Rebirth 76: Industrial Internet Empire

In an inconspicuous building on Thames Street in London, under the secret control of Puves, the headquarters of HSBC Bank was moved from Hong Kong to London.

Jonathan, who is highly regarded by Puves, also successfully joined the board of directors and took charge of the crucial investment department.

"Your Excellency President, Mr. Li Heping has arrived and is waiting for you in the VIP room!" Elena knocked on the door lightly and walked in and said.

Jonathan stood up and walked briskly towards the VIP room. This Li Heping was simply his lucky star. Every critical moment, he would always bring him unexpected surprises...

Pushing open the door of the VIP room, Jonathan stretched out his arms and said in Chinese with an exaggerated expression: "Mr. Li, long time no see, welcome to London!"

Li Heping also laughed and said: "Mr. Jonathan, you are now a influential figure in the London financial market, in charge of the largest investment fund in Europe. Why don't I make a special trip to visit the dock as soon as I arrive in London!"

"Worship the dock?" Jonathan was obviously in a daze.

"Haha, I just mean to follow you from now on! You HSBC eat meat, we will drink soup..." Li Heping laughed.

"Mr. Li, you are being too modest. Qianhai Asset Management is the most popular capital company in the capital market. Not only have you made a lot of money from the equity of Cisco and Sun, but the full acquisition of Apple is even more generous!" Jonathan He praised sincerely.

"Haha, it's just luck, not worth mentioning..." Li Heping chuckled.

After the two complimented each other, Jonathan asked straight to the point: "Mr. Li, you must have some big business plan when you come to London this time, right? If HSBC is useful, just give me your instructions!"

"I don't have a complete plan, I just stopped by to see an old friend, Mr. Jonathan, what do you think of the recent commodity futures?" Li Heping asked casually.

"You mean lme copper?" Jonathan's heart moved and he stared into Li Heping's eyes and asked.

Li Heping nodded and said: "The trend of LME copper futures is strange. It is indeed a bit unexpected. There must be some hidden secret that is unknown to outsiders, right? It is said that 70% of the long orders in LME copper futures are in the hands of Sumitomo Trading Company?"

Jonathan nodded and smiled bitterly: "More than 70%! The total trading volume of LME copper futures is less than 150 million tons, and almost 90% is in the hands of Sumitomo Trading Co., Ltd. Hamanaka Tainan, a lunatic, not only undertook almost all of COSCO's LME copper futures With short futures orders, I also bought a large amount of spot copper cathodes registered on the London Metal Exchange, hoarding them, forcing the short side to be unable to complete physical delivery!”

"Hamanaka Tainan is indeed crazy. With the little copper production capacity Sumitomo has, it dares to hoard and manipulate copper prices?" Li Heping said with a cold snort.

Jonathan smiled bitterly and said: "Mr. Li, you don't know. The annual trading volume of cathode copper of Sumitomo Trading Company's Metal Trading Department is as high as 50 tons. In recent years, Sumitomo Trading Company has been the well-deserved number one buyer in both the futures and spot markets. This This is also the reason why Binzhong Tainan is confident and has a heavy position in LME copper futures, because no one can come up with so much spot for delivery!"

"Mr. Jonathan, do you really think that no one can come up with so much spot for delivery?" Li Heping asked with an imperceptible smile on his face.

"Does your Qianhai Asset Management Company also have a controlling stake in copper mines?" Jonathan asked excitedly.

As HSBC is one of the registered traders of LME, Jonathan certainly knows that the price of London copper is seriously overvalued. Suffering from insufficient physical delivery, he can only watch Sumitomo Trading Company harvest the short side!

"Mr. Jonathan, are you interested in cooperating again?" Li Heping asked with a smile.

"Of course, as long as you, Qianhai Asset Management, can come up with enough physical goods for delivery, I am confident that that bastard Binzhong Tainan will pay a heavy price!" Jonathan vowed.

"To be honest, Qianhai Asset Management has actually invested in several copper mines in Africa. However, in order not to alert others, it has not been registered with the London Metal Exchange. As long as we list these copper mines on the London Stock Exchange, By quietly completing the registration and certification, you can catch Sumitomo Trading Company off guard..." Li Heping lowered his voice and said.

"How much production capacity can these copper mines release in total?" Jonathan asked hurriedly.

"The total production capacity of these copper mines is close to 200 million tons. In view of our good relationship with our customers, if we can successfully introduce Sumitomo Trading Co., Ltd. into the June-December contract, we can at least free up 6-12 million tons of grade A electrolytic copper for use. Delivery!" Li Heping said.

Jonathan pondered for a moment and then said: "Although it is still slightly insufficient, it is enough to make that bastard Binzhong Tainan drink a pot. The registration and certification of the London Stock Exchange will be left to us, HSBC. However, according to the regulations, as the London Stock Exchange One of the main dealers, HSBC cannot participate in relevant transactions before major registration certification!"

Li Heping chuckled and said: "Mr. Jonathan, don't worry! After the registration and certification information is disclosed, Qianhai Asset Management will suspend selling short copper futures orders and give you 1-3 days to open a position..."

"No... no, Mr. Li, you need to let these copper mines hide their production capacity and gradually announce the news of expanding their production capacity, otherwise we will not be able to build a position smoothly!" Jonathan said hurriedly.

"Isn't this not good? There are suspicions of manipulation of transactions. Once the London Stock Exchange traces it, we can't afford to suffer..." Li Heping said with concern.

Jonathan laughed loudly and said: "Mr. Li, you have forgotten that HSBC is also a member of the board of directors of the London Stock Exchange, so just feel free to do it!"

There is a commercial building opposite the London Stock Exchange, where the London branch of Zongheng Capital temporarily rents.

There are only a dozen employees in total. Looking at the entire Financial City, they are all ordinary small companies. Guo Kexin is not prepared to focus most of her energy on the Financial City. She prefers the New York Stock Exchange and the Chicago Mercantile Exchange. Trading style.

However, the production capacity of Escondida Copper Mine is close to 100 million tons. The copper futures trading of the Chicago Mercantile Exchange has too many restrictions and the trading volume is limited. It cannot undertake short hedging of such a large production capacity, so it can only open a position on the London Stock Exchange. .

In fact, since it is hedging, the losses within the dike are covered by the dike, and the rise and fall has little impact on Zongheng Capital. However, the arrogant Guo Kexin saw that he was harvested by Sumitomo Trading Co., Ltd. in the LME copper futures market, but he was still unwilling to accept it and flew there in person. London, want to get back on track!

It's no wonder that Guo Kexin is ambitious. Zongheng Capital has rarely failed in the 17 years since its establishment, and its assets have expanded more than a hundred times. She refuses to accept anyone except Yang Mo.

How can you just watch the LME copper futures in your hands being harvested by that bastard Tainan Hamanaka?Although copper futures have lost hundreds of millions of dollars on paper, Escondida Copper Mine will make it back in the electrolytic copper spot market!