Rebirth of the Strongest Tycoon

Vol 3 Chapter 860: Huge losses and counterattacks

Latest website: As Maekawa Taro continued to talk on the phone, Sumitomo Keigo's face became low. When the warning was passed on, Sumitomo Keigo rose in anger and his eyes became extremely sharp.

He narrowed his eyes, and 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 knew that Keigo Sumitomo was thinking, so he waited quietly.

For 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 funds on copper futures and aluminum futures. Give me my best to go long!"

"At the same time, the entire company is vigilant and persists until copper futures and aluminum futures reap the fruits of victory!"

"If there is any unexpected situation you can't make up your mind, call me as soon as possible! You did a good job this time!"

After speaking, Sumitomo Keigo hung up the phone, and the murderous look in his eyes never disappeared.

It doesn't matter who warned them about the company, because it is G·S·Huabao on the surface and it is difficult to find out who it is secretly.

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

The enemy must know that copper futures and aluminum futures have little chance of winning, so they thought of encircling Wei and saving Zhao and forcing them to withdraw from Sumitomo Corporation.

But he did not let the enemy wish!

Three futures, including LME nickel futures, have a loss of more than 100 million U.S. dollars, and it is not impossible to lose 200 million U.S. dollars.

He couldn't swallow this breath.

What's more, the impact of retreat is too bad. Sumitomo Corporation is the company that he relies on to compete for the position of the owner. If he shrinks, it is equivalent to giving up the position of the competing owner. How can this be!

But things have happened, the best way is to reap large profits on LME copper futures and LME aluminum futures to fill the pits of three futures including LME nickel futures, and use the victory in the LME copper futures and LME aluminum futures markets to defend The signboard of Sumitomo Corporation.

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

It was two days in a flash.

Two days later, Maekawa Taro strictly followed the instructions of President Keigo Sumitomo. Yanagawa Shuren reluctantly cut his fingers to survive. When the prices of three futures including LME nickel futures were getting lower and lower, he kept clearing his positions and fleeing.

The funds after the flight were all credited to the accounts of the LME copper futures and LME aluminum futures teams to provide ammunition protection for subsequent major actions.

"Minister, all LME lead futures are cleared!"

"Statistical losses!"

Upon hearing the report from his subordinates, Liu Chuan Shuren coldly ordered.

"Minister, all LME zinc futures have been cleared."

"Statistical losses."

...

In the afternoon, except for the remaining 820 lots of LME nickel futures that were not sold, the other two futures were cleared.

The final statistics made Liuchuan Shuren's blood dripping.

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

The contract sold by the LME nickel futures has actually lost 81.6 million US dollars.

However, the price of the LME nickel futures contract has almost bottomed out, because more and more institutions have poured in to take orders, otherwise they would not sell so fast.

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

It has to be counted, and it's really about the same as he estimated a few days ago, with a loss of 190 million U.S. dollars, which is a difference of 10 million U.S. dollars to 200 million U.S. dollars.

Although it is only halfway through this year, in Yanagawa's opinion, such a large loss is estimated to rank first in the company, and not only the London branch, but the entire Sumitomo Corporation parent company!

This means that his Liu Chuan Shuren will become a bright person in the company, and he is absolutely indispensable for the year-end review. Of course, the premise is that he can keep his job before the end of the year!

In order to keep his job, Liu Chuan Shuren gritted his teeth secretly, saying that he should try to recover losses as much as possible on LME copper futures and LME aluminum futures, and make up for the failure!

"All the funds are transferred to the accounts of the LME copper futures and LME aluminum futures teams, and everyone else will help!"

Greeting a group of subordinates, Liu Chuan Shuren led them to the LME copper futures department.

The next morning.

Operation room, City of London, where GS Warburg is located.

Evelyn Lowhill and Sidmund Warburg talked and laughed about the battle.

"Evelyn, it's almost over. I estimate that Sumitomo Corporation should be able to complete the clearance at around ten this morning."

Sidmund Warburg looked at the selling order for another one hundred LME nickel futures contracts and said with a smile.

After speaking, he said with some emotion: "I didn't expect the islanders to withdraw so decisively, at least 180 million U.S. dollars. If you don't want them, you don't need them. The islanders are really rich, haha~"

There will be a profit of at least 150 million U.S. dollars in his pocket. Evelyn Rohill is in a good mood. He smiled and nodded and said: "Islanders do have money. Last year, the total GDP of the island nation exceeded One trillion U.S. dollars, which ranks third in the world and twice that of the United Kingdom."

"The six major consortia of the island nation control over 60% of the total assets of the island nation. As the core company of the Sumitomo Consortium, Sumitomo Corporation has a lot of money."

Sidmund Warburg nodded, his eyes flashed and seemed to rise suddenly and said: "Now Sumitomo Corporation is still doing long LME copper futures and LME aluminum futures, and the determination is not small. Evelyn, do you want to go? Try?"

When Evelyn Roshir heard this, his expression froze for a moment, and then he returned to naturalness. He smiled and looked at the trading board.

When he saw the prices and trends of LME copper futures and LME aluminum futures, his eyes flickered, not knowing what he was thinking.

Sidmund Warburg glanced at him and looked at the trading board with a smile, his eyes darkened.

For a long time, Evelyn Rohill said: "I will wait and see again, if I have a chance, I will certainly try."

Sidmund Warburg smiled and didn't go any further, just a test or two, after all, Evelyn Roshir was not stupid.

Time passed slowly.

When I saw that there were fewer and fewer LME nickel futures selling orders ~www.readwn.com~Huabao also bought almost.

After Evelyn Roshir asked Sidmund Warburg to complete the settlement, he calculated the profit and then notified him.

Only when the London Metal Exchange opened in the afternoon, the movements of the LME copper futures and LME aluminum futures markets surprised him.

In particular, the rhetoric of Sumitomo Trading Co. and the company that suddenly jumped out to do more and pointed to the Howard family made Evelyn Rosier's face quite ugly.

Afterwards, he hurried back to the family immediately.

Lohill Family Manor.

"Damn, the Howard family actually got involved?"

After listening to his cousin's account, Jacob Rosier frowned and was in a bad mood.

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