Chapter 391 Copper Prices Soar, Lu Xinyi Shocked
Those who had been closely watching copper prices increased their holdings, causing copper prices to soar.
This is not something that can be suppressed at will.
There are those who are pessimistic and those who are optimistic, and now there is very clear news that copper prices are bound to rise in the short term.
The only questions are how much it will rise and how long it will last.
The price of copper had already fallen for a while, and now the surge is even more dramatic.
The Lu family.
When the secretary rushed into Lu Xinyi's office, the price of copper had already begun to rise.
"Oh no, Miss Lu, the price of copper has gone up! It's an unexpected situation!" The secretary's voice trembled, and she looked extremely anxious.
Lu Xinyi knew something was wrong as soon as she saw her secretary's expression, so she immediately got up and went to her investment department together.
"What's going on?" Lu Xinyi asked her secretary while walking quickly, pointing at the people on the other end of the phone.
"Breaking news: the copper mine in Country G has temporarily suspended production for safety inspections due to a collapse that could no longer be concealed, causing copper prices to soar," the secretary quickly replied.
Production halted!
Lu Xinyi simply couldn't believe it.
She arrived at the department in a few minutes, where everyone was very busy.
"What should we do now?"
"Miss Xinyi, shall we close out our positions?"
"Miss Xinyi, we've already lost all the profits we made before, and now we've even lost our principal. Should we sell?"
"Miss Xinyi..."
Countless people are asking Lu Xinyi.
Lu Xinyi's mind raced.
Copper prices are currently unstoppable, but the current surge is already quite strong. If they withdraw their support, the price will rise even more sharply.
Wouldn't Shi Nian be even more smug then?
What if she continues to suppress them?
Can it be suppressed?
Lu Xinyi was in a dilemma. In the few minutes she was thinking, the price of copper surged again, and her losses increased.
Lu Xinyi's phone kept ringing with calls and messages, many of which were from people who had previously worked with her to suppress copper prices.
Now that they see the momentum is unstoppable, and they're not stupid, they've all sold off their shares.
Some people even sold their shares and then immediately bought more.
These actions led to a faster rate of increase.
After all, copper prices were fine before, and it was only because of their suppression that they kept falling.
"Miss Xinyi, we can't wait any longer, we need to make a decision immediately!" the crowd urged.
But she was not willing to give up.
So Shi Nian got to be so smug?
Before she could make a decision, her secretary's phone rang again, bringing her the latest intelligence.
"What?!" the secretary exclaimed shrilly.
"What's wrong?" Lu Xinyi felt a chill run down her spine.
"We just received news, Miss Lu, that Shi Nian's funds are not in the gold sector, but actually in the copper sector. Moreover, she has been gradually selling off her gold holdings and transferring them to the copper sector over the past few days."
The secretary replied.
Everyone present looked at Lu Xinyi.
Everyone knows that Lu Xinyi suppressed copper prices because of Shi Nian.
Copper prices have been falling for some time due to their actions.
If Shi Nianzhen recently sold his gold and bought copper, then it can be said that he has been continuously adding to his position at prices that are currently at a relatively low point.
The price has risen so much since the news broke, so Shi Nian must be...
Lu Xinyi's teeth were about to be bitten off.
She was furious and glared at her secretary.
She questioned, "Didn't you say it was gold? How come it's copper now?!"
The secretary didn't know what to say.
If Shi Nian could say before that the focus on copper was false information, then now he can say that the focus on gold is false information.
No individual or company is willing to give genuine information to their rivals who are constantly suppressing them.
They're not stupid.
It's true that Shi Nian buys from both sides; it's just a matter of which side he prioritizes.
"Miss Xinyi, we really can't wait any longer!" someone urged quickly.
Several more minutes have passed, and it's still rising.
There are no limits on the extent of price fluctuations in the international market; prices can rise indefinitely.
If prices keep rising over there, they will keep losing money.
Lu Xinyi clenched her fists, staring intently at the ever-rising curve.
Shi Nian's huge funds are all in copper.
no.
That's not right.
Can't!
This small loss is nothing!
This is just her working capital; she has many other assets.
Much of her funds are just temporarily out of liquidity; she can access them when the time is right.
With her blood rushing to her head, Lu Xinyi had almost lost her mind.
"Continue the suppression," Lu Xinyi ordered.
Everyone was looking at her with a strange expression.
"Miss Xinyi, continuing to suppress them now is not a wise move!"
"That's right, Miss Xinyi, you can't hold a grudge!"
"Be rational..."
But Lu Xinyi couldn't listen to it at all.
"I'm the one who makes the decision, and you don't have to take responsibility. Just listen to me!" Lu Xinyi retorted angrily.
The group looked at each other, and finally could only nod and proceed.
But there was nothing they could do; copper prices kept rising, and they could only lose money, and keep losing money.
“Miss Xinyi, we can’t continue like this. We’re already suffering huge losses…” someone advised.
Meanwhile, Lu Xinyi was on the phone raising funds.
"Don't worry about it, just listen to me..."
"Close the position."
Before Lu Xinyi could finish speaking, a voice came from behind.
Everyone looked over and saw Lu Yanzhi sitting in a wheelchair.
As the president, Lu Yanzhi is the one who gives orders to Lu Xinyi, so she will definitely obey Lu Yanzhi.
Everyone breathed a sigh of relief and began to operate.
Stop suppressing copper prices and retreat quickly.
However, because Lu Xinyi invested a considerable amount of money and used leverage, it will take some time for her to fully recover her investment.
Most importantly, they were just cracking down on them, and many more have already gone in, making it even harder for them to get out now.
At this point, Lu Xinyi had already suffered huge losses.
"Brother! This is my department!" Lu Xinyi's voice was full of anger as she roared at Lu Yanzhi, "Are you still going to help her?!"
Lu Yanzhi looked coldly at Lu Xinyi.
“I’m not helping her,” Lu Yanzhi said coldly. “I’m helping you.”
No one else dared to look this way; they just operated silently.
"Calm down and come to my office in ten minutes," Lu Yanzhi said.
Then, he said to Zhou Zhiyu, who was standing behind him, "Keep an eye on this place."
“Yes,” Zhou Zhiyu replied.
Lu Yanzhi maneuvered his wheelchair away, and Zhou Zhiyu smiled at Lu Xinyi.
Lu Xinyi was absolutely furious. She knew that Zhou Zhiyu had taken over the place. She kicked a nearby trash can in anger before leaving with her people.
Zhou Zhiyu watched Lu Xinyi leave, then bent down and straightened the trash can.
"Continue," Zhou Zhiyu said to the group.
Everyone nodded.
They advised Lu Xinyi to retreat from the beginning, but Lu Xinyi herself kept hesitating, and now a lot of time has been wasted.
Lu Xinyi stood in the corridor, with her secretary beside her.
The more Lu Xinyi thought about it, the angrier she became.
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