London. Metal futures trading market!
Due to the time difference, it was already past one in the afternoon when Li Yunbao received the telegram from Hong Kong Island.
According to the trading principles of the futures market here, afternoon trading has begun.
In the morning, Li Yunbao and others experienced for the first time the madness of investors from the old financial empire. Almost as soon as the market opened, the prices of various metals here increased significantly.
The price of steel soared by 2% in less than an hour, while copper and aluminum rose even more, reaching 4% and 5% respectively.
Even so, those investors didn't seem to care at all and were still throwing money at them, frantically acquiring futures contracts of various metals, completely showing off their money-based attitude.
Soon news broke out in the futures market that all investment companies controlled by several major European consortiums had taken action.
Moreover, these large consortiums have the same goal, which is to do long metals in the futures market.
Under this circumstance, the prices of short-term contracts for steel, copper, aluminum, tin, silver and other metals have soared.
arrive? When the market closed in the morning, the price of steel had risen to 183 pounds per ton.
The prices of copper and aluminum are even more exaggerated, rising to 1,386 pounds and 1,258 pounds per ton respectively.
Other types of metals have also experienced very large increases, especially silver, which has increased by 8% in one morning and is still rising.
All in all, the entire London metal futures market seemed to have suddenly entered a violent mode and exploded without warning.
Because today's situation was really incredible, throughout the morning, Li Yunbao and others only took part of the futures orders in small batches, and did not swallow as much as before.
After receiving the news from Li Futiao when he first arrived, Li Yunbao seemed to have taken reassurance. He immediately instructed the operation team to go all out and buy futures contracts of steel, copper and aluminum!
With Li Yunbao's order, Zhang Qiusheng and others no longer had any worries and became crazy.
In order to grab orders from a group of financial giants, they continue to increase the purchase price of futures contracts.
By the time the market closed in the evening, the price of steel had reached 198 pounds per ton, which was a full 32 pounds higher than the 166 pounds per ton when Li Yunbao and others first bought it.
Six o'clock in the evening!
After returning to the suburban manor, everyone ignored the meal and followed Li Yunbao's order to the conference room.
At the main seat, Li Yunbao looked at the tired people and said immediately: "Everyone, it has been 8 days since our team arrived in London today. In the past week, we have quietly snapped up futures of various metals. Contract, everything is going well!”
"But starting from today, a large amount of capital will enter the game. From now on, our actions will have a large number of opponents. Everyone must be mentally prepared for this!"
At this time, Zhang Qiusheng also said: "Today, the price increase of these metals and bulk commodities is a little abnormal. We must find out the reason. If someone is playing tricks, then if we dive in like this, the consequences will be disastrous!"
Li Yunbao glanced at him and said, "We don't need to worry about this issue. All we have to do is strictly implement the order and turn all the funds in hand into futures contracts and spot goods."
"yes!"
"How many contracts have we purchased in total now, and how much money do we still have on hand?" Li Yunbao asked again.
As the person in charge of futures, Zhang Qiusheng immediately said: "So far, we have purchased a total of 780,000 steel contracts, 80,000 copper contracts, and 140,000 aluminum contracts!"
"At the moment, we have consumed a total of 10.1 billion pounds of funds, and there are currently 7.7 billion pounds of funds left, but this only refers to the case where we only pay 10% of the margin. If the situation in the futures market changes, we do not rule out the need to increase Security deposit..."
Before he finished speaking, Li Yunbao said calmly: "We don't need to take care of these. Starting from tomorrow, you will continue to purchase futures contracts, especially steel contracts. As long as the price does not exceed 1 times, don't stop!"
"yes..."
Then, Li Yunbao fixed his gaze on Zhou Xinghua and asked, "Brother Xinghua, how is the situation there?"
Zhou Xinghua immediately said: "The situation here is not very optimistic. Today, several intermediary companies are reacting, saying that there is a large amount of funds in the steel market now, and they are competing for orders with them, so the intermediaries are shouting for help. Increase the price!”
"No problem, we will increase the market price as much as possible, but we must pay attention to those companies that have already signed the contract and break the contract!" Li Yunbao said.
Zhou Xinghua immediately said: "This is unlikely. When we signed the contract with the other party, we specifically agreed on the liability for breach of contract."
"If they breach the contract, the liquidated damages will be much higher than the current increase in steel prices. They will not and dare not do this!"
"That's good!" Li Yunbao said.
Zhou Xinghua said again: "I have contacted many steel merchants here when purchasing spot steel these days, and I discovered some unusual things!"
"whats the matter?"
"I think the rise in metal prices here may be related to the war!" Zhou Xinghua said in a surprising voice.
"War? You mean there's going to be a war here?" Li Yunbao asked with a surprised look on his face.
"It is possible. According to what I have learned, John Bull has a territorial dispute with a country in South America. Now the two sides are at war with each other and the atmosphere is tense. It is not impossible for a war to break out!"
Then Zhou Xinghua continued: "In addition, today a large amount of capital poured into the stock market and futures market, and spot transactions were also affected. I found that these capitals are not only buying steel, but also copper, aluminum, cotton, medicine, oil, etc. , there are indeed various signs that there is a feeling that a war is coming!”
Zhang Qiusheng also echoed: "I feel the same way, but I have been in the futures market these days and have not paid attention to current affairs here, so I don't feel as obvious as Manager Zhou."
Li Yunbao, on the other hand, had a different feeling, one of surprise and joy.
What surprised me was that if Zhou Xinghua and Zhang Qiusheng's inferences were true, the boss and good brother Li Yi had obviously guessed this a long time ago. How did he know that there was going to be a war here.
Fortunately, if the war really breaks out, the prices of these metals and bulk commodities will definitely rise, and if they plan so many days in advance, they will definitely have no problem making money.
Thinking of this, Li Yunbao said in a deep voice: "Let's not talk about this anymore. Whether we are going to fight or not has nothing to do with us. Let's talk about investment first!"
"We will continue to add positions in steel, copper and aluminum in the coming time. Do you have anything else to say?"
Zhang Qiusheng said immediately: "Master, I have something to ask for advice, but..."
"You are the person in charge of futures investment. If you have something to say, say it directly. There is no need to hesitate!" Li Yunbao said.
Zhang Qiusheng nodded, and then said: "Master, our investment this time is divided into two batches of funds, one for the Hong Kong Island side, and one for the local branch."
"The volume of futures contracts is not very sufficient now. Where do we need to prioritize funding?"
With the intelligence of Zhang Qiusheng, a gold medal trader, he has already guessed the source of this huge fund of more than 3 billion pounds. At the same time, he also knows that this investment operation is directed by the investment guru Li Yi behind the scenes.
In addition, he also knew that the company was also prepared to take a share of the pie and had prepared 200 million pounds.
If the contract is sufficient, then of course there will be no problem.
However, with the influx of large amounts of capital, futures contracts have clearly presented a situation where there are more wolves and less meat, so there must be choices.
Li Yunbao obviously understood what he meant, but he said directly without hesitation: "Prioritize the funds on Hong Kong Island. I don't want to say this kind of thing a second time!"
"yes..."
...........
