Chapter 860: Huge Losses and Counterattacks (2nd Update)

Listening to Taro Maekawa's continuous narration on the phone, Keigo Sumitomo's face became gloomy, and when the words of warning were conveyed unchanged, a wave of anger rose in Keigo Sumitomo's heart, and his eyes became extremely sharp.

His eyes narrowed slightly, and he patiently asked about the specific situation of LME copper futures and LME aluminum futures, as well as the situation of the entire market, and then began to think.

Taro Maekawa also knew that Keigo Sumitomo was thinking, so he waited quietly.

After a long time, Sumitomo Keigo's eyes became firm, and he ordered in a deep voice: "Clear the three futures of nickel, lead, and zinc, and concentrate all the funds on copper futures and aluminum futures, and give me all my strength!"

"At the same time, the whole company will be vigilant and persist until copper futures and aluminum futures reap the fruits of victory!"

"If there's something unexpected and you can't make up your mind, call me as soon as possible!

After saying that, Keigo Sumitomo hung up the phone, and the murderous aura in his eyes never disappeared.

It doesn't matter who warned them about the company, because on the surface it was Gยท S. Huabao Company, it is difficult to find out who is in secret.

However, since the enemy has the strength to target the three futures invested by Sumitomo Trading, but does not touch copper futures and aluminum futures, Sumitomo Keigo will certainly not withdraw, but has strengthened his determination to go long.

The enemy must have known that copper futures and aluminum futures had little chance of winning, so they thought of encircling Wei to save Zhao and forcing them to withdraw from Sumitomo Trading Company.

But he didn't let the enemy get his way!

It is a certainty that the loss of three futures, including LME nickel futures, is more than 100 million US dollars, and it is not impossible to lose 200 million US dollars.

He couldn't swallow this breath.

What's more, the impact of retreat is too bad, Sumitomo Trading is the company he relies on to compete for the position of the head of the family, if he retreats, it is equivalent to giving up the position of the head of the competition, how can this be!

But what has happened, the best thing to do is to make a big profit on LME copper futures and LME aluminum futures to fill the hole of the three futures such as LME nickel futures, and use the victory in the LME copper futures and LME aluminum futures market to defend Sumitomo Trading's signboard.

Therefore, Sumitomo Keigo's attitude is quite firm, not afraid of threats, but to fight to the end!

In the blink of an eye, it's two days.

Over the past two days, Taro Maekawa strictly implemented the instructions of President Keigo Sumitomo, and Shuto Yanagawa endured the pain of breaking his fingers to survive, and kept clearing his positions and fleeing when the prices of three futures such as LME nickel futures were getting lower and lower.

The funds after the escape were all transferred into the accounts of the LME copper futures and LME aluminum futures teams to provide ammunition support for the follow-up big moves.

"Minister, LME lead futures are all cleared!"

"Count the losses!"

Hearing the report of his subordinates, Yanagawa Shuren commanded with a cold face.

"Minister, LME zinc futures have all been cleared. โ€

"Statistical losses. โ€

......

In the afternoon of the same day, except for LME nickel futures, which had 820 lots left unsold, the other two futures were cleared.

The final statistics made the hearts of Yanagawa Shuren bleed.

LME zinc futures lost $53.3 million, and LME lead futures lost $44.5 million.

The LME nickel futures contract has already lost $81.6 million.

However, the price of the LME nickel futures contract is also about to bottom, because more and more institutions are pouring in to take orders, otherwise they would not have sold so quickly.

After the remaining 820 LME nickel futures contracts are sold out, plus various costs, it is estimated that there will be a loss of about $11 million.

All in all, it must be about the same as he estimated a few days ago, a loss of $190 million, and a difference of $10 million to $200 million.

Although it is only half of this year, in the opinion of Yanagawa Shuren, such a large loss is estimated to rank first in the whole company, and not only the London branch, but the entire Sumitomo Trading Company parent company!

This means that he Liuchuan Shuren is going to become the company's Mingren, and he is absolutely indispensable in the year-end review, of course, provided that he can keep this job before the end of the year!

In order to keep his job, Yanagawa Shuren secretly gritted his teeth and said that he would try his best to recover his losses in LME copper futures and LME aluminum futures, and make up for his mistakes!

"All the funds were transferred to the accounts of the LME copper futures and LME aluminum futures teams, and everyone else went over to help!"

Greeting a group of subordinates, Yanagawa Shuren led everyone to the LME copper futures department.

The next morning.

City of London, Gยท The location of S. Huabao Company, the operation room.

Evelyn Rothschild and Sidmund Warburg chatted and laughed about the battle.

"Evelyn, it's almost over, and I estimate that around ten o'clock this morning, Sumitomo Trading Company should be able to complete the clearance. โ€

Sidmund Warburg said with a smile as he watched another 100 lots of LME nickel futures contracts sell orders come out.

After speaking, he said with some emotion: "I didn't expect the islanders to quit so decisively, at least 180 million US dollars, don't want to say no, the islanders are really rich, hehe~"

There will be at least 150 million US dollars in profits that fall into his pocket, which makes Evelyn Rothschild feel good, he smiled and said: "Island people are indeed rich, and the total GDP of island countries exceeded 1 trillion US dollars last year, ranking third in the world and twice that of the United Kingdom. โ€

"The six major consortia of the island countries control more than 60 percent of the total assets of the island countries, and Sumitomo Corporation, as the core enterprise of the Sumitomo Foundation, has a lot of money. โ€

Sidmond Warburg nodded, his eyes flashed and he seemed to suddenly say: "Now Sumitomo Trading Company is still long LME copper futures and LME aluminum futures, and it is not small, Evelyn, do you want to try it?"

Evelyn Rothchild's expression froze for a moment when he heard this, and then he returned to his senses, smiling and looking at the trading board.

When he saw the prices and trends of LME copper futures and LME aluminum futures, his eyes flickered, and he didn't know what was going on in his mind.

Sidmond Warburg glanced at him and looked at the trading board with a smile, his gaze deepened.

After a long time, Evelyn Rothschild said: "I'll wait and see, and if I have the chance, I'm certainly willing to try." โ€

Sidmond Warburg smiled, didn't say any more, just tried a sentence or two, after all, Evelyn Rothschild was not stupid.

Time passes slowly.

When we saw that the sell orders for LME nickel futures were getting fewer and fewer, Gยท S. Huabao also bought almost it.

Evelyn Rothschild told Sidmundge Warburg to settle the deal and then inform him after the distribution was clear.

It was only when the London Metal Exchange opened in the afternoon that he was surprised by the trend of the LME copper futures and LME aluminum futures markets.

In particular, the bold words of Sumitomo Trading Company that broke out later, and the company that suddenly jumped out to go long pointed to the Howard family, made Evelyn Rothschild's face quite ugly.

Subsequently, he immediately rushed back to the family.

Rothschild family estate.

"Damn, the Howards even intervened?"

After listening to his cousin's story, Jacob Rothchild frowned and was in a rather bad mood.

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