Reborn Financial Overlord

William dragged his chin, silently watching the crazily flickering boards in the market.

On the handicap, a large number of buy orders flashed quickly, and those small empty orders were all eaten up.

Before long, a large number of short positions began to appear.

It was a stop loss order that was killed under the fast attack of the bulls.

It seems that the bulls' offense is very sharp.

The momentum is very strong.

However, William smiled.

If the strength of the bulls is really sufficient, there is absolutely no need to engage in this kind of raid and snipe to kill the small funds in the short side.

Obviously, Binzhong Tainan couldn't sit still.

But he probably would never have thought that he was already here waiting for him.

Looking at the same increase in the price of the forward contract, William deeply admires his boss's despicable and shameless feelings, and Hamanaka Tainan may be very angry when the joint stock exchange amends the regulations.

"Boss, it's 2890."

A trader yelled.

William wasn't in a hurry at all, how would he make money if he didn't trap Sumitomo further: "Let them go first, and then we'll help them pull. Luo, add five thousand more longs."

2891 buy 100

2891 buy 100

2891 buy 100

2898 buy 100

......

Following William's instructions, Lun Copper's trend was like a rainbow, and it quickly recovered the sharp drop at the opening, reaching yesterday's closing settlement position.

At 19:[-] London time, the London Metal Exchange is closed.

At the end of the day, under the strong impact of the bulls, the London copper price soared by nearly [-]%.

A big positive line directly broke through all technical moving average suppression.

Final closing.

The price of Lun Copper has firmly stood above all technical supports.

Such a huge increase, in addition to the active attack from many parties, those short stop losses that were killed also contributed a lot.

Under the skyrocketing, even many short sellers defected on the spot and joined the long camp.

Under this big positive line, the weakness of the bears immediately reversed.

It not only changed the previous trend of head and shoulders that may have been formed, but also made the trend of Luntong form an N-up offensive posture.

Technically speaking, this technical form means that Luntong is likely to launch a second round of upward attack.

On the same day, a large number of technical selling orders were forced to stop losses.

The bear camp shows signs of being forcibly broken up.

Office of the Minister of Sumitomo Nonferrous Metals.

Binzhong Tainan was lying comfortably on the sofa. Wearing glasses, he no longer had a trace of worry on his face. He gently stroked Jiang Lizi's long hair with his hands from time to time, with a sense of joy and joy of a master.

So what about First International Capital!It's not that he was killed by himself, but as long as he is forced again tomorrow, all these bastards can be wiped out.

boom--

Suddenly, someone broke into the office directly.

Binzhong Tainan was startled, and Ono Yamashita from the trading department said in a panic: "Minister, it's not good, the British and American Securities Regulatory Commission will organize a joint investigation team to investigate..."

Before Ono Yamashita could finish speaking, two middle-aged men with western faces appeared at the door.

One of them took out a certificate and showed it.

"Mr. Binzhong Tainan, we are from the securities supervision and investigation team. Recently, we received a report that someone accused you of illegally manipulating the copper market. Now we need you to cooperate with our investigation."

"..."

Chapter 29 Interlocking

Binzhong Tainan's face was terribly gloomy.

Market manipulation?

Buying and selling with your own money, every transaction is legal, bullshit manipulating the market.

The market is not manipulated, so where does the ups and downs come from.

need?

Stop bullshitting.

Facing the two bastards who broke in suddenly, Hamanaka Yasuo knew deeply that it was the short sellers in the market who joined forces with the British government to target Sumitomo's position.

First change the rules, and then use the law to beat yourself.

fair?

There is no fairness in this world.

Yes, the securities law does have the crime of market manipulation.

Every country has them.

Japan has it, Hong Kong has it, Britain has it, and the United States has it.

Europe and the United States have extraordinarily strict regulations on finance?

Theoretically it is.

But in fact, compared to Sumitomo's 5.00% position in copper futures, it is unknown how many companies' positions in other targets far exceed this number.

The price of white sugar fell from US$2.20 to 0.218 that year, and no one checked and manipulated it.

The foreign exchange of various countries collapsed, and no one checked the manipulation.

Now, just to make a little money, these bastards put a hat on themselves.

It's just too deceiving.

After staring at the two people at the door for a long time, Binzhong Tainan knew that this time he was in big trouble.

These guys shamelessly amended the regulations, and now they are directly investigating, using the law to hit themselves...

The securities investigation team didn't seem to notice the anger in Binzhong Tainan's eyes, and made a gesture of invitation and said, "Mr. Binzhong Tainan, please come with us."

Under the urging of the securities investigation team, Binzhong Tainan had no choice but to leave.

This is the territory of the British, even if they are as powerful as Sumitomo, there is nothing they can do in this kind of place.

The only thing he can do is to try to explain and cover up his market manipulation.

although.

The so-called manipulation is just trying to impose a crime without excuse.

on the spot.

The people in the investigation team confiscated all kinds of materials from the Sumitomo Nonferrous Metals Department. A sense of crisis made everyone present feel a little panicked.

The Authority for Investments (SIB) is the UK's financial market watchdog.

As an independent non-governmental organization, it is the unified supervisory authority of the UK financial market. It exercises statutory duties and is directly responsible to the Ministry of Finance.

What about the Office of the Investigative Oversight Team.

Robertson Towne said seriously: "Mr. Hamanaka Yasuo, we have recently received accusations against you and the Sumitomo Group from many market investors.

In August 1993, you used Sumitomo Holdings’ Morunci Copper Mine to issue a false suspension of production announcement. On the 8st of this month, the production suspension announcement of the No. 21 Qingling Copper Mine in Peru was also issued by you. Sumitomo Group and Mitsui Group Pressuring Freeport Holdings’ Grasberg Copper Mine to issue false announcements…”

"But according to our investigation, these companies are only undergoing maintenance and have not stopped production."

"Sumitomo Nonferrous Metals holds 16 sell contracts in Lun Copper in March, but according to our survey..."

Each charge is a very serious charge in British and American law.

Different from the Asian market, in the financial market, mature markets in Europe and the United States have almost harsh punishment systems for financial-related regulations.

Once the charges are confirmed, even with the status of Binzhong Tainan, he will face unbearable consequences.

The most frightening thing is that every accusation involves Tainan Binzhong personally, and even the Sumitomo Group.

A company that publishes false announcements is enough to be fined to bankruptcy in the European and American markets.

Even a chaebol like the Sumitomo Group with hundreds of years of history can't stand that kind of horrible fine. If it's not enough, it will be a fine of hundreds of millions of dollars.

Binzhong Tainan remained silent.

If you want to add a crime, you can find any reason.

This bunch of bastards who talk about fairness in the market are ashamed, and what they say is meaningless.

"Mr. Hamanaka Yasuo, according to David Kim Conan, president of the London Metal Exchange, as early as the end of 1991, they had noticed your behavior and warned him several times. I don't know if this is true. "

Binzhong Tainan narrowed his eyes.

He replied.

"Yes, but this is not illegal. Every transaction of Sumitomo is carried out in accordance with the regulations of the exchange."

"But according to our survey, the number of long positions held by Sumitomo far exceeds the size of short positions. Do you want to squeeze short positions with a large number of long positions?"

"May I ask which stipulation that the company is not allowed to conduct speculative transactions while hedging and hedging positions?"

"In November 1991, you asked the president of dlt brokerage company Schreier Kaide to illegally provide you with false transaction certificates. Is there such a thing?"

"..."

Binzhong Tainan was speechless.

Because, before that, in order to evade the exchange's position announcement regulations, he did ask Schreierkaide to help him get a fake certificate.

And since the investigation team knew about it, it meant that that damn bastard had said everything.

9 month 6 day.

The Wall Street Journal

The Sumitomo Nonferrous Metals Trading Department was investigated by the British Financial Services Investigation Team. Its chief trader, Hamanaka Tainan, once asked the DLT futures brokerage company to issue an illegal transaction certificate for him.

Sumitomo Nonferrous Metals Trading Department holds a very large long position in the London copper market.

The London Financial Services Center believes that Binzhong Tainan used false transaction certificates and other means in the three-year transaction, which violated the relevant legal provisions.....

......

The news that the Sumitomo Nonferrous Metals Division was hit by the Financial Services Investigation Team was quickly spread.

As the Sumitomo Group faces multiple charges, rumors have circulated that Hamanaka will be forced to resign.

People in the industry are worried that once such a prominent figure who has played a huge supporting role in copper prices withdraws, what should the international copper price do?

affected by the news.

On the same day when the London Financial Exchange opened, Lun Copper gapped again and opened 3% lower in March, approaching the previous consolidation range of 2700 points.

First International Capital Trading Office.

The passionate battle song reverberates in the huge space, and the three-dimensional surround sound channel stirs people's emotions like beating a drum, making people crazy and exciting.

"Hallelujah"

"Building Our Nation"

"Hallelujah"

"Athletes galloping forward"

"Hallelujah..."