Some traders believe that these funds are now more or less in control. But little is known about how much they have profited from this turmoil and what impact it will have on copper prices going forward.

However, Soros's spokesman strenuously denied it in New York, saying that Soros did not intervene in the market and had no business dealings with Goro Harano.

Soros did not say anything about this!

Previous posts about copper prices were also deleted.

In this way, who made the money of the Mitsui Sumitomo Financial Group suddenly became a cloud of fog, after all, it is better to be careful when it goes against the Mitsui Foundation with the rich Sumitomo Foundation, and do not make any noise when you make money.

At this time, another piece of news once again caused the shock of the world financial market!

The Elliott Fund, which manages $73 billion in assets in the United States, also announced that it had lost more than $24 billion in the precious metals market this time!

Elliott and Jerry, the founders of the Elliott Fund, also held a special press conference on this!

Announcing that this time due to a mistake in judgment, the Elliott Fund suffered huge losses, and the two responsible persons apologized to all investors.

Immediately, a number of large investment institutions announced the redemption of their own funds from the Elliott Fund!

The Elliott Fund is at risk of collapsing at any time!

The Wall Street Journal commented: "For institutional investors, risk control must be put in place. For the operation of front-end traders, there must be necessary back-office risk control measures, which is an important prerequisite for the stable operation of the enterprise.

Bloomberg commented: "The successful trading of good traders in the past often leads to the flaws of greed and arrogance in human nature, and if there is a good back-office risk pull, disaster can be effectively averted."

Reuters commented: "When our institutional investors participate in stock index futures trading, they must pay attention to the front-end trading and back-end risk control, and risk management should be the first priority in the investment process." For us individual investors, the corresponding risk control awareness is also indispensable. That's what we can learn from the Sumitomo incident.

Netizens are even more boiling!

"Oh my God! Just exposed a $45 billion loss, and now there's another $24 billion loss!"

"The news of the huge loss of Sumitomo Mitsui Financial Group on the front foot came out, and the news of the tragic loss of the Elliott Fund on the back foot!"

"I never imagined that the once invincible 'Mr. Iron Fist' would be defeated so badly!"

"I didn't expect the legendary trader Elliott to also suffer a heavy loss!"

"Who made all this lost money?"

"Which guys made all this money? Give me a fraction and it will cost me a lifetime!"

Sumitomo Mitsui Financial Group and Elliott Fund have lost nearly $70 billion in total, which large financial institutions have made this money?

No one knows!

···

At this time, Sumitomo Mitsui Financial Group President Kitasan Makai immediately held a press conference, at which he vowed to insist that Sumitomo Mitsui Financial Group would maintain normal operations and continue to actively and extensively participate in the international trading of copper futures and other commodities. In addition, despite the huge losses, the Sumitomo Mitsui Financial Group's financial system and financial strength remain strong.

However, Standard & Poor's (Asia), a world-renowned credit rating agency, has downgraded the short-term credit rating of Sumitomo Mitsui Financial Group from A-1+ to A-1, and has also indicated that it will continue to conduct credit reviews on Sumitomo Mitsui Financial Group and several of its subsidiaries.

New York's Moody's credit rating agency issued a statement following the Sumitomo Mitsui Financial Group incident, which plans to downgrade Sumitomo's senior debt rating to AA-3.

Yu Yingxue was shocked when she looked at these news, and asked very curiously: "This is too much loss, right?

At this moment, she was already lying in the quilt with Chen Hui, watching the evening news.

It's hard to imagine what the concept of the Mitsui Sumitomo Financial Group losing $45 billion is!

And that hedge fund also lost $24 billion!

I heard Chen Xiaohui say that he is also an investor, so he won't be making such a big investment, right?

Looking at Chen Xiaohui's calm face, Yu Yingxue asked again: "It's hundreds of millions, billions at every turn?"

Chen Hui smiled faintly and said, "It's just a small fight!"

Yu Yingxue was even more shocked, and her mouth opened into an O-shape!

He looked at the student in front of him with an incredulous face!

Chen Hui smiled, ready to start doing bad things again!

Tonight, he saw that Sumitomo Mitsui Financial Group and Elliott Fund had lost so much money, which immediately made his blood boil.

Naturally, I want to vent on Yu Yingxue's body.

Yu Yingxue hid to the side and shouted, "I'm going to die, you still come!"

She was really tortured by this student today!

Chen Hui smiled evilly and said, "Hehe, Teacher Yu give me a child!", there are only tired cows, how can there be a ploughed field.

Yu Yingxue immediately panicked, hearing the words 'give birth' suddenly made her extremely uneasy, last time she was in danger, that time she was crazy in Lamborghini all night, without any safety measures! The probability of her being pregnant with a child is very high!

So she immediately got up and was about to run away, but after a while, Chen Hui changed to another way and got her wish!

··

At this moment, in a mansion, a woman said to the two girls: "Let's leave Tokyo with my mother now!" Looking at the two silent girls, the woman said again: "Your father has such a big thing now, I'm worried about your safety!"

The woman, Karuhi Ichino, is the wife of Goro Harano! Although she and Goro Harano are not divorced, they have been separated for many years.

Now that Goro Harano has come out with such a big thing, it is likely to affect the family, and she is worried about her daughter's comfort, so she rushes to Tokyo and wants to take her two daughters out of here!

Her two twin daughters are all taken by her surname, because she is a rich lady, and the excellent and potential Goro Harano is from an ordinary background, and the two families are very different, so they are looked down upon by her father, and they have a surname with their grandfather when they give birth to a child.

Later, Goro Harano counterattacked and rose, and then the two broke out many times into great family conflicts, and their relationship was already broken, and the reason why they didn't divorce was because they had two twin daughters!

The two twin daughters are named Reika Ichino, Reiko Ichino!

Known as the cutest and most beautiful twin sisters in Dongying, the agency has already found them and is ready to build them as (PPAP twins)!

The two twins are currently in high school in Tokyo, so they live with Goro Harano, and now she wants to take the opportunity to pick up her two daughters!

Ichino Reika and Ichino Reiko asked in unison, "Mom, can't you let Dad come out?"

Kasuhi Ichino said indifferently: "Without thirty years, he won't be able to come out!

Rika Ichino, Reiko Ichino's eyes were red and she cried for a long time, and finally decided to leave here with her mother!

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