Chapter 571 Mr. Hammer

During the 1930s and World War II, some politically influential monopoly groups became the main followers of Japanese imperialism, and the Sumitomo Foundation was no exception.

During this period, the family concentration of the Sumitomo consortium became more obvious, and most of the consortium's industries were concentrated in the hands of the Sumitomo family.

Among them, Sumitomo Group has mastered copper resources for centuries.

After Japan's defeat, various chaebols disintegrated and reorganized into conglomerates under the restrictions of the United States, and the influence of the Sumitomo family in Japan's political economy was also greatly weakened. However, with the recovery of the Japanese economy after the war, the Sumitomo Foundation made a comeback and grew stronger day by day.

Since then, Sumitomo Trading Co., Ltd. has more extensively participated in international trade activities in the fields of metals, machinery, petroleum, chemicals, food and textiles, and has become the core enterprise of the Sumitomo Foundation and one of the four major traders in Japan.

How strong is such a Sumitomo?

In 1991 alone, Sumitomo's total global sales reached more than 120 billion US dollars, which was more than the total GDP of the entire country of China.

And Binzhong Tainan is the chief trader of the non-ferrous metal trading department of Sumitomo Trading Co., Ltd.

This guy has two very intriguing nicknames, one is "Mr. Five Percent" and the other is "Hammer". The former is a respectful name for his ability by people in the circle, while the latter is a portrayal of his character.

People in the circle call him "Mr. Five Percent" because the Nonferrous Metals Trading Department of Sumitomo Corporation led by Yasuo Hamaka controls as much as five percent of the global copper trading volume. It can be seen that Hamanaka Tainan's outstanding record in international copper futures trading also reflects the significant impact that Sumitomo's trading decisions on this can have on the international steel market.

"Hammer" is derived from Yasuo hamanaka, the English translation of Yasuo Hamanaka, because the pronunciation of Yasuo Hamanaka in English is very similar to "hammer". But the reason why this nickname can be called is mainly because it reflects the hammer-like hard character of Hamanaka Tainan in the transaction.

It can be said that it is this resolute character that contributed to his unshakable position in the non-ferrous metal market.

London Financial District, Sumitomo Corporation Nonferrous Metals Market Trading Department.

As the phone rang, Binzhong Yasuan put down the teacup in his hand and picked up the phone on the table.

"Tainan-sama is always nice. I'm Jun'an Okamoto. I haven't contacted you for a while. I'm really sorry."

"Oh. Okamoto-kun. I haven't seen you for a long time. It's been good recently. It's really surprising how you suddenly thought of calling me."

"Thank you, Mr. Tainan, for your concern! That's it. I'm working at the First Industrial Co., Ltd., and someone asked me to ask. I don't know if you have time recently. He wants to do a big business with you."

Big business?

Bin Zhongtai Nan couldn't help laughing.

It's not that he looks down on this former subordinate, in fact, there are not many things that can be regarded as big business by him.

You must know that the total size of Sumitomo Corporation’s financial asset positions in London has reached 5% of the global trading volume, but this is only the size of financial assets. In fact, in many mining companies around the world, Sumitomo Group is a shareholder one. It controls the No. 2 mine of Qingling Copper Mine in Peru, Morency Copper Mine Company, the largest open-pit copper mine in the United States, Grasberg Copper Mine controlled by Freeport, Chuquicamata and Escondida in Chile, and the latter is the world's largest copper mining company.

Yangxie Manufacturing is the predecessor of Daiichi Industry Co., Ltd. Although it has expanded rapidly in the past year or so after new capital injection, the main orders are still some orders from Kawasaki and Osaka Metal Works. In the first half of this year, Daiichi Industry Co., Ltd. will start from The raw materials that Sumitomo bought were only 20 million US dollars.

As the largest trader of Sumitomo Corporation, Binzhong Tainan does not think that an outsourcing company can cooperate with him in any big business.

However, Hamanaka Yasuan didn't mean to be sarcastic, Okamoto Jun'an was considered his junior, if he could support him, he would not hesitate to take a chance.

Picking up the tea on the table and tasting it, Hamanaka Tainan changed a comfortable posture and asked, "Oh. Is it your boss Koji Yasuhiro who wants to see me?"

"No. It's Mr. Akiyama Kennan, the boss of my boss, Mr. Anhui."

Bin Zhongtai was taken aback while holding the phone. As the chief trader of non-ferrous metals at Sumitomo Commercial, he knew or knew more or less famous people in Japan.

But he had never heard of this kind of Qiushan Jiannan.

"Why does he want to see me?"

"Mr. An Hui told me that Mr. Akiyama wants to discuss with you the share of copper futures in the London market. By the way, Mr. Akiyama is in London now."

Nani?

All cats and dogs want to come and discuss with me the share of futures copper!

Binzhong Tainan couldn't help but feel a little ridiculous.

"Okamoto-kun, for your sake, I can give this Akiyama Kennan fifteen minutes. What do you think?"

"Thank you so much sir!"

"Oh. It's okay. The weather in China should be pretty good right now."

"Yes. The sun is very strong, and the temperature is still very high. Compared with London, it is still more comfortable in China."

"."

Canary Wharf is not too far from the financial district. Modern buildings and historical architectural styles can be seen everywhere along the way. These buildings are intertwined and accompanied by the crowds coming and going on the street, presenting a unique style. Charm.

As the car drove steadily, Shen Jiannan put down the information sent by the intelligence department, and a faint light flickered in his dark eyes.

In 1970, Hamanaka Yasuo, who was only 22 years old, joined Sumitomo Corporation.

By the end of the 1970s, Hamanaka Yasuo went to the London Metal Exchange to participate in metal futures trading. At that time, he mainly traded tin and nickel futures contracts.

At the beginning, he was not famous, just an ordinary employee. But in just a few years, Binzhong Tainan began to show his talent in trading.

In 1983, his trading volume on London copper reached 10,000 tons per year. In the early years, he already had a place among the major international copper futures companies, and it was at this time that "Mr. Five Percent" and "Hammer" were called out.

This is extremely unusual.

The risks in the financial market are so high that they are no different from the battlefield, and on the battlefield, anyone who survives and advances is a well-deserved genius.

Not everyone is the lucky guy like Washington, the founding father of the United States. Every time he is about to die, his superior will die on the battlefield, and he will become the biggest winner by killing everyone.

It is obvious that Hamanaka Tainan is not only relying on luck to get to where he is today. This Mr. Hammer has been able to maintain his position in Sumitomo for 20 years, which shows his strength.

You know, Japanese trading houses usually adjust their traders every two to three years.

"How could it be him?"