Rebirth of the Financial Overlord

Chapter 572 The Toxic Temptation

In the minister's office, Binzhong Tainan hung up the call from the front desk, and a trace of doubt and incomprehension flashed in his eyes.

Who is Shen Jiannan?

In the British financial circles and speculative industries, there is really no one who does not know. It broke the Finnish mark, killed the Italian lira, broke the pound and robbed the Bank of England. The oriental face that hangs in the newspapers every day, in the hearts of the entire European speculators, just didn't help him put another horn on his head.

Binzhong Tainan never imagined that Akiyama Jiannan is Shen Jiannan who has been flourishing in the financial market recently.

How could such an international speculator come to Sumitomo?

Two minutes later, full of doubts and doubts, Binzhong Tainan got up and went to the company's reception department. When he saw Shen Jiannan's face, he was even more confused.

As the front desk said, it is indeed Shen Jiannan.

In newspapers and on TV, Hamanaka Yasuo no longer remembers how many times he saw that face in newspapers and TV, and even met him once when he happened to be on business in Canary Wharf.

After all, he was the chief trader of Sumitomo Corporation. After being shocked, Hamanaka Tainan greeted Shen Jiannan calmly with unique Japanese etiquette.

Japan is a very xenophobic country, especially after they have determined their own culture and thinking, they are not willing to integrate into any other culture, even if they are abroad, the real Japanese will try to maintain the Japanese way of life .

The reception room of Sumitomo Trading Co., Ltd. is obviously very Japanese.

No dust can be seen on the wooden floor, and the only furniture in the huge space is a wooden tea table and two futons, and nothing else can be seen.

Very monotonous and poorly furnished.

Scanning everything in the room, Shen Jiannan's eyes flashed a rare look of appreciation.

In the speculative business, every day, people are floating in unimaginable wealth, thinking about heaven and hell, and repeatedly baptizing back and forth. Those who can survive are either extremely crazy and have no taboos about sensuality; or they are indifferent and lacking in humanity. The awe of life; or, defiantly, looking down on all living beings.

But judging from the layout of the office to the reception room and the information in the intelligence, Hamanaka Yasuo went to another extreme.

self-discipline.

Self-discipline is almost mechanical, almost to the point of obsessive-compulsive disorder.

Twenty years have been like a day, this kind of person's will is so firm, it is almost impossible to find his weakness.

If he hadn't known Binzhong Tainan, no one would have thought that with Binzhong Tainan's current status, he would continue to maintain this self-disciplined living habit.

After some simple greetings, the two parties sat cross-legged on the tatami in the reception room, and the secretary who had been waiting for a long time also knelt on one side and made tea.

The light green tea is full of enthusiasm, and amidst the smoke and dust, a light and elegant fragrance spreads over the surface.

While drinking the tea, Shen Jiannan started talking as if this was his home field.

"Is Binzhong-kun surprised?"

This is a topic that makes people feel passive if they answer it, but Hamanaka Yasuan has no choice but to answer it. The aura in Shen Jiannan's body is too strong. He has only felt that kind of aura in Sumitomo's current president, Fu Qiushui. .

"It's really surprising. I really didn't expect it to be Shen Jun. I don't know if your Excellency is here, what advice do you have?"

Holding the teacup, Hamanaka Tainan replied several times in a reserved manner without being rude.

Very clever rhetorical question.

Not only regained control of the home court, but also not abrupt.

However, Shen Jiannan didn't take it seriously. If Sumitomo cooperates, then cooperate once. If not, then die.

"I can't give advice. The European economic recession is the general trend, and the North American market is still in the recovery cycle. I think Binaka-kun is also very clear about the situation in Japan. The economic conditions of major markets around the world are very bad, and the demand for mineral resources is bound to It will decline further. I don’t know if Sumitomo is interested in taking advantage of this to gain more market share.”

"."

Binzhong Tainan's eyes narrowed involuntarily.

Shen Jiannan was thinking about these things not long ago.

European currencies are in turmoil, and capital has been fleeing. I am afraid that for a long time, the European economy will not improve. The same is true for Japan. The local economy has been hit hard, and even a consortium like Sumitomo cannot expand the scale of overseas investment.

It is also due to these combined reasons that the international copper price has been sluggish recently. In just one month, the copper price dropped from US$2,549 per dry ton to US$2,253.

A drop of more than ten percent.

This is undoubtedly not a good situation for Sumitomo Metal Industries, Ltd.

In order to hedge the loss on the spot, Hamanaka Tainan had to increase the size of the short position in the market to resist the loss caused by the decline in copper prices to the company.

But market hedging is not a long-term solution.

Hamanaka Tainan feels that if he can control more copper transactions, he can eat both ends. If the spot price is raised, the profits of the major copper companies controlled by the company will not be damaged, and then he will squeeze the short position in the futures market and establish a long position. , It is completely possible to make money with spot and futures.

However, there is this idea, that is, in the recent period, Hamanaka Tainan has never disclosed this idea to anyone, even the chairman of the group, Qiu Shuifu, does not know about it.

He really didn't understand why Shen Jiannan's eyes were so confident and his tone was so sure, as if he knew his purpose.

After all, he had experienced many murderous baptisms in the market. Although he was shocked in his heart, there was no abnormality on Binzhong Yasuan's face. He picked up the teacup and took a sip before taking Shen Jiannan's words lightly.

"I don't quite understand what Shen Jun means!"

"Oh. Don't Binzhong-kun think this is a good opportunity? For example, some copper companies with high production costs have unfortunately gone bankrupt due to the sharp drop in copper prices."

Binzhong Tainan is not a fool, how could he fail to understand what Shen Jiannan meant.

Not all copper companies know how to use futures and spot hedging in the financial market to avoid risks. If copper prices plummet, some small copper companies will inevitably go bankrupt.

And even risk hedging in the financial market has a certain degree. The trading volume of the financial market is placed there, but the global spot copper trading is so huge. Once the market plummets and the registered warehouse receipts are not enough for delivery, it will force those large ones But copper companies with high production costs went bankrupt.

At that time, Sumitomo will be able to buy many bankrupt companies at a very low price to complete the industry reshuffle.

bang bang bang—

Hamanaka Tainan's heart beat wildly involuntarily.

Even though he knew that a guy like Shen Jiannan would never be kind enough to give Sumitomo any advice, and this temptation might even be poisonous.

"Shen Jun is from Huaxia!"

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