Chapter 842 Financial Big V Comments on the Yang Chen Incident

Again, Yang Chen is rich, not sick.

He would not foolishly take real money and lose money. With such a big bet, he must be fully prepared.

Longwangdian investigated all the reasons that may affect the rise in nickel prices and found a very critical piece of information, that is, Maozi, one of the major nickel-producing countries, has joined forces with the main wheat-producing country to start a war.

As a global commodity trading giant, Glencore certainly has unique access to this international situation.

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

Under normal circumstances, the situation is overwhelming.

However, Yang Chen also stocks the reversal card that is rewarded by the system.

Once the reversal card is used, if Yang Chen says they will fight, they will fight. If Yang Chen says they won't fight, they won't fight.

Since Glencore wants to use this matter to make a fuss about Yang Chen, let them be smart but be misled by their cleverness, and experience what it feels like to dig a hole by themselves.

In fact, if Glencore had targeted others instead of targeting Yang Chen, they might have succeeded.

It can only be said that they seek death themselves and cannot blame others.

In order to join forces with the Qingshan Group, Glencore can definitely defeat Yang Chen this time.

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

Come on, it's just a game. Let's see who can do it better.

After hanging up the phone, Zhang Qingshan immediately ordered all the mining areas controlled by Tsingshan Group to reduce production or even suspend production in accordance with Louis Bartrice's request. He also issued an announcement claiming that Tsingshan Group was ready to buy nickel on a large scale, whether it was electrolytic nickel or high-matte nickel.

In a word, it is necessary to create the impression that nickel is in short supply now, and we must stock up quickly, otherwise we will not be able to buy it in the future, or we will have to buy it at a high price.

After this set of operations, the price of nickel rose immediately, directly reaching 50,000 meters of gold/ton.

This greatly exceeded Glencore's expectations. They thought that the price of 50,000 meters of gold per ton should take about a month to arrive.

but,

Only five days later, this price was reached.

But there are still more than 20 days left before the delivery date, so these 20 days cannot be wasted.

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 yuan to control Douyin, so now he doesn't have enough money to make a margin call.

Now he faces the risk of forced liquidation by the exchange, which may cause him to lose all his money.

One stone stirred up a thousand waves, and the news that Yang Chen was shorted by Glencore at an epic level soon spread throughout the Internet.

Many financial influencers commented on this on their Weibo and Douyin, which made the matter more popular and almost became a household name.

For example, Douyin’s millionaire financial celebrity Maranzi Girl released a video specifically talking about this matter.

"Family, something big has happened in the capital circle recently! Not long ago, Boss Yang spent 80 billion yuan to control Douyin. Not even a few days ago, he is flexing his muscles in the futures market again. According to data, Yang The import and export company under the boss's name has continuously issued short orders for 2 million tons of electrolytic nickel in the past week. Calculated based on the average price of 21,000 meters of gold/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 on the rich list. No one has a specific idea of ​​his wealth. But now everyone knows, right? But, the family is too rich to withstand what he does. This time he may mess up. Yeah. This time his opponent is the global mining investment giant Glencore. The other party completely ate up his 2 million tons of short orders, and used its influence to sharply increase the price, carrying out an epic short squeeze on Boss Yang. Today Boss Yang's import and export company has issued an announcement. Due to the large price fluctuations in the nickel futures market, the company has spent all its money on increasing margins and has no extra money to pay customers for the time being. This is nothing, the key is They also said that if the price of nickel continues to rise, they will be in danger of being liquidated, which will lead to a payment crisis, and customers may not receive payment. Please be informed. What does this mean? It means that if the price of nickel continues to rise If the price rises, the company will go bankrupt and liquidate, and the supplier's payment will be forfeited to you. Boss Yang, who has always been wealthy, has really screwed up this time."

Maru Zimei just analyzed the data to give everyone a clear understanding of the huge crisis Yang Chen suffered this time.

There is also a big V named Minmin Finance who also posted a video about this incident. His perspective is different from that of Wanzi Girl.

"Family, something big happened! Boss Yang was shorted by Glencore at an epic price of 42 billion meters! Boss Yang just controlled Douyin a few days ago and was very proud of himself. Now something like this suddenly happened. What's going on? ? It is said that there is an import and export trading company under the name of Boss Yang. Some time ago, they imported and stockpiled a lot of electrolytic nickel. What is nickel? You don’t need to know much about it, you just need to know that it is used in the production of stainless steel and electric vehicle batteries. . Boss Yang’s original intention of hoarding these nickels is to supply the battery factory under his name. However, the price of nickel has risen very sharply recently, 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 When it reaches the peak, it should fall back to around 10,000. But the price of the goods he is hoarding is relatively high. If it really falls back to around 10,000, he will suffer a huge loss. So he wants to do a hedging in the futures market. This way As a result, one makes a profit and the other loses in the futures and spot markets. By hedging, there is no gain or loss, thus preserving the value of the nickel in hand. But! Boss Yang was targeted by the global mining investment giant Glencore, and the other party directly He ate all his short orders, and then used his own ability to force the price to the current 60,000 meters of gold/ton. This also means that for every ton, Boss Yang will lose 40,000 meters of gold. He put it all at once Two million tons were sold out, which is a loss of 80 billion meters of gold. He just spent this money on Douyin a few days ago, and now he is going to lose it all. Now Boss Yang’s company has spoken out and has no money. , suppliers can no longer pay their bills. According to the current trend, the price of nickel will definitely continue to soar. Boss Yang is afraid that he will ask the state to help."

There are not thousands, but hundreds, of videos like this where financial influencers express similar opinions.

With their encouragement, people all over the country knew 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 until the futures trading delivery date. No one can predict how high the price will grow.

But one thing we know is that Boss Yang is going to be exhausted this time and may not be able to recover.