The Rebirth of the Financial Hegemon

Chapter 217 Penalty of RMB 385 million

But things finally turned around.

The abnormal fluctuations in copper prices have aroused the common concern of the securities and futures regulatory authorities of the United Kingdom and the United States.

According to the UK Securities and Futures Commission, market manipulation is illegal. Hamanaka Tainan was investigated by the UK Securities Regulatory Commission for allegedly manipulating the copper market.

Such a good opportunity, how could Soros and Robinson not seize it with their shrewdness.

While Binzhong Tainan was busy responding to the Securities Regulatory Commission's investigation, Quantum Fund and Robinson Tiger Fund jointly began to suppress Lun Copper, and the price of Lun Copper was lowered from 3,300 points to 2,700 points.

With prices as high as 600 points, Sumitomo suffered losses of billions of dollars.

But with Soros’s character, how could he be satisfied with this.

How can a financial giant move out easily if he doesn't have a full appetite?

Sumitomo Group's position in copper is the support point that supports the high copper price.

Just like a building, if Sumitomo's position can be exploded, then the price of copper will inevitably collapse completely when Sumitomo closes its position.

After listening to the report of his subordinates.

Soros moved his tired eyes.

he ordered.

"If you continue to sell short, you must push the price below 2,700. I estimate that Sumitomo's bottom line is around 2,300..."

London, England.

Sumitomo Trading Co., Ltd.'s Nonferrous Metals Trading Department in London.

Hamanaka Tainan was resting on the sofa with his eyes closed.

He looked a little tired, and it was obvious that he hadn't had a good rest recently.

Facing the investigation and punishment by the British and American Securities Regulatory Commission, Binzhong Tainan has been struggling to deal with it, and a group of international capital in the market is taking the opportunity to attack.

Under the double pressure, Hamanaka Tainan also felt heavy.

However, Hamanaka Yasuo has no intention of admitting defeat. He feels that with the current spot resources under Sumitomo’s control,

With his position in Lun Copper, he can definitely make back the previous losses.

This has something to do with the character of Hamanaka Tainan.

Hamanaka Tainan has two very intriguing nicknames, one is "Mr. Five Percent" and the other is "Hammer". The former is a respectful name for his ability among people in the circle, while the latter describes his character.

The reason why insiders call him "Mr. Five Percent" is because the nonferrous metals trading department of Sumitomo Trading Co., Ltd. led by Yasuo Hamanaka controls as much as 5% of the global copper trading volume.

This shows the prominent position of Hamanaka Tainan in international copper futures trading.

Hammer is not the hammer in a certain local dialect of China.

"Hammer" is derived from the English translation of Hamanaka Tainan's name, yasuo hamanaka. The pronunciation of Hamanaka Tainan in English is very similar to "hammer". But the reason why this nickname is so popular is mainly because it reflects the hammer-like hard character of Hamanaka Yasuo in trading.

It is also the hammer-like character that contributed to Hamanaka Yasuo's success.

"Bang bang..."

knocking.

"Come in."

Kano Misa, Hamanaka Yasuo's personal secretary.

When Hamanaka Yasuo was resting, only Kino Misa dared to come over.

Kano Misa walked slowly to Hamanaka Yasuo's side, and she obediently pressed Hamanaka Yasuo's temples with both hands.

The technique is very skillful and the strength is moderate.

Obviously, I often do this kind of thing.

Hamanaka Tainan didn't open his eyes and just asked.

"It's almost opening time."

"Yes, Minister, the market will open in fifteen minutes. Do you want to go over and prepare first?"

"Meisha..."

Hamanaka Yasuo called out the name of Misa Kano, then turned the armchair in a circle, but his eyes were still closed.

Japanese women are indeed the most well-behaved women in the world.

Kano Misa stopped what she was doing, and she understood what Hamanaka Yasuo meant.

Kano Misa turned around and walked to Hamanaka Yasuo.

Squatting down, he opened the zipper of Tainan Binzhong's trousers.

Then bow your head….

Five minutes later, a refreshed Hamanaka Yasuo picked up his clothes and left the office.

Soros? Quantum Fund?

The man who claimed to have brought down the British government?

so what.

The glory of the past does not represent the glory of the present.

He is old.

Hamanaka Yasuo commanded from Sumitomo's seat at the London Exchange.

"Continue to add more and be sure to protect 2700 points..."

…..

China.

"Japan launched an invasion against us back then, and now there is such a good opportunity for revenge. Why are you so timid?"

"Don't come here, you are the kind of big boss who will wipe us out in a flash. You are doing well in the domestic market, so why do you have to deliver food?"

"You really don't want to go?"

"I won't go even if I die."

“…..”

For Zhao Jiangchuan, after hearing Ye Tan mention Sumitomo, he was reminded of the world-famous financial scandal in history.

Sumitomo incident.

He knew that this time was undoubtedly a good opportunity to kill Sumitomo.

Even if he was reborn, Zhao Jiangchuan would not be able to let go of what happened back then.

Now that the enemy is in trouble, of course he will add insult to injury.

However, with the funds in Zhao Jiangchuan's hands, even if he cuts with a knife, it is impossible to harm Sumitomo.

So this guy just wanted to call the three guys, Ye Tan.

The more people, the more money.

The more they make, the more Sumitomo will surely lose.

It's a pity that no matter how hard Zhao Jiangchuan talked, he couldn't convince those three guys.

Learn from your mistakes.

Wei Zexi and the others were unwilling to participate in the game of the international market.

"Brother Wei, you don't want to make foreign exchange? If Sumitomo suffers a huge loss, it must be attacked by someone. This is a good time to beat the loser. As long as you can make money, it will bring glory to the country."

Bring glory to the country.

Fight for your sister.

He couldn't understand Wei Zexi's disgusting behavior. Several people had said so clearly why Zhao Jiangchuan still wanted to go to the international market.

Could it be that this guy got up too smoothly and is now floating?

But it’s impossible not to be tempted.

After all, earning US dollars and earning RMB are two completely different concepts.

How about giving it a try?

Wei Zexi was still very young after all, so he was still a little moved by Zhao Jiangchuan's constant efforts.

Zhao Jiangchuan observed the words and expressions and immediately noticed Wei Zexi's hesitation.

He immediately said in confusion.

"We are just going to take advantage of the situation. We are not confronting Sumitomo. If you go up and take a few bites and then run away, what else can be done to us."

"Are you sure you can do it?"

"How will you know if you don't try? Brother Wei, you have lost all your courage. Sumitomo is nothing."

Your uncle's.

To provoke generals, this guy must be provoking me.

Although Wei Zexi knew that Zhao Jiangchuan was provoking him, he couldn't help but be provoked.

"Just give it a try, isn't it just a Japanese company?"

Finished.

Wei Zexi was deceived.

Ye Tan and Tang Wannian looked at each other and saw the helplessness in their eyes.

Not only did Zhao Jiangchuan fail to be persuaded, but Wei Zexi was also bewitched by Zhao Jiangchuan in the end.

Wei Zexi and Zhao Jiangchuan were bewitched. One more person can make Sumitomo a little more grateful.

Harming others but not benefiting oneself?

This guy doesn't care if it's not self-serving, as long as it hurts others, that's fine.

"Brother Tang, Brother Ye, what do you mean?"

Ye Tan and Tang Wannian just barely managed to spit it out.

Just now he was a fat man with a mouthful of soup, but now he is calling me big brother.

This guy really has no bottom line.

Ye Tan and Tang Wannian didn't know what to say.

Both of them have a persistent character and have suffered losses outside. Naturally, they cannot be easily beguiled by Zhao Jiangchuan.

When asked by Zhao Jiangchuan, the two of them immediately shook their heads like rattles.

What a joke.

It's so easy to make money for Waiguo Kernel. It would cost a lot of money just to get the funds out.

It's okay if you make a profit, but if you lose, you will be cheated to death.

The two people's attitudes were so resolute that Zhao Jiangchuan had no choice but to be able to attract Wei Zexi.

After all, no one who can play with billions of dollars is determined and arbitrary.

Zhao Jiangchuan could only say helplessly in his heart.

"I hope you won't regret it then."

On January 8, the China Securities Regulatory Commission believed that the Suzhou Red Bean contract and trading rules were imperfect and required all contract positions to reduce their positions and not open forward contracts after 9608.

On January 9th and 10th, Hongxiaodou failed to enter the opening and fell to the limit, which also exposed long positions established at high levels to the risk of liquidation and huge losses.

On January 15, the China Securities Regulatory Commission issued a notice to stop trading of red bean futures contracts on the Jiangsu Stock Exchange.

All positions in Hongxiaodou on the Jiangsu Stock Exchange were completely liquidated.

The main force headed by Zhao Jiangchuan won a complete victory in this battle.

Amphibole Investment made a profit of 1.6 billion on the long position and nearly 200 million on the subsequent short contract.

The other three companies also made a cumulative profit of 3.5 billion.

It can be said to be a great victory.

But then.

Amphibious Investment received a fine from the Securities Regulatory Commission.

Amphibious Investment Management Co., Ltd. was suspected of manipulating the Su Xiaodou 9602 contract and was fined RMB 385 million.

According to the relevant provisions of the "Securities Market Prohibition Provisions".

According to the law, Zhao Jiangchuan, the actual controller of Amphibole Investment, was subject to administrative penalties and a ten-year market ban.

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