Chapter 842 Financial Big V Comments on the Yang Chen Incident
Chapter 842 Financial Big V Comments on the Yang Chen Incident
Again, Yang Chen is rich, not sick.
He wouldn't foolishly take real money to lose money. He must have made adequate preparations for such a big game.
The Dragon King Palace investigated all possible reasons that may affect 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 in Uzbekistan.
As a global commodity trading giant, Glencore must have a unique understanding of this international situation.
If they dared to play like this, they must have also analyzed the possibility that these two countries would start fighting.
Under normal circumstances, the general trend cannot be done.
However, Yang Chen also stocked the reversal cards rewarded by the system.
Once the reversal card is used, Yang Chen says they will fight, they will fight, Yang Chen says they will not fight, they will not fight.
Since Glencore wants to make a fuss about this matter to harm Yang Chen, let them be fooled by their cleverness, and experience what it feels like to dig a hole and jump by themselves.
In fact, if Glencore made this round against others instead of 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 Qingshan Group, Jialeng can secure Yang Chen this time.
But how do they know,
Yang Chen guessed that they would definitely contact Qingshan Group, so he had already prepared for it in advance.
Come on, isn't it just a game, let's compare who is better at the game.
After hanging up the phone, Zhang Qingshan immediately ordered the mining areas controlled by the Qingshan Group to reduce production or even stop production in accordance with the requirements of Louis Batris. He also issued an announcement stating that the Qingshan Group was going to buy nickel on a large scale, whether it was electrolytic nickel or high-matte nickel.
In a word, it is to create that there is a very shortage of nickel now, and you must stock up quickly, otherwise you will not be able to buy it in the future, or you will have to buy it at a high price.
After this set of operations, the price of nickel rose immediately, directly soaring to 50,000 meters of gold per ton.
This has 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.
However, after only five days, this price has arrived.
But there are still more than 20 days before the delivery period, so we can't waste these 20 days in vain.
How to do?
Continue to rise until the delivery period is up.
In order to confuse Glencore, Yang Chen even asked someone to release the news, saying that he couldn't bear it anymore.
He just spent 80 billion meters of gold to hold Douyin before, so he doesn't have enough money to increase the margin now.
Now he is facing the risk of forced liquidation by the exchange, which may cause him to lose all his money.
One stone caused a thousand waves, and the news that Yang Chen was squeezed by Glencore's epic level quickly spread throughout the entire network.
Many financial big Vs commented on this time on their Weibo and Douyin, which made the popularity of this matter skyrocket, and it almost became a household name.
For example, Tik Tok’s million-dollar Internet celebrity Finance and Economics Wanzi released a video dedicated to this matter.
"Family, there has been another major event in the capital circle recently! Not long ago, Boss Yang just spent 80 billion meters of gold to control Douyin. It has not been a few days, and he has made a big splash in the futures market again. According to the data, Yang The import and export company under the name of the boss has continuously released empty 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 empty 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. Everyone has no specific concept of his wealth. But now everyone knows it? It’s just that the family is too big to stand up to him. This time he may mess up That's right. This time his opponent is the global mining investment giant Glencore. The other party took all of his 2 million tons of empty orders, and used its own influence to violently raise the price, and made an epic short squeeze on Boss Yang. Today Boss Yang's import and export company has issued an announcement. Due to the large fluctuations in the nickel futures market price, the company has spent all its money on increasing the margin, and there is no extra money to pay customers for the time being. This is nothing, the key But 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 the payment. Please know. What does this mean? It means that if the price of nickel continues to If the price rises, the company will go bankrupt and liquidate, and the supplier's payment will be thanks to you. Boss Yang, who has always been rich and powerful, has screwed up this time."
Maruko-sister just analyzed the data to let everyone have a clear understanding of the huge crisis Yang Chen suffered this time.
There is also a big V named Minmin Finance and Economics who also posted a video about this incident. His angle is different from that of Maruko.
"Family, something big has happened! Boss Yang was cornered by Glencore's 42 billion meter gold epic! Boss Yang just took control of Douyin a few days ago, and he is enjoying himself, and now such a thing suddenly happened. What's the matter? ?It is said that Boss Yang has an import and export trading company under his name. Some time ago, they imported and hoarded a lot of electrolytic nickel. What is nickel? You don’t need to know too much, you just need to know that the production of stainless steel and electric vehicle batteries needs to be used. 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 these days, breaking through the historical high of 20,000 meters gold/ton a few days ago. Boss Yang feels that the price of nickel has already At the peak, it should fall back to about 10,000. But the price of the goods he hoarded is relatively high. If it really falls back to about 10,000, he will suffer a huge loss. So he wants to do a hedging in the futures market. In this way For one thing, the futures and spot markets make a profit, and the other loses. If you hedge, you won’t 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 own ability to forcibly raise the price to the current 60,000 meters of gold per ton. This means that for every ton, Boss Yang will lose 40,000 meters of gold. 2 million tons went out, which is a loss of 80 billion meters of gold. A few days ago, he only spent the money on holding Douyin, and now he will lose all of it. Now Boss Yang’s company has spoken and has no money , 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 is asking the state to help him.”
There are not thousands, but hundreds of videos of such financial big Vs expressing similar opinions.
With their help, people all over the country knew that Yang Chen was calculated to have lost 80 billion meters of gold by Glencore.
And this is only the current book loss. There are more than 20 days before the delivery date of the futures transaction. No one can predict how far the price will grow.
But one thing is known, that is, Boss Yang is going to be injured this time, and he is afraid that he will be completely devastated.