The Rebirth of the Financial Hegemon

Rob the Sumitomo Group?

Ye Tan and the others looked at Zhao Jiangchuan as if he were a fool.

What a joke.

What kind of existence is the Sumitomo Group?

Sumitomo Group alone has annual sales of more than 140 billion U.S. dollars, a figure that is equal to China's annual total trade exports.

For the small amount of funds they have in hand, Sumitomo Group is simply a Titan-like existence.

A fart might kill them.

Or they all died.

A baby robs a giant, how is this possible?

Okay, what I just said was all in vain.

This kid was so successful that he almost forgot his last name and who he was.

"Jiangchuan, don't be ridiculous. We can bully retail investors domestically with just a little money, but if we go international, they will wipe us out with just a wave of their hands."

"Yeah, we can't even exchange the three billion dollars for 500 million US dollars. Let alone go abroad to play with goods. We can't control any listed company outside."

"No, those companies have market capitalizations of tens of billions or even hundreds of billions of dollars. With our little money, we are just retail investors."

For Ye Tan and others, they naturally understand what the capital market is better than ordinary people.

My own personal experience is certainly more convincing than anything else.

Whether it is domestic stocks or futures markets.

They are not manipulating one or two people anymore.

The highly praised value was not all created by them.

Collect goods and stock up, build momentum and publicity, and then increase sales through one-stop service.

Finally sold the goods and left.

On what grounds?

It's not just that they have strong troops and horses, there are few opponents in China's territory.

But when it comes to the international market, they become those retail investors who are teased by them.

No one has much money.

The news ghost knows whether what he hears is true or false.

Those media mouthpieces are all in the hands of others, and it is not what others want to say.

Just like those retail investors in China, they just say that a cow has wings, but as long as they have enough money, no one will believe it.

Is it possible to make money by looking at those K lines?

Just save it.

If you have played something yourself, how can you not be good at it?

K-line, as long as you have money, it doesn't matter what you want to do.

If they really want to go out and mess around, those retail investors who have been harvested by them are their role models.

Zhao Jiangchuan naturally knew the concerns of these guys.

But he didn't have any disdain. On the contrary, he had a bit of admiration.

Not everyone can see themselves clearly.

For most people, the second child and me, the second child and the third child, are what they should be.

Be able to recognize your own shortcomings and admit that you are inferior to others.

This is not something ordinary people can do.

The egg hits the stone.

Stupidity or courage?

Maybe everyone has their own opinion.

It's just that Ye Tan's group of people are obviously smart people.

The future as understood by Zhao Jiangchuan.

This group of people has prospered in China, but they have never stepped outside the country.

If you look at it from his perspective, the choice of these guys is undoubtedly the right one.

Later, the state copper reserve incident and the petrochemical joint incident have explained everything.

They can do whatever they want on their own territory, but when it comes to the international arena, they still only have the chance to be massacred.

In terms of capital operation, the gap of a hundred years is not so easy to close.

But what Zhao Jiangchuan wants to do is not a direct confrontation.

In a real confrontation, with the strength of the Sumitomo Group, a hundred current Zhao Jiangchuans combined can only be ashes.

Zhao Jiangchuan understood that these guys also had good intentions.

So he smiled and said.

"I understand everyone's good intentions, and I'm a bit jealous myself. But if you want to control us, you're not qualified. It's okay to beat the drowned dog."

Beat a drowned dog?

Ye Tan rolled his eyes helplessly.

A drowned dog is still a dog.

It can bite someone to death.

But Ye Tan is an old Jianghu after all, and he understood what Zhao Jiangchuan meant after just one conversation.

Zhao Jiangchuan obviously listened to his words and wanted to participate in the encirclement and suppression of Sumitomo Group by other international capitals.

Standing in Ye Tan's position, you can see many things.

With Sumitomo's global share of the copper market, it would normally be impossible for such a serious loss to occur.

Now there are huge losses of billions of dollars, which is obviously being targeted by international capital.

Only international capital giants dare to attack a giant company like Sumitomo.

This is also the reason why Ye Tan and his group don't dare to go out to play.

Being targeted by international capital giants, with their kindergarten level, they would be wiped out in minutes.

Tried it once.

If you don't have any self-awareness, you'd better commit suicide as soon as possible.

In fact, Ye Tan's guess was absolutely correct.

Sumitomo was indeed targeted by international capital giants this time.

…..

New York, USA.

Quantum Fund Headquarters.

A prominent slogan hangs in the luxurious office.

“I was born poor, but I must not die poor.”

William Blake, standing with his hands down.

Standing respectfully in front of an old man about sixty-five years old.

Even though Blake has the title of earl, and even though Blake has countless properties under his name, he still has to be respectful in front of this old man.

Just because this old man has a name.

George Soros.

A living legend.

George Soros was born on August 12, 1930 in Budapest, Hungary.

Jews.

During the Japanese invasion of Budapest, the Soros family fled to the United Kingdom.

After arriving in London, the beautiful imagination of London was shattered by reality. This is not a world for the poor, but a paradise for the rich.

Soros can only make ends meet by doing odd jobs, and his life is devoid of any fun or freshness.

Work as a waiter in a restaurant, help people paint, do farm work on the farm...

But no matter how hard he tried, it was of no use.

These jobs didn't make much money, and at first they didn't even have enough to eat.

In 1949, Soros, who had saved a little money, immediately registered as a student at the London School of Economics. He hoped to use knowledge to change his destiny.

After enrolling, he studied hard and completed his undergraduate degree in two years.

But unfortunately, studying is not a magic weapon to change destiny. After Soros graduated, he only found a job selling handbags.

Frustrated, he switched careers to finance, starting as a trainee trader and slowly making some money.

The fluctuations in the financial market excited him, and he felt that there were opportunities everywhere. However, the atmosphere of seniority in London's financial circles made him suffocated, and he did not know when he would be able to make his mark.

In 1956, Soros decided to leave the United Kingdom, which made him sad, and try his luck in the prosperous and free new world on the other side of the ocean.

After arriving in the United States, things turned around for Soros.

Luck comes first from his identity.

In London, he was just an ordinary trader.

But in New York, he became one of the few experts who understood European financial markets. Although he didn't know much at the time, his American colleagues knew even less than he did, which created a blank market for him.

At that time, the financial markets of various countries were basically isolated, and Americans did not know that they could still make money in the European market.

Soros opened their eyes to this possibility.

With his keen awareness, Soros, who has accumulated a lot of experience, has risen since then.

In 1979, Soros, who was nearly fifty years old, had a net worth of US$25 million.

It was not until 1992 that the Quantum Fund led by Soros became famous.

He brought down the Bank of England and brought down the British government.

Since then, Quantum Fund has been out of control.

Italian lira crisis, Mexican financial crisis….Swiss currency defense battle….

Every battle makes Quantum Fund famous.

The soul of Quantum Fund is George Soros.

In the face of such a legendary figure, who dares to be disrespectful.

Even the governments of various countries were in awe in front of this man who claimed to have brought down the entire European financial system.

In the office.

Soros put his chin with one hand and was listening to William Blake's report.

He has gray hair and a kind face. If you only look at his appearance, it is difficult to connect with his fearsome reputation.

"BOSS, London Copper increased its position by 50,000 positions yesterday, and the current price is fluctuating around 2,700... The spot market is consistent with our previous analysis, and government procurement in various countries has slowed down... It is currently expected that Japan's Sumitomo Group will There are approximately 10 billion U.S. dollars of positions in London Copper..."

Soros naturally won't be bored when he listens to his subordinates' analysis of the copper market.

This time, the target of Quantum Fund’s attack is London Copper.

Sell ​​short copper.

Very much in line with Soros's style.

Tall buildings are not built in a day, but it only takes a few seconds for a 100-meter-high building to collapse instantly.

Just find a blast point and you can destroy a building instantly.

Two years ago, Soros had discovered the abnormal fluctuations in the international copper market with his keen intuition.

Japan's Sumitomo Group is one of several well-known consortiums in the world. Since it controls a large amount of spot resources, Sumitomo Group attempts to manipulate the London copper futures price by controlling spot resources.

From 1994 to the beginning of 1996, Sumitomo Trading Company's chief trader Hamanaka Yasuo controlled the LME's copper warehouse receipts in large quantities for a long time by artificially controlling the spot.

The LME copper warehouse receipts controlled by Shangbin Zhongtai accounted for as much as 90% of the exchange's stock at its peak, which caused the London copper futures market to be in a state of spot premium for a long time, with the forward price significantly lower than the recent price, thereby curbing the market's forward selling.

Under the strong control of Sumitomo spot and futures prices, international copper prices remained high for a time.

Soros saw an opportunity.

Since it can control the price of the entire international copper market, Sumitomo must have a large position in Lun Copper.

These positions are all in US dollars.

As long as the price of Lun Copper can be suppressed, all the US dollars in Sumitomo's hands can be snatched away.

But Hamanaka Tainan didn’t get it for free.

With its control of the spot and its huge position in Lun Copper, it has withstood repeated attacks by multiple funds such as Quantum Fund and Tiger Fund.

Soros has been helpless about this.

The company owns part or all of the shares of many copper mines and smelters around the world, including Chile, the Philippines and other countries, through holding shares or equity participation.

Without spot selling, there is nothing you can do against Sumitomo just by suppressing futures.

After many battles, Soros and other funds also felt exhausted.