are convenient for others and for his own convenience, and if he really finds out some problems, the bank has no way to solve them, and the most fundamental way out is only to hope that the business situation of the enterprises that are relying on loans will improve.

Therefore, accompanied by Zheng Guorui, Director Zhang went to the new mine for a turn, but did not find any serious problems.

After returning from the inspection, he reported to President Yang: "President, the production and operation of the new mine of the Southern Group cannot be compared with when the copper price is at a high level, but the problem is not too serious. Taking 10,000 steps back, even if this mine really has problems and has to be sold at a discount, with more than 500 million yuan of funds advanced by the Southern Group in advance, it should not be a problem for us to recover the principal and loan interest. And that's just taking into account the discount for the new mines, and if you add in their group's smelters and sales companies, then our funds should be safe. ”

Governor Yang also felt some truth when he heard it: "This is also true, it should not reach the worst step, but it is necessary to understand it on the spot and know it in your heart." In the future, these situations should be followed up in a timely manner, and there can be no mistakes. ”

"Don't worry, I'll be in regular contact with them in the future. Director Zhang hurriedly replied.

Just when Jin Changxing himself was embarrassed to talk about the topic of copper prices rising in front of others, copper prices ushered in dramatic changes.

On this day, he has been accustomed to turning on the computer to look at the futures market when he has nothing to do, and when he turned on the computer to look at the futures market at more than nine o'clock, he suddenly found that the futures market K-line chart that has been in the descending channel suddenly appeared today.

This should be an increase, and the increase is not small!

Wait, it seems that there are no selling orders yet, only buying orders. What should this be called? By the way, it's called the price limit!

Jin Changxing couldn't believe his eyes, he looked at it carefully, it should be right.

He stood up "Teng", walked out of the office, and went straight to Li Xin's office along the aisle, and as soon as he entered, he asked: "Is the price of futures copper up and down?"

Li Xin also just saw this situation, and was about to notify Jin Changxing through a text message on his mobile phone, but before the text message was written, Jin Changxing came in. So he put down his phone and replied, "Yes." ”

Jin Changxing asked again, "When did it happen?"

Li Xin felt that he was asking very strangely, but it was difficult to say. Because the copper price today was pulled to the price limit within a few minutes after the gap opened, even Li Xin just found out.

Jin Changxing knew about the price limit at this time, which means that he was also looking at the futures trend, and he found out about this situation for the first time, and it was unlikely that someone else called him to tell him.

In this case, he should be able to see from the time-sharing chart that this price limit was a few minutes ago, why do you still ask yourself?

What Li Xin didn't know was that Jin Changxing was a person who only asked about the results and didn't pay attention to the details, and when he looked at the futures chart, he did the same.

When he opens the futures market every day to look at the price trend, he will only look at the K-line chart, only to see if it has risen or fallen today, as for how it fell today, because of what it fell, he would not carefully analyze it at all, and he was not willing to spend time to see the trend on the time-sharing chart.

In addition, today's trend was indeed unexpected by him, which surprised him, and he wanted to know why the copper price had risen, so he subconsciously came directly to Li Xin's office to ask Li Xin.

Li Xin said: "It was just a few minutes ago. ”

Kim Chang-heung asked, "Is there any news? Why did it suddenly rise?"

Jin Changxing asked this very urgently, if people who don't know would think that he would like the price of copper to fall.

Li Xin said: "I don't know about this, but I see that the futures copper price on the outside market also soared last night, and it is estimated that it fell too fiercely in the early stage, and now it is over-falling and rebounding." ”

Kim Chang-heung seemed to see a glimmer of hope, and he said to himself: "I just said that it is impossible to fall endlessly like this." Then he turned and went out as if no one was around.

After returning to the office, he immediately called Xue Chenzhi again: "Have you paid attention to the price of futures copper today? ”

Xue Chenzhi said, "Is it?

Jin Changxing leaned his head in front of the computer screen and looked carefully: "It has risen by 2,925 yuan, and now the copper price has returned to around 61,500 yuan." ”

This is also a huge piece of good news for Xue Chenzhi, he said excitedly: "It's gone up so much? That's great, how much is it good to increase our ex-factory price?"

Jin Changxing said: "Follow the futures price and raise it by 3,000 yuan!"

Xue Chenzhi said with some worry: "Wouldn't it be too much to raise 3,000 yuan at a time?"

At this time, Jin Changxing's confidence in his heart came up again: "What is high? I think that the current price rise momentum will not stop for a while and a half, and it will definitely rise tomorrow and the day after tomorrow. ”

Xue Chenzhi smiled: "I'm worried that the price increase will affect the shipment volume if the price is raised too much." ”

Jin Changxing listened to him and cheered him up: "You can relax, the market is buying up and not buying down, some time ago the shipment volume was not ideal because the price is falling, and downstream users are waiting and seeing, hoping to buy a lower price." Today, the futures price has risen by nearly 3,000 yuan, and those users will not be unaware of this situation. If you raise the ex-factory price today, they will only regret that they didn't pick up the goods from you yesterday. If you don't believe it, if you wait for two days to see, there will only be more and more customers who come to ask for goods. ”

Xue Chenzhi said: "Of course that's the best, I'll let them do it." ”

This rise is what Jin Changxing is looking forward to, and it is a price limit, he has a vague feeling in his heart, this is not as simple as Li Xin said about the over-falling rebound, maybe from today, things will develop in the direction he wants.

After a sharp decline, the price of copper finally rebounded upwards like a spring that was squeezed and suddenly released.

After the first price limit, it rose by more than 1,000 yuan per day for two consecutive days, and recovered more than 5,000 yuan of downside space in just three days.

If the emergence of the first price limit board still makes many futures investors hesitate, worried that this is just an over-falling rebound, it is easy to be trapped if they rashly chase high and follow up to go long.

Then the next two days of sharp rise completely changed everyone's mind, the market suddenly reacted, such a trend is obviously a reversal of the market, copper prices at this time on the low side, there is still a lot of room for growth in the future.

As a result, there was a rush to buy raw copper in the sales market again, and the price of futures copper continued to rise under the pursuit of investors.

A month later, the price of copper futures approached around 76,000 yuan again.

In the past month or so, Jin Changxing, who has suffered from depression, is like getting on a helicopter, and there is a feeling of soaring clouds, and he can see that the futures price has risen a lot every day when he turns on the computer.

The price of copper has risen so quickly to this position, and the happiest person is not Jin Changxing, because this price is not more than 5,000 or 6,000 yuan less than the price he paid when he bought the mine.

This price made him very embarrassed, and the price of copper ore corresponding to this price is also not far from the cost price of the new mine, he is not selling, not selling, looking at the copper price, hoping that it can go up again, so that he can have the opportunity to realize the backlog of copper ore on the mine as soon as possible.

Because the Spring Festival is approaching at this time, the financial statements of the previous year have been counted, and among all the branches of the group, the performance of the new mine is the worst.

Since it was acquired by the Southern Group, the mine has not had decent sales performance, and the little sales revenue generated cannot cover all kinds of expenses, let alone rely on profits to pay the huge annual loan interest.

This incident made Jin Changxing very faceless, because after he came to the Southern Group, he was really led by him, and this is the only thing that can be counted as his performance.

At the year-end summary meeting, he couldn't escape this topic and cheered others up: "The rise in copper prices can be described as in the ascendant, and the future high point is by no means the previous 84,000 yuan can be limited." Last year's situation for the new mine was not ideal, but I expect the new mine to turn a profit this year, and even hopefully become another big profit and tax player after the smelter. ”

From Kim Chang-heung's point of view, he really deserves such confidence.

Because the price of copper has risen from less than 60,000 yuan to around 76,000 yuan in just one month, its momentum can be described as thunderous.

Such a rapid rise has not occurred in the process of copper prices rising from 60,000 yuan to 70,000 yuan last year.

Only after the copper price broke through the 70,000 yuan mark, it quickly rose to a record high of 84,000.

In the same price range, this year's upward momentum is more fierce than last year, Jin Changxing expects the copper price to be like the warriors who climbed Mount Everest, with the current position of 76,000 yuan as the base camp, continue to hit 84,000 yuan, and eventually replace it with a higher position.