The Rebirth of the Financial Hegemon

Chapter 7 Crime of Market Manipulation

At 19:00 London time, the London Metal Exchange closed.

At the close of the day, under the strong impact of bulls, London copper prices were pulled to 2,800 points.

A jump of nearly 4 percent.

Under a big positive line, it directly broke through all technical moving average suppression.

Final closing.

The price of Lun Copper is firmly above all technical support.

In addition to the active attacks from many parties, the short stop loss orders that were eliminated also contributed a lot to such a huge increase.

Under the skyrocketing price, many short sellers even defected on the spot and joined the bullish camp.

Under this big positive line, the short position was immediately reversed.

Not only has it changed the head-and-shoulders trend that may have formed before, but it has also made Lun Copper's trend form an N-up offensive posture.

From a technical perspective, this technical form means that Lun Tong is likely to launch a second round of upward attack.

On that day, a large number of technical selling orders were stopped and eliminated.

The short camp shows signs of being forcibly broken up.

The only thing keeping the short side at an advantage is that the short side of the forward contract remains strong.

Sumitomo London Trading Department.

Hamanaka Tainan lay comfortably on the sofa.

Wearing glasses, he had a comfortable smile on his face, and his hands gently stroked the long black hair of Misa Kino from time to time.

As Hamanaka Yasuo's personal secretary.

Kano Misa is a senior secretary who has been carefully selected by the company and received the most rigorous and comprehensive training.

In addition to closely protecting the safety of Hamanaka Tainan, she is also responsible for taking care of Mr. Hammer's personal life.

Regardless of appearance or figure, Misa Kono is in line with Yasuo Hamanaka's aesthetics.

Slim skin, enchanting temperament.

In this private office space, Misa Kano is wearing Japanese national costume.

There is not a single strand of hair inside the wide kimono.

From the open collar, you can see the looming white snow.

Kono Misa knelt lightly in front of Hamaka Yasuo.

The longer a family in Japan has a long history, the stricter its hierarchy is.

Hamanaka Tainan sat as carefree as an emperor.

Let Kino Misa kneel on the ground and perform it.

This allows Hamanaka Yasuo to feel the enjoyment of God.

Whether it is those position traders in the market or women, he is the God who can dominate them.

"boom…."

Suddenly, while Hamanaka Yasuo was celebrating his victory during the day, someone broke into his office directly.

In shock, Hamanaka Tainan was immediately finished.

In anger, he cursed angrily.

"idiot…."

This is Hamanaka Tainan's office. No one is allowed to enter without his permission.

But now, someone actually dared to break in.

This made Hamaka Tainan furious.

The person who came in was Ono Yoshiki from the trading department.

he said in a panic.

"Minister, this is bad, the British and American Securities Regulatory Commission has organized a joint investigation team to investigate..."

Before Ono Jiji could finish speaking, two middle-aged men with Western faces appeared at the door.

One of them took out an ID and showed it.

"Mr. Tainan Hamanaka, we are from the British and American Securities Regulatory Commission. We recently received a report that someone accused you of illegally manipulating the London copper market. Now we need you to cooperate with our investigation."

Hamaka Tainan's face darkened.

The crime of market manipulation exists in every country.

However, Europe and the United States also have extremely strict financial regulations.

In a perfect market, there is no hierarchical distinction between bankers and retail investors.

But one thing is that any company information must be transparent. If the company or the so-called banker maliciously conceals information, severe punishment cannot be avoided.

The highest penalty will be hundreds of years in prison.

The British Securities Judiciary Department has looked for Hamanaka Tainan before, but they have never forced in like this time.

This made Hamanaka Tainan feel bad.

If they didn't have certain evidence, these hypocritical gentlemen wouldn't be so direct.

What went wrong?

"Mr. Hamanaka Yasuo, please come with us."

At the urging of the securities investigation team, Hamanaka Tainan could only leave.

This is the territory of the British. Even someone as powerful as Sumitomo can do nothing in this place.

He can find ways to explain and cover up his market manipulation behavior.

After Hamanaka Tainan left.

Kano Misa and Ono Yoshiki looked at each other.

Then…..

The two people suddenly hugged each other tightly for no reason.

Not long after….

There were waves of soft humming from women in Hamanaka Tainan's office.

The Investment Board (SIB) is the UK's financial markets regulator.

As an independent non-governmental organization, it is the unified regulatory agency of the British financial market. It exercises statutory responsibilities and is directly responsible to the Ministry of Finance.

What about the Office of Investigation and Oversight Group?

“Mr. Hamanaka Yasuo, we have recently received accusations from market investors against you and Sumitomo Group.

In October 1995, you used Sumitomo Holdings' Morenci Copper Mine to issue a false production suspension announcement. In June 1994, the production suspension announcement for the No. 2 Qingling Copper Mine in Peru was also made by you.

In August 1993, Sumitomo Group and Mitsui Group jointly exerted pressure on the Grasberg copper mine controlled by Freeport and issued false announcements..."

Each of these charges is a very serious one under British and American law.

Unlike the Asian market, within the financial market, the mature markets in Europe and the United States have an almost harsh penalty system for financial-related regulations.

Once the charges are proven, even with Hamazaka Tainan's status, he will face unbearable consequences.

The most frightening thing is that every accusation involves not only Hamaka Tainan personally.

The Sumitomo Group is also implicated.

If a company makes false announcements, it can be fined to the point of bankruptcy in the European and American markets.

Even the Sumitomo Group, a conglomerate that has been in business for hundreds of years, cannot withstand such horrific fines, which can result in tens of billions of dollars in fines. If the amount is not enough, unlimited prison terms can be used to offset the fines.

Binzhong Tainan remained silent.

He knew that he couldn't talk nonsense at this time.

"Mr. Hamanaka Yasuo, according to David King, President of the London Metal Exchange, they had noticed your behavior as early as the end of 1991 and warned him several times. I don't know if this is true. "

Hamanaka Yasuo narrowed his eyes.

he replied.

"Yes, but it's not illegal."

"In November 1991, you asked Shriel Cade, the president of DLT Brokerage Company, to illegally provide you with false transaction certificates. Is this true?"

"..."

The silence of Hamanaka Tainan left the investigation team helpless.

As long as the parties involved don't acknowledge this kind of thing, there's nothing anyone can do about it.

If there is really evidence, they will continue to talk nonsense with Hamanaka Yasuo here.

Hamanaka Yasuo also knows this.

Nine p.m.

Hamanaka Tainan showed a sarcastic smile.

"Gentlemen, you won't keep me here for supper. If you don't treat me to supper, then I will go back to have my secretary's dinner. Gentlemen, I wish you a pleasant evening."

The arrogant attitude made the investigation team angry, but no one stopped Yamanaka Yasuo from leaving.

Neither Tainan Hamanaka himself nor the Sumitomo Group behind him can be provoked by ordinary people.

under capitalism.

Having money is like God. In addition to being able to dominate other people's wealth, he can also dominate other people's lives.

Non-governmental organizations like them have nothing to do with this kind of wealth.

After Hamanaka Tainan left, Thomson, the leader of the investigation team, picked up the phone and dialed a number in the United States.

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