Chapter 842 Finance and Economics v Evaluation of Yang Chen Incident

Again, Yang Chen is rich, not sick.

He won't be foolish enough to lose money with real money. With such a big ticket, he must make adequate preparations.

The Dragon King Palace investigated all possible reasons for the rise in nickel prices and found a very critical piece of information, that is, Maozi, one of the main nickel-producing countries, will join the main wheat-producing country to cross the Ukrainian country.

As a global commodity trading giant, Glencore must have a unique understanding of this international situation.

If they dare to play like this, they must have also analyzed the situation that these two countries may start fighting.

Under normal circumstances, the general trend is impossible.

However, Yang Chen also stocked the system reward reversal card.

As soon as the reversal card was used, Yang Chen said that they would fight, and they would fight. Yang Chen said that they would not fight, and they would not fight.

Since Glencore wants to use this matter to make a fuss about Yang Chen, let them be clever but be mistaken by cleverness, and experience what it's like to dig a hole and jump by yourself.

In fact, if Glencore did this round against others, not against Yang Chen, they might have succeeded.

It can only be said that they killed themselves and could not blame others.

In order to join forces with Tsingshan Group, Glencore has stabilized Yang Chen this time.

But how did they know, Yang Chen guessed that they would definitely contact the Qingshan Group, so he had already prepared a response in advance.

Come on, isn't it just playing the game, let's be more intelligent than whoever does the game.

After hanging up the phone, Zhang Qingshan immediately ordered the mines controlled by Tsingshan Group to reduce production or even stop production in accordance with the request of Louis Bartles, and issued an announcement that Tsingshan Group was preparing to buy nickel, whether it is electrolytic nickel or high matte nickel, all of them.

In a word, it is to create that there is a very shortage of nickel now, and we must quickly stock up, otherwise we will not be able to buy it in the future, or we must buy it at a high price.

After this set of operations, the price of nickel rose immediately, and it directly soared to 50,000 meters of gold / ton.

This is far beyond the expectations of Glencore. They thought that the price of 50,000 meters of gold per ton should take about a month to arrive.

But, just five days later, that price was reached.

However, there are still more than 20 days before the delivery period, so these more than 20 days cannot be wasted in vain.

what to do?

Continue to rise until the delivery period is over.

In order to confuse Glencore, Yang Chen also asked people to release the news, saying that he couldn't bear it anymore.

He just spent 80 billion meters to control Douyin before, so he doesn't have enough money to make a margin call now.

Now facing the risk of forced liquidation by the exchange, it is likely that he will lose everything.

One stone stirred up a thousand waves, and the news that Yang Chen was forced into the air by Glencore's epic level quickly spread throughout the Internet.

Many financial big Vs commented on their Weibo and Douyin at this time, which made the popularity of this matter soar, and it was almost a household name.

For example, Douyin Million Net Celebrity Maru Zimei released a video dedicated to this matter.

"Family, there is another big event in the capital circle recently! Not long ago, Boss Yang just spent 80 billion meters to control Douyin. It has not been a few days, and he has shown his skills in the futures market again. According to the data, Yang The import and export company under the boss's name has continuously released short orders of 2 million tons of electrolytic nickel in the past week. Based on the average price of 21,000 meters of gold per ton, these short orders are worth 42 billion meters of gold. Yang The boss has always kept a low profile and refused to accept the ranking of the rich list, and everyone has no specific concept of his wealth. But now everyone knows it? It's just that, his family is too big to stand up to him. This time he may play it. Ah, this time his opponent is the global mining investment giant Glencore. The opponent ate all of his 2 million tons of empty orders, and used his own influence to sharply raise the price and perform an epic short-squeeze on Boss Yang. Today Boss Yang's import and export company has issued an announcement that due to the large fluctuations in the price of nickel futures market, the company has spent all the money on increasing the margin, and there is no extra money to pay to customers for the time being. This is nothing, the key They also said that if the price of nickel continues to rise, they will have a crisis of liquidation, which will lead to a payment crisis, and customers may not receive payment. Please know. What does this mean? It means that if the price of nickel continues If it goes up, the company will go bankrupt and liquidate, and the supplier's payment will go to you. Boss Yang, who has always been rich and powerful, can be regarded as a mess this time."

Maru Zimei just analyzed the data, so that everyone can have a clear understanding of the huge crisis Yang Chen suffered this time.

There is also a big V named Civilian Finance and Economics who also posted a video about this incident. His perspective is different from that of Maru Zimei.

"Family, something has happened! Boss Yang was squeezed by Glencore's epic 42 billion-meter gold! Boss Yang just held Douyin a few days ago, and he was so proud of himself. Now such a thing has suddenly happened. What's the matter? It is said that Boss Yang owns an import and export trading company. Some time ago, they imported and hoarded a lot of electrolytic nickel. What is nickel? You don't need to know too much, just know what it needs to produce stainless steel and electric vehicle batteries. Boss Yang's original intention of hoarding these nickels is to supply the battery factory under his name. But the price of nickel has risen very sharply these days, breaking through the historical high of 20,000 meters of gold/ton a few days ago. Boss Yang feels that the price of nickel has already At the peak, it should fall back to around 10,000. But the price of the goods he hoarded is relatively high. If it really falls back to around 10,000, he will lose a huge amount. So he wants to hedge in the futures market. This way As a result, the futures and spot markets have a profit and a loss. Hedging will not win or lose, and the value of the nickel in your hand will be preserved. But ah! Boss Yang was targeted by the global mining investment giant Glencore, and the other party directly He ate all his empty orders, and then used his ability to forcibly raise the price to the current 60,000 meters of gold per ton. This also means that for every ton, Boss Yang will lose 40,000 meters of gold. He put it all at once. After 2 million tons went out, UU Reading www.uukanshu.com is a loss of 80 billion meters of gold. He only spent the money a few days ago when he controlled Douyin, and now he will lose all of it. Now Boss Yang's company I have already spoken, I have no money, and the suppliers can't pay for the goods. According to the current trend, the price of nickel will definitely continue to soar. Boss Yang is afraid that he has asked the state to help. "

There are not thousands, but hundreds, of videos where financial big v like this expresses similar views.

With their help, people all over the country know that Yang Chen was calculated to lose 80 billion meters of gold by Glencore.

And this is only the current book loss. There are still more than 20 days before the delivery date of futures trading. No one can predict how much the price will grow.

But there is one thing to know, that is, Boss Yang is going to break his bones this time, and he is afraid that he will not be able to recover.

(End of this chapter)