Tsingshan short squeeze

WebMar 24, 2024 · Xiang had short holdings of over 150,000 tons when the market was halted on March 8, and his business and trading partners held additional large short positions on … WebMar 5, 2024 · Nickel price tumbles on Tsingshan’s news, looking for new ‘balance’ Nickel prices on both the Shanghai Futures Exchange and London Metal Exchange took a bad hit following the news. The SHFE nickel price tumbled on Thursday March 4, with the SHFE March nickel contract closing at 130,320 yuan per tonne on March 4, down by 7,630 yuan …

ShareJunction - Stock Forum Messages

WebMar 13, 2024 · The problem was that Tsingshan’s efforts to buy back the forward contracts triggered a massive short squeeze in nickel on the LME, causing its price to more than … US short-term bond yields have climbed back to pre-GFC levels. The yield on two … INDEX TURNOVER VOLUME; Whole of Market $ 2,671,205,743. Last updated: … WebTsingshan received a financial lifeline to help meet margin calls. It secured bridge loans from banks including JPMorgan Chase & Co. JPM, -2.29% and China Construction Bank Corp. 939, -0.42% ... greet trouble with aspiration https://pamroy.com

Hypercharge: Short Squeeze Sensation or Long-Term Investment ...

WebMar 9, 2024 · The Chinese nickel giant at the center of the action, Tsingshan, received a financial lifeline from banks to help meet margin calls related to $8 billion in paper losses. WebMar 8, 2024 · Nickel doubled in price to hit a record level of US$100,000 per tonne before the London Metal Exchange (LME) decided to suspend trading on Tuesday (March 8). The base metal, used mainly in ... WebMar 9, 2024 · The London Metals Exchange has closed trading in nickel contracts until future notice, and will be cancelling trades from March 8th, 2024, following an … greet two people in maori

FOCUS: Questions arise after Tsingshan announces new nickel …

Category:Nickel Futures Spike Ridiculously, Trading Halted, in Short …

Tags:Tsingshan short squeeze

Tsingshan short squeeze

What

WebMar 15, 2024 · Tsingshan got a margin call for $3 billion, according to Bloomberg, meaning it had exposure to more than 150,000 tonnes of nickel. The problem for Tsingshan was … Webdesc : All abuse reports MUST include:,* src IP,* dest IP (your IP),* dest port,* Accurate date/timestamp and timezone of activity,* Intensity/frequency (short log extracts),* Your contact details (phone and email) Without these we will be unable to identify the correct owner of the IP address at that point in time. Owner

Tsingshan short squeeze

Did you know?

WebApr 10, 2024 · gguy44. My last short squeeze idea, Zynex (), almost doubled over the next three months, after I mentioned the positive technical setup in October here.Below is a chart of the situation, with the ... WebMar 9, 2024 · While the exact scale of Mr Xiang’s losses is unclear, Tsingshan’s short position on the London Metal Exchange is in the region of 100,000 tonnes of nickel, …

WebDuring the so-called standstill agreement reached Monday, Tsingshan said in a statement, the banks will continue talks on a secured lending package that would enable the company to pay the upfront cash it owes banks and brokers, known as margin. Tsingshan said the banks had agreed not to close out positions they hold against the company. WebMar 14, 2024 · The restart of trading -- scheduled for 8 a.m. London time on March 16 -- will cap one of the most dramatic weeks in metals-market history that has plunged the entire …

WebBut while the short squeeze has weighed on Tsingshan’s short-term cash flows, strong nickel prices are to its advantage in the long run. WebMar 15, 2024 · China's Tsingshan group, the company in the center of a historic short squeeze on the London Metal Exchange in the week to March 11, said March 15 that it …

Web1 day ago · Coinbase, AMC, GameStop and 15 Other Stocks at Risk of Short Squeezes. By. Al Root. April 13, 2024 2:20 pm ET. Order Reprints. Print Article. The stock market might …

WebMar 9, 2024 · A short squeeze has left Chinese metal giant Tsingshan facing billions in trading losses. greet us beautiful finlandWebMar 10, 2024 · The biggest loser was Tsingshan Holding Group, the world’s largest nickel producer, which built the largest short position in the metal. According to a report by The Wall Street Journal, at Monday’s price, the company is losing $8 billion. Tsingshan could not be reached for comment. greet two people in emailWeb1 day ago · Coinbase, AMC, GameStop and 15 Other Stocks at Risk of Short Squeezes. By. Al Root. April 13, 2024 2:20 pm ET. Order Reprints. Print Article. The stock market might feel like it is range bound ... greet wallaysWebMar 21, 2024 · A “short squeeze” occurs when other investors bet against that short by buying the asset. When a squeeze works, ... But when Tsingshan made its bet that nickel prices would drop, ... greet warmly crosswordWebJul 7, 2024 · Massive Short Squeeze. Xiang had built up his massive short position in late 2024 and early 2024 partly as a hedge, partly as a bet that a planned jump in Tsingshan’s … greetwell closeWebMar 13, 2024 · triggered a massive short squeeze Bid to avoid default It suspended nickel trading on Tuesday and cancelled all trades carried earlier in the day, before the freeze … gree turbo 1 tonWebDavid Ashley Southern,. FCIArb, LL.M’S Post David Ashley Southern,. FCIArb, LL.M International Arbitration Barrister and Business Lawyer greetwell fields persimmon