Rebirth of the Financial Overlord

Vol 5 Chapter 167: Toxic temptation

In the minister's office, Binzhong Tainan hung up the call from the front desk, a trace of doubt and incomprehension flashed in his eyes.

Who is Shen Jiannan?

In the UK financial sector and speculative industry, it's so special that no one does not know it. It broke the Finnish mark, killed the Italian lira, broke the British pound and robbed the Bank of England. The oriental face that hangs on the newspaper every day, in the hearts of speculators all over Europe, there is only one more horn on his head.

Binzhong Tainan didn't expect that Qiu Shan Jiannan is Shen Jiannan who has been in the financial market recently.

How could such an international speculative predator come to Sumitomo?

Two minutes later, full of doubts and suspicions, Binzhong Tainan got up and went to the reception department of the company. When he saw Shen Jiannan's face, he was even more puzzled.

As the front desk said, it was indeed Shen Jiannan.

In newspapers and television, Binzhong Tainan no longer remembers how many times he had seen that face in newspapers and television, and even encountered it once when he went to Canary Wharf by accident.

After all, it was the chief dealer of Sumitomo Trading Co., after the shock, the Binzhong Thai man calmly greeted Shen Jiannan with a unique Japanese etiquette.

Japan is a very exclusive country, especially after determining their own culture and ideas, they are not willing to integrate into any other culture, even if they are abroad, the real Japan will try to maintain the Japanese lifestyle .

The reception room of Sumitomo Corporation is obviously very Japanese.

No dust can be seen on the wooden floor. The only furniture in the huge space is a wooden coffee table and two futons. Others, no foreign objects can be seen.

Very monotonous and simple furnishings.

Sweeping everything in the room, Shen Jiannan's eyes flashed with a rare look of appreciation.

In the business of speculation, every day we float up and down in wealth that ordinary people can't imagine, thinking about heaven and hell, and repeatedly baptizing back and forth. The guy who can survive is either extremely crazy and sensual and unrestrained; or humanity is indifferent and lacking. The awe of life; or, arrogantly, looking down at all beings.

But judging from the layout of the office to the reception room and the information in the intelligence, the guy Binzhong Tainan took the other extreme.

Self-discipline.

The self-discipline is almost like a machine, almost to the point of obsessive-compulsive disorder.

Twenty years as a day, this kind of person's determination is so strong that it is almost impossible to find his weakness.

If you haven't known Binzhong Tainan, no one might have thought that with Binzhong Tainan's current status, he will continue to maintain this self-disciplined lifestyle.

After a simple greeting, the two sides sat cross-legged on the tatami in the reception room, and the secretary who had been waiting for a long time also knelt on one side and soaked tea.

The light tea was full of enthusiasm, and in the smoke and dust of the owl, an elegant fragrance spread over the surface.

With tea, Shen Jiannan opened the conversation like this is his home court.

"Hainaka-kun was surprised."

This is a topic that makes people feel passive when answering, but Binzhong Tainan has no way not to answer. Shen Jiannan’s aura is too strong, that kind of aura, he has only felt it in Sumitomo’s current president, Qiu Shuifu. .

"It was really unexpected. I didn't expect it to be Shen Jun. I don't know if your Excellency is here, what can I advise."

Holding the teacup, the Binzhong Thai man replied cautiously and without being polite.

Asked very cleverly.

Not only has taken back control of the home court, it will not be abrupt.

But Shen Jiannan didn't take it seriously. If Sumitomo cooperates, then cooperate once, if not, then go to death.

"I can't tell you. The European economic recession is the general trend, and the North American market is still in the recovery cycle. I think that the situation in Japan is also very clear. The economic conditions of the world's major markets are very bad. The demand for mineral resources is bound to It will decline further. I don’t know if Sumitomo is interested in taking advantage of this to gain more market share.”

"..."

Haminaka's eyes narrowed involuntarily.

He was considering these things that Shen Jiannan said not long ago.

The European currency is turbulent and capital has been fleeing. I am afraid that for a long time, the European economy will not be able to improve. The same is true in Japan. The local economy has been hit hard, and even Sumitomo consortiums are not allowed to expand the scale of overseas investment.

It is for these combined reasons that the international copper price has been sluggish recently. In just one month, the price of copper has dropped from US$2,549 to US$2,253.

The decline was more than 10%.

This is undoubtedly not a good situation for Sumitomo Metal Industries.

In order to hedge against the loss on the spot, Binzhong Tainan had to increase the size of the short position in the market to resist the losses that the copper price would bring to the company.

But market hedging is not a long-term solution.

Binzhong Tainan feels that if he can control more copper transactions, he can eat both. If the spot price is increased, the profits of the major copper companies controlled by the SSC will not be damaged. Then he will force short positions in the futures market and establish long positions. , It is completely possible to make money together with spot and futures~www.novelmtl.com~ However, there is this idea, that is, in the recent period, Binzhong Tainan has never revealed this idea to anyone, even the group chairman Qiu Shuifu is currently Do not know at all.

He really didn't understand why Shen Jiannan's eyes were so confident and his tone was so affirmative, as if he knew his purpose.

After all, in the market, he experienced many murderous baptisms. Although he was shocked, Binzhong Tainan couldn't see any discoloration on his face. He took a sip from the teacup, and lightly accepted Shen Jiannan's words.

"I don't quite understand what Shen Jun means!"

"Oh. Don't Binzhong-kun think this is a good opportunity. For example, some copper companies with high production costs unfortunately went bankrupt because of the plummeting copper price."

Binzhong Thai man is not a fool, so he can't hear what Shen Jiannan means.

Not all copper companies know how to hedge against risks in the financial market. If copper prices plummet, some small copper companies will inevitably go bankrupt.

And even in the financial market, there is a certain degree of risk hedging. The trading volume of the financial market is there, but the global spot copper transaction is so huge. Once the market plummets and the registered warehouse receipts are not enough for delivery, it will force those large ones. But the high-cost copper company went bankrupt.

At that time, Sumitomo can use this very low price to take advantage of the acquisition of many bankrupt companies to complete the industry reshuffle.

Bang bang bang--

Binzhong's heart jumped wildly involuntarily.

Although he knew that a guy like Shen Jiannan would never kindly offer any advice to Sumitomo, and this temptation may even be poisonous.

"Shen Jun is from Huaxia!"

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