William waved his hand as if holding a baton, indulging in unspeakable excitement and pleasure.

2696 sold 66

2694 sold 66

2689 sold 66

......

As the sales were transmitted to the central server through computer lightning, the feedback data made Lun Copper seem to be shot by countless bullets in March, and the price plummeted crazily.

This is a moment of life and death.

With Sumitomo's long position of more than 100 billion US dollars, such a large scale, there is no such thing as a stop loss.

Or, get rid of the international shorts.

Or, be killed by international bears.

Stop loss?

No.

That is suicide.

If Sumitomo insists, there is still a glimmer of hope, but stop loss and reduce positions, there is only one result. Closing hundreds of thousands of long contracts is tantamount to selling, which will drive the price of Lun copper into a hell.

What's worse is that with such a large position size, there are First International Capital, Quantum Fund, Tiger Fund and other bastards who are shorting, so there is no way to get out.

Binzhong Tainan looked cold, but his heart was even colder.

A super-huge Yin line was horizontally on the trend, like a sharp sword falling from the sky, and wiped out all the counterattacks he had managed to organize.

However, Sumitomo's position is so large that it is impossible to cut the position and stop the loss to reduce the loss.

These vile and shameless bastards.

He bitterly scolded the British in his heart, and what kind of international capital was there, but he couldn't hide the despair in his heart.

Like a trapped animal, Binzhong Tainan knew that the only thing he could do now was to fight to the death, but there was no hope.

There is nowhere to escape.

Defending in place will only be gradually swallowed up.

Binzhong Tainan clenched his fists weakly, looked at the 66 flashing on the screen, and finally understood why many Europeans would call Capital One a devil.

His face was livid and ferocious, regretting that he should not have cheated on the First International Capital, but at the same time full of deep hatred.

If you don't leave a way for yourself, you are simply driving yourself to death.

"You must hold on to me, at all costs..."

On the disk, the price of Lun Copper in March was sold at 66 in a row and some small transactions were made, quickly reaching 2638 points, but with the order of Hamanaka Tainan, the price was quickly raised to 2699 points.

Close a position, open a position.

sell, buy.

But countless small sell orders swarmed in, so that the bulls undertook a lot of selling pressure.

Sudden.

A large number of red numbers appeared on the handicap.

The dense red is like the blood of the ocean.

The irritation made Bin Zhongtai's eyes turn red.

All short contracts.

Under the pressure of a thousand hands of shorts, Luntong's 2600-point integer defense was broken down again.

Then, the back is densely packed with 66 short-selling contracts.

The price of Lun copper began to dive like a waterfall.

The strongest line of defense for bulls has been pierced.

"Hold it, hold it up for me..."

Binzhong Tainan roared with red eyes.

But it is useless, the transactions just reported by the long positions will be immediately eaten up by the empty orders that cannot be counted.

Caught in an ocean of short sellers, it has been difficult for the bulls to organize an effective counterattack.

Wall Street.

It was night.

Shen Jiannan looked at the computer screen in the distance with flat eyes.

In the past two days, the trading volume of Lun Copper has surged tenfold. Sumitomo is not the Bank of England, and the funds held in its hands should have reached their limit.

He sympathized with Binzhong Tainan.

This guy may not have seen the general situation clearly until now.

Made in Japan has already made Americans and Europeans feel stuck in their throats. When the Soviet Union fell, it had already determined the decline of Japan's national fortune.

At this time, Tonya delivered the grapes to Shen Jiannan's mouth. This little girl with the title of princess is as obedient as a well-behaved maid at this time.

no way.

Shen Jiannan always punished her.

In front of her, Masako Shinkawa yelled, and she was not allowed to close her eyes, it was like a devil's punishment.

The pink grapes are plump and crystal clear.

Holding the grape in his mouth, he bit it down, the juice splashed and turned into sweetness.

While eating grapes, Shen Jiannan calculated and entered a few numbers on the Lun Tong March interface.

2666, sold 6666

Deng!

The mouse clicked down.

In an instant, Luntong Sanyue, which originally wanted to rebound, was bombed to 2666 points at once.

Like a hungry wolf rushing into a flock of sheep, the market that had been calmed down, followed by huge sums of money being sold, took over the screen in an instant.

9 month 7 day.

Under the investigation of the regulatory authorities and the joint suppression of international capital, Luntong was bombarded to 2200 points in March.

Due to Binzhong Tainan's crazy increase in positions in Luntong in March, the drop of several hundred points caused some of Sumitomo's positions in Lunco to explode.

Thousands of tall buildings rise from the ground.

When the largest foundation supporting Lunco bulls exploded, the price of Lunco collapsed instantly.

Sumitomo's nearly $40 billion position was liquidated by the exchange.

Such terrifying funds were converted into selling immediately after the forced liquidation.

That week, Lun copper hit the largest decline in history.

In just five trading days, Lun Copper fell by 20.00% in March.

The way of the sky is more than damage but not enough to make up for.

This is not the case with the human way, there is not enough damage, and there is more than enough to give.Who can have more than enough to serve the world?

The financial market, a thing created by human beings, is still inseparable from the essence of the human way.

As the large-scale positions of Sumitomo Nonferrous Metals continued to be liquidated by the exchange, the loss of Sumitomo Nonferrous Metals expanded to US$62 billion.

So.

The bears win big.

On the same day, Tomi Akimizu, president of Sumitomo Corporation, announced that Hamanaka Yasuo, the chief trader of Sumitomo, participated in copper futures trading without authorization, causing a huge loss of US$40 billion for Sumitomo.

Then news came from Japan that Hamanaka was sentenced to seven years in prison for trying to conceal losses of more than $26 billion.

As soon as this news was announced, it immediately caused an uproar all over the world.

Countless people are guessing who Sumitomo's opponent is.

Futures trading is a zero-sum transaction, where someone loses and someone else wins.

Sumitomo has lost such a large amount of funds, so to whose hands did Sumitomo's huge loss of funds flow?

For a while, the global financial community was buzzing.

This is not a general commercial curiosity, but the whereabouts of these funds will determine who will play a greater role in the future copper futures market to some extent.

Soon, all the big traders on Luntong were exposed by those who wanted to.

There are mainly some international funds shorting in international copper futures, including major financial investors in the United States.

The world-famous First International Capital, which "defeated" the British government in the British pound crisis a year ago, made a profit of 6000 million U.S. dollars, the British Nanbo Bank made a profit of [-] million U.S. dollars, the British Jiuding Bank made a profit of [-] million U.S. dollars, Russia's Geman Investment management funds won $[-] million, the well-known American hedge fund Quantum Fund won $[-] million, Tiger Fund won $[-] million, Canadian billionaire Black won $[-] million...

No one knows who spread the news.

However, the financial market holds huge wealth, and under the huge wealth, it is difficult to really hide secrets.

For now, some traders believe the funds have more or less got the situation under control.But how much they stand to gain from the turmoil, and what impact it could have on copper prices, remains little known.

The news intensified.

Conspiracy theories, sniper theory, and global capital's joint sniper attack on Sumitomo are widely circulated at the top of society around the world.

The day.

Regarding the remark, Robert John, the spokesman for First International Capital CEO Shen Jiannan, publicly held a press conference on the matter.

Robert John strongly condemned the irresponsible remarks of some media, and explained that First International Capital did not take any offense in copper futures, and the CEO of the company, Mr. Shen Jiannan, was in Ukraine at this time to devote himself to his philanthropy.

The spokesperson of Quantum Fund also stated that Quantum Fund did not participate in the trading of copper futures. The company's position is mainly placed in the securities market, and it is optimistic about the improvement and recovery of the US economy.

......

Japan.

First Quanye Bank.

Noda Kirjo held his head and felt a headache.

Sumitomo and First Quanye Bank have always had a close cooperative relationship, among which the credit line granted to Sumitomo Nonferrous Metals Group is US$100 billion.

This time, Sumitomo suffered a loss of more than 60 billion US dollars in the London copper market, and this loss continued to expand. For a while, Sumitomo Nonferrous Metals Group was unable to repay the loan that was about to mature in the short term.

To make matters worse, 12 billion U.S. dollars of the foreign investment business of First Quanye Bank was also invested in the Luntong copper market, and now it has lost all of it.

Chapter 30 Japan's future national destiny

Since December, 89, the securities market reached the highest record of 12 points in the Nikkei index, and then began to decline all the way.

In addition, First Quanye Bank had previously sold one trillion yen of put options to the American International Investment Bank. Therefore, as the stock market price fell, First Quanye Bank’s securities investment business lost almost [-]%. trillion yen.

Since the summer of Heisei [-], the Ministry of Finance issued a notice on the total control of real estate financing.

The Ministry of Land and Resources announced the national public land price, fixed-point evaluation of land prices, and the suspension of bank loans to real estate, resulting in a continuous decline in real estate property prices, and there is no sign of stopping the decline. More than 200 financial institutions have gone bankrupt, including commercial banks, securities companies, etc. Companies, insurance companies, and Zhuzhuan financial companies and credit combinations.

The First Quanye Bank was also hit hard by these bankruptcies.

Originally, I thought that following Sumitomo to invest in non-ferrous metals, I could find some income in the new market, but who would have thought that Sumitomo would be attacked by many international investment institutions, causing the First Quanye Bank to lose 12 billion US dollars.

If it was three years ago, five years ago, ten years ago.

Losing this little money, it doesn't matter if the background of the First Quanye Bank is there.

But now, the situation is already precarious, and the debt ratio of First Quanye Bank has exceeded the total assets at once.

Nodagiri had no choice but to pick up the phone and dial the office of the central bank. The non-performing asset rate and the bad debts of the real estate industry and securities companies were too high. Now he could only ask the central bank for help. Otherwise, the First Quanye Bank could only wait for bankruptcy.

Central Bank of Japan.

An emergency meeting is also called urgently.

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