Chapter 1096: Short-Seller Luring Long-Sellers

Although Huang Haide and Alice hadn't met, they had talked on the phone a few times before, so they weren't strangers.

"Hello, Director Huang, this is Alice. The raw sugar futures are very abnormal right now. I suspect it's short-sellers luring long-sellers, so I've decided to close the position and go short."

Huang Haide's solemn expression suddenly became much more relaxed, and a smile appeared on his face.

"I was thinking the same thing."

"Good!" Alice said. "Half an hour later, we will clear our positions simultaneously."

Huang Haide agreed and hung up the phone. Zhou Andong said, "Contact the Sugar King and communicate with him."

"I'll make the call." Yuan Wanqi grabbed the phone and quickly dialed a string of numbers.

………………

Singapore. The Sugar King was in his office looking at the documents in his hand. He hadn't invested much in raw sugar, so he hadn't been paying attention to the futures market.

"Ding ling..."

The phone on the desk rang. The Sugar King's eyes still hadn't left the document, but his outstretched hand grabbed the phone very accurately.

"Hello, this is Guo Qizheng."

"Old Guo, this is Yuan Wanqi. Have you noticed the raw sugar futures?"

Guo Qizheng looked up. "No."

Yuan Wanqi said, "The rise in raw sugar prices is not very normal. We suspect there is short-seller luring long-sellers, so we have decided to close the position and go short."

Guo Qizheng's expression changed. Even if he hadn't invested much, it was still several million US dollars.

Such a big change had occurred in raw sugar futures, and he hadn't received a report from below.

"I understand. When are you closing the position?"

Yuan Wanqi said, "Half an hour later."

"Good, I will arrange it immediately." Guo Qizheng looked up at the clock and stood up, walking out quickly.

Before buying raw sugar, his prediction was that the sugar price in the international market would rise by about 25%-35%.

When he arrived at the financial company on the 18th floor of the Guo Building, he learned that the raw sugar price had risen from the original 105 pounds per ton to 217 pounds.

Especially today, in less than three hours, it had risen by 5 pounds. It was truly terrifying.

"Chairman!"

A middle-aged man saw Guo Qizheng and hurriedly greeted him.

Guo Qizheng said in a deep voice, "The rise in raw sugar prices is very abnormal. Did you not discover the problem?"

The middle-aged man nodded. "I discovered it, but I think the problem is not big. It should be the market maker testing the retail investors' willingness to chase highs, adopting a strategy of high opening followed by volume-driven pulling to observe."

Guo Qizheng said, "I just received a call from the General Manager of Qiudongfang in Xiangjiang. Their analysis is completely opposite to yours; it is short-seller luring long-sellers."

"Impossible!" The middle-aged man said very affirmatively. "So much capital has entered the market to go long on raw sugar. Who has the guts to go short and lure long-sellers? They are simply tired of living."

Guo Qizheng's heart wavered a bit. The middle-aged man's analysis wasn't without reason. But thinking of the Jian International behind Qiudongfang, and thinking that Zhou Andong had invested nearly $300 million, he immediately dismissed his doubts.

"Twenty minutes later, close the position and go short."

"What?" The middle-aged man was a bit anxious. "Chairman, doing this is too risky. If there isn't someone short-selling to lure long-sellers, we might lose everything."

Guo Qizheng waved his hand. "Do as I say."

The middle-aged man wanted to say something else, but seeing Guo Qizheng's expression, he knew that whatever he said would be useless, and he sighed to himself.

He gave the order to close the position and go short in twenty minutes, and also prepared to accept the worst result.

………………

Xiangjiang, Emperor Financial Company!

Kerton, the former owner of the British Golden Bull Private Equity Fund, had established this Emperor Financial Company half a year ago.

And Green, who had been kicked and crippled by Jian Qiu, had become Kerton's capable assistant.

"Eat, as long as there is a sell order, we will eat it up."

Green's face was flushed with excitement. Having become half a woman, his voice had even become a bit thin.

"Boss, this raw sugar futures is the first battle since our company was established. I will definitely fight a beautiful victory to offer as a gift to the company."

Kerton looked at the curve on the computer screen with a solemn expression. "Green, don't you think the rise of raw sugar is a bit abnormal?"

"I discovered it, but it's not abnormal; it's too normal."

Green's face showed a powerful, confident smile. "This is the market maker testing the retail investors' willingness to chase highs, adopting a strategy of high opening followed by volume-driven pulling to observe. Don't worry, Boss, this time, we will definitely earn back all the money lost in the pound stock market crash."

Kerton looked at a young man of Chinese descent. "Liu, what is your view?"

The young man surnamed Liu glanced at Green and hesitated before saying, "I have a different view from Director Green."

As soon as his words fell, he felt Green's gloomy gaze looking at him.

The young man surnamed Liu gritted his teeth secretly. "This shouldn't be the market maker testing the retail investors' willingness to chase highs, but rather short-sellers luring long-sellers."

"Fart!" Green said somewhat excitedly. "Do you know that what you're saying is very irresponsible?"

The young man surnamed Liu sneered in his heart, but didn't speak anymore.

Anyway, he had said what he should say. If it were short-sellers luring long-sellers, then in the future, he would definitely carry more weight in the boss's heart than Green.

If it were really the market maker testing the retail investors' willingness to chase highs, he wouldn't lose anything either.

Kerton looked at the computer screen, his brow furrowing tighter and tighter. He was weighing the words of the young man surnamed Liu and Green.

"Boss!"

Green was a bit anxious. He couldn't even be a man anymore; he absolutely couldn't allow his power to be challenged.

"Liu is just a newcomer who just entered the industry. How could he see clearly? Don't listen to his nonsense. If you listen to him and make the wrong decision, our hard-founded company might collapse again."

Kerton felt that what Green said made a lot of sense, and according to his analysis, the possibility of the market maker testing the retail investors' willingness to chase highs was greater.

Thinking of this, a relaxed smile appeared on Kerton's face.

"Green, you are my most capable assistant. You came to Xiangjiang with me from the UK; how could I not believe you? Besides, my analysis is the same as yours."

A smile appeared on Green's face, and then he looked at the young man surnamed Liu, sneering in his heart.

After this mission is over, I'll make you get out immediately.

"Boss!" A blond, blue-eyed foreigner exclaimed. "A large number of pending orders have appeared."

"What are you shouting for?" Although he said that, Green was still very polite to the foreigner. "No matter how many pending orders, eat them all up."

Kerton also nodded. "Our funds are very abundant. Eat as much as there is, until we can't eat anymore."

The sound of tapping on the keyboard sounded like the crisp sound of coins to Green and Kerton's ears.

As time passed, with less than half an hour until the noon market close, the foreigner suddenly shouted.

"Boss, the situation is not quite right." ===== CHAPTER 1097 =====