Rebirth in Hong Kong: Rising from Acquiring the Audi Factory

Protagonist: Bao Junyi

【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】

Bao Junyi arrives in 1972.

Bao Junyi transmig...

Chapter 389: All-out counterattack, Wall Street was stunned

Now, under the operation of Miracle Group, the 0228 iron ore futures have reversed the bulls and bears, with the bulls showing a strong trend, directly breaking through the barriers set by the bears in one fell swoop, and the prices have soared all the way.

19.42...19.48...19.51...19.54......

19.60...

Yuan Tianfan looked at the trend of international iron ore futures and a long-lost smile appeared on his face.

"Mr. Yuan, there is an unknown fund coming in."

Suddenly, a voice came from beside Yuan Tianfan.

"Oh, have you found out which force it is?"

The transaction manager shook his head and said, "Mr. Yuan, we haven't found anything."

"They have multiple funding channels, and they are very dispersed, as if they are deliberately trying to evade our investigation."

Yuan Tianfan was disdainful. With ample ammunition at his disposal, he confidently said, "Humph! They're just some underground rats. Do they want to come out and pick peaches?"

"Arrange a few people to keep a close eye on them and buy up any short positions they throw out immediately."

"Yes! Mr. Yuan."

...

at the same time.

Located in the conference room of the Morgan Stanley Building on Wall Street.

"Smith, didn't you say that Miracle Group didn't have much funds?"

"What's going on now? The $5.5 billion we raised is almost gone, and they're still resisting."

"Is there even capital launching a fierce attack now?" Jonathan from Goldman Sachs asked in return.

The Hunter brothers said with dark faces: "Smith, we squeezed out that money by selling our property."

"If we suffer a serious loss this time, our Hunter family will go bankrupt, and there will be a tsunami in the international silver market."

"You must think of a way to help our family."

Smith's face turned grim as he explained, "Guys, this can't be Miracle Group's funds."

"You do the math. They've invested over 12 billion US dollars in it, plus the group's operating expenses. Where do they even have that much money?"

"Someone must be helping him with all this!"

Qiao Zhi Soros's face was gloomy, and he asked, "Then who is helping him?"

"I just did a preliminary calculation. This wave of funds has been pouring in large amounts of money. And it's obvious that they are wealthy."

"There are only a few companies in the international arena that have this kind of strength and a good relationship with Miracle Group right now."

Peter Lynch of Fidelity Investments asked curiously, "Soros, which ones?"

"China, the Bear Country, and Iraq."

Smith thought, China is impossible, they are now seriously short of foreign exchange and have no extra funds. Iraq is even more impossible, they have just ended the war and need funds for recovery and construction everywhere.

As for the Bear Country, it seems that this is possible and the most reasonable.

Smith said with a firm look in his eyes: "It should be the Bear Country."

"After all, Miracle Group has close trade ties with the Bear Country every year, and short-term borrowing is not impossible."

The Hunter brothers cursed: "Fuck! Damn the country of the bear."

"Why the hell do you want to get involved in everything?"

Qiao Zhi Soros, Peter Linqi, Jonathan and others all looked very unhappy.

Smith continued: "Don't lose heart, guys."

"Even if they can borrow funds from the Bear Country, it won't be a lot, so..."

“Crack!”

Suddenly, the office door was pushed open and someone rushed in, shouting anxiously.

"Mr. Smith, something bad has happened."

"0228 iron ore futures bulls are about to break through the $19.70/ton level. We can no longer hold on."

The helmsmen present were shocked and said, "What?!"

"How did it reach $19.70 per ton, a crucial level, so quickly?"

The trading manager asked anxiously, "What should we do now?"

"We only have a little over $100 million left, so even if we throw it in, it won't make a big splash."

"Moreover, now that the bulls are strong, international hot money and some sovereign funds have also joined in, hoping to grab a piece of the pie."

Everyone at the scene looked solemn; they knew they couldn't delay any longer.

Jonathan from Goldman Sachs said: "It seems that now we can only ask the Commodity Futures Trading Commission (CFTC) for help."

"If we delay any further, the losses will be even greater, so we must restrict them."

Qiao Zhi Soros stood up and said, "I agree. We should restrict trading through measures introduced from above."

"It's a pity that with such a great opportunity, I can earn less now. I can just look for opportunities in the future."

Jonathan looked towards the other doors and asked, "Are you guys here?"

The others looked at each other and said helplessly, "We agree too."

"Very good, then let's all get moving and use our connections to put pressure on the Futures Trading Commission as soon as possible."

"Otherwise, with the current situation of 0228 futures, it may soon break through US$20.00 per ton." Jonathan said quickly.

Now everyone nodded and left in a hurry.

...

afternoon.

Financial institutions around the world are paying close attention to the strong trend of 0228 futures.

They had no idea that in just one morning, the 0228 iron ore futures contract would surge from $19.40 all the way up to $19.50, $19.60, and $19.70...

Moreover, it has now reached the important level of US$20.00 per ton.

However, the short side held on tightly, but only held out for 5 minutes before being smashed by a long contract.

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