Chapter 843: A Chaotic Battle Situation

Although he asked this question, Sumitomo Keigo knew very well in his heart that the purpose of Kazuya Fukuhara must be related to copper futures and aluminum futures.

As the head of Sumitomo Corporation and an elite who single-handedly built Sumitomo Corporation into a comprehensive trading company, it is difficult for Keigo Sumitomo to not know the changes in the island nation's metal futures market.

More than ten years ago, against the backdrop of the island nation's high economic growth and internationalisation, the commodities handled by Sumitomo Corporation were gradually expanded to include steel, non-ferrous metals, electricity and electronic products, machinery, agricultural and aquatic products, chemicals, fibre products, natural resources and real estate, etc., especially in the metal futures market, where Sumitomo Corporation was very active.

In 1970, Sumitomo Corporation entered the London Metal Exchange, and with the Sumitomo Foundation's experience and layout in the non-ferrous metal market, Sumitomo Corporation's influence in the global copper market is growing.

These days, the Jiuding Fund, the futures department of Sanwa Bank, and Kazuya Fukuhara's Yonghe Fund are all long copper futures and aluminum futures on the Tokyo Commodity Exchange, and the scale is getting bigger and bigger, which has long attracted the attention of many financial giants.

He was still investigating the specific situation, and he didn't expect Kazuya Fukuhara to take the initiative to invite him. This was interesting.

'Sumitomo-kun, I won't beat around the bush. I came here to share the feast with you!'

Kazuya Fukuhara smiled with a sincere face.

Keigo Sumitomo raised his bushy eyebrows, looked at Kazuya Fukuhara with interest, and laughed, 'Please go on.'

Kazuya Fukuhara felt relieved, took a sip of rice wine, waved away the serving girl, and when he made sure the door was closed, he lowered his voice and slowly said the prepared speech he had prepared in his heart: 'Sumitomo-kun, since World War II, our the major island conglomerates have been dismembered by the British and American devils. Although they have been re-integrated over the years and are rapidly recovering thanks to our country's ever-strengthening economic power, our influence is still small on a global scale, and we are discriminated against in many places.'

Hearing this, Keigo Sumitomo nodded in deep agreement. Over the years, he has led Sumitomo Trading to do business internationally, but he has not been spared from targeting and discrimination.

Many times, Sumitomo Trading is stronger than many companies, but it is still looked down upon by arrogant white people.

Keigo Sumitomo knows where the crux of the problem lies, but the dissatisfaction and anger in his heart will not go away. Instead, it constantly motivates him to work hard to grow Sumitomo Trading.

'Now, it's time to make our voice heard!'

'At present, I have already cooperated with the Milky Way Fund and am currently trading copper and aluminium futures around the world. We have already gained an advantage. With Sumitomo's strength, as long as we join in, victory will be ours. For Sumitomo, the benefits are also very obvious, and it will greatly increase its influence in the copper and aluminium markets.'

'Of course, it will also greatly enhance your reputation. I think as long as you achieve enough, the head family cannot stop your progress.'

At the end, Kazuya Fukuhara gave Keigo Sumitomo a knowing smile.

Keigo Sumitomo's mouth slightly raised, and then disappeared.

The reason why Kazuya Fukuhara said the last sentence to Keigo Sumitomo was because of Keigo Sumitomo's identity.

Although he also has the surname Sumitomo, he is a member of a branch of the Sumitomo family, not the head family.

However, because Sumitomo Keigo is so capable, he has stood out from the branch family and is now in charge of one of the core companies of the Sumitomo Foundation, as well as Sumitomo Corporation, one of the four largest trading companies in the island country.

At present, Sumitomo Keigo can be said to be the most outstanding member of the many branch families of the Sumitomo family, and he is the leader of his family.

What there is no shortage of in a large family is competition, and competition between the main and branch lines is a situation that has existed forever.

The stronger the family's strength, the greater the benefit to the main line, but the main line is afraid that the side lines will become too powerful and threaten their dominant position in the family, or even that the position will be reversed.

But the Sumitomo family is at least a family with a history of more than 300 years. The founder of the Sumitomo family had a long-term vision and established a family precept early on. The family precept stipulates that internal competition within the family can exist, but it must be benign and cannot become a vicious struggle. For the long-term development of the family, if the main branch is not as good as the side branch, the person in charge of the family can be replaced.

Therefore, in each generation of the Sumitomo family, there are many collateral branches that try to use their great contributions to gradually lead their branch to dominate the family. The current head of the Sumitomo family also came from a collateral branch, setting a precedent.

Fukuhara also knows very well that Keigo Sumitomo has ideas about the position of head of the Sumitomo family. He is also the most promising of the current collateral branches of the Sumitomo family. Although the hope is still very small at the moment, after all, his contributions to the Sumitomo family are not enough to convince others.

But as long as he accumulates a little bit of merit and influence, it is ultimately possible!

'Fukuhara-kun, as far as I know, the short sellers in the United States have already entered the market, including Phillip Brothers and Salomon Brothers. And the latest news shows that the British Baring Bank has already started short selling on a large scale. Are you sure that the Galaxy Fund can withstand it?'

Keigo Sumitomo pondered for a long time before solemnly asking.

Kazuya Fukuhara's eyes flashed with surprise. He really didn't know that the British bank Barclays had also entered the market, but thinking that Sumitomo Corporation already had a branch in London, the news should be correct.

Although there are many giants on the short side, Fukuhara Kazuya is full of confidence in Xia Yu. In his opinion, Sumitomo Keigo's words are nothing more than a sign of his lack of understanding of Xia Yu and the Jiuding consortium.

He said confidently, 'Sumitomo-kun, you can rest assured. If I didn't have a sure win, I wouldn't have joined. You are also better informed than I am, and you should know that the short side and the long side are still evenly matched. This shows the strength of the Milky Way Fund.'

'As long as you join us, with Sumitomo Corporation's position in the global copper market, the balance of victory will definitely tilt completely in our favour!'

Keigo Sumitomo pondered for a moment, then nodded with a smile, 'Yoshi!'

'Since the Chinese dare to clash with the British and American devils, how can the Japanese people lag behind!'

'It's about time we showed those white people the strength of Asians, so they stop looking at us with discriminatory eyes!'

'Fukuhara-kun, it's been a pleasure working with you!'

'Sumitomo-kun, it's been a pleasure working with you!'

'Hahaha...'

After laughing, Kazuya Fukuhara asked again, 'Sumitomo-kun, when are you planning to make your move? It would be good if we could prepare ourselves.'

'Well...you also need to give me time to prepare. How about this, in two days, I'll arrange for someone to make the move!'

...

After Sumitomo Corporation agreed to join, it immediately took action in the copper and aluminium futures markets.

In this way, the Sumitomo and Sanwa consortia both went long on copper and aluminium futures. Although the other four consortia were concerned, they would not engage in head-on conflict for the sake of some profit. As for the financial companies outside the other six consortia, they did not have the courage or strength to go against the two consortia at the same time. Therefore, the prices of aluminium and copper futures in the island country soared.

Two days later, after learning about the latest developments in the war, Keigo Sumitomo gained a lot of confidence in the Galaxy Fund. He then called the person in charge of the metals trading department of Sumitomo Corporation's London branch and joined the long camp.

George Berkeley, who was closely monitoring the battlefield, called Xia Yu and received orders to launch a major offensive. He then gathered the relevant operators to deploy the task and launched a major offensive.

What's more, George Berkeley also instructed his media outlets, including the Financial Times Group and the Mirror Group, to publish news that justifies a short-term bullish outlook for copper and aluminium futures.

Unaware of the situation, the Bank of Bahrain was suddenly beaten back in the fierce offensive. The person in charge of futures at the Bank of Bahrain was so scared that he immediately invested a large amount of money to increase short selling.

For a time, wars broke out in many places in the global copper and aluminium futures markets, and the market became chaotic.