I'm in the county town, and you say I'm a big shot?

Chapter 658 "LME Inventory Anomalies!"

Chapter 658 "LME (London Metal Exchange) Inventory Anomalies!"

Fang Qingye took it out and saw that it was Ouyang Shaoqiang from Hong Kong calling. He knew that Ouyang Shaoqiang had an important report to give, but he didn't care about that at the moment.

He immediately rejected the call, put the phone in his pocket, and quickly took his son from the nurse's arms.

I glanced at him; his face was wrinkled, like a little old man.

However, Fang Qingye knew that the baby was born like this, so she didn't think it was too ugly.

Of course, he couldn't hold the child forever, and soon his mother and mother-in-law took him away. At this moment, a nurse pushed out a hospital bed with Bai Ou lying on it.

Fang Qingye quickly went over and gently held his wife's cold hand.

"Where's the baby? Let me see." Bai Ou's voice was a little weak.

The mother-in-law quickly took her grandson and placed him in front of her daughter. Bai Ou looked at him but pouted.

"How can it be so ugly?" After saying that, she turned her head away, not wanting to look anymore.

"You child, you were born this ugly!" Mom scolded.

This was just a minor incident. The nurse took the baby away to clean and care for her, wiping off the vernix caseosa, cutting the umbilical cord, etc., before bringing her back to the ward and placing her next to Bai Ou.

Although the baby was a little ugly, maternal love still made her accept her baby. After struggling to breastfeed, she watched the baby lying beside her, fast asleep, and felt that the baby wasn't so ugly after all.

A private room was prepared for Bai Ou, and her mother and mother-in-law were there to take care of her after childbirth. Fang Qingye then left the room, took out her phone, and called Ouyang Shaoqiang back.

"Ouyang, my wife just gave birth, so I didn't have time to answer," Fang Qingye said.

"Did President Bai have a baby? Is it a boy or a girl?"

"boy."

Congratulations! That's wonderful news!

"Hehe, men and women are the same. Ouyang, what was the matter when you made that phone call?"

"There is an anomaly in LME (London Metal Exchange) inventory!"

According to LME regulations, a global LME inventory report is published daily, including daily inventory changes, total inventory, and registered warehouse receipts (deliverable inventory, which directly affects the liquidity of futures contracts).

Cancelled warehouse receipts: Inventory for which delivery applications have been submitted. This indicates future outbound volume, which can affect short-term price fluctuations, as well as geographical distribution and historical data comparisons.

In addition, a position report is released every Thursday, including daily positions and weekly COT reports, but this data has a certain delay.

Upon hearing Ouyang Shaoqiang mention unusual activity in the inventory, Fang Qingye immediately became alert: "What exactly happened?"

"The increase in inventory is incorrect, indicating that the same batch of goods is being transferred back and forth between different warehouses, creating false inventory data."

"Can we trace it back to the source?"

"It's difficult, but according to our analysis, it's nothing more than Goldman Sachs, UBS, and Red Kite."

"Is this information reliable?" Fang Qingye pressed.

"The intelligence came from LME's intelligence brokers. We paid a lot of money for the intelligence, and our team conducted data analysis and comparison to confirm its accuracy."

So-called intelligence donors, often referred to as "information intermediaries" or "market intelligence service providers," are not government employees but rather "intelligence companies" within the market. They provide their clients with crucial market analysis through their professional knowledge, extensive networks, and advanced technology.

Fang Qingye laughed and said, "It seems that these financial tycoons are actually quite panicked inside, even though they appear aggressive on the outside. Otherwise, they wouldn't have resorted to such despicable means."

"Yes, after all, they are unwilling to hold a large amount of physical goods, as this would tie up their capital, since he is just a speculator rather than a real consumer."

"Okay, keep investigating! Find out exactly how much of the inventory is fabricated! If the amount is huge, we'll detonate it immediately—it'll be a nuclear bomb!"

"Okay." After hanging up Ouyang Shaoqiang's call, Fang Qingye pondered whether to inform Zhu Yun about the matter.

Forget it.

Let's wait until we figure it out completely before making a decision.

Bai Ou was discharged from the hospital after three days and moved directly into Runyuexi Confinement Center in the county town.

Originally, Fang Qingye's parents wanted her to go home and be taken care of by her family, but after discussing it, the young couple decided to go to a postpartum care center where professional staff would take care of her 24 hours a day, making things easier for both sets of parents.

Yuexi Maternity Center is a nationwide chain of high-end service centers, so the prices are naturally higher, with packages ranging from 1 to 3.8 yuan.

Fang Qingye directly ordered a package costing 3.8 yuan, which was no big deal for him.
The Fang family has a new generation; this is a big deal!

Fang Qingye is now very famous in Nanxin County. Not only relatives and friends come to visit, but also some officials. Even the Party Secretary and County Head sent people to visit and offer their condolences. However, the postpartum care center has strict rules on visiting hours and personnel, which reduces disturbances.

Of course, many people congratulated Aoba by phone or text message after hearing the news, and Shi Guangrong called to congratulate him.

"Congratulations on the birth of your son! When are you going to hold the full-month celebration? Don't forget me!"

"I'll never forget you," Fang Qingye said with a smile. "Where are you now? In Shanghai? In Wuyang?"

"Haha, they're all not here. I'm fishing in Liupanshui, Guizhou Province right now."

"Going all that way to fish?"

"Hehe, it's cool here. I'm escaping the heat here. The daytime temperature is only around 20 degrees Celsius. Sitting by the river is so refreshing. Let me tell you, I'm fishing right now! Two crucian carp and three grass carp, each weighing about a pound. Hehe."

Fang Qingye was itching to try it.

I'll go visit sometime when I have time.
After chatting for a few minutes, Shi Guangrong was about to hang up when Fang Qingye suddenly remembered something: "Guangrong, I have something to tell you. I might be trading copper futures."

"Shanghai copper?"

"No, LME copper futures."

"The London Metal Exchange?"

"Yes, this time it's quite difficult, we're going against the market trend." Fang Qingye briefly explained the situation.

On the other end of the phone, Shi Guangrong laughed and said, "Heh, Qingye, you're really going all out, teaming up with the national team to cause trouble? Fine! Just let me know when the time comes, and I'll join in the fun!"

"Okay, I'll let you know when the time comes."

Fang Qingye hung up the phone and smiled. This guy's life is truly leisurely.

Aside from investing in a wind power equipment manufacturing company in Wuyang, he hasn't touched the stock or futures markets. He invests a portion of his funds in relatively stable investments such as government bonds and money market funds, while he runs his own orchid company in Shanghai, living a leisurely life.

Now they've actually gone to Guizhou Province to escape the summer heat!
Fang Qingye was quite envious, thinking that she was still too busy and miserable.
Zhu Yunlai also called Fang Qingye, bringing not only congratulations but also a message.

"President Fang, the 13th China International Copper Forum will be held in Guiyang at the end of the month. It is organized by the China Nonferrous Metals Industry Association. We would like to invite you to attend as the president of Jinghai Bank."

"I?"

"Yes, this meeting will not only discuss the impact of China's 'new normal' economy on the copper industry, but also the strategies for dealing with the current low copper prices. The latter is a closed-door meeting that will be attended by representatives from major copper mining companies, officials from the National Development and Reform Commission, and representatives from investment funds, including CICC. You only need to attend the latter meeting."

"I understand, okay," Fang Qingye agreed.

The meeting was scheduled for July 1st, and Fang Qingye left after holding a full-month celebration for her child in the county town.

Before heading to Guizhou Province, Ouyang Shaoqiang from Hong Kong brought him some surprising news.

(End of this chapter)

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