First of all, let's explain some related concepts, which is helpful to understand the article. The first concept, futures. Futures refers to orders that are put forward in advance and sold before the delivery time. Simply put, it is a bit like the pre-sale of Taobao. Then there is the second knowledge point, Niu Xiong. The bulls are buyers, so we should be optimistic about this batch of products and place an order in advance. A short seller is a seller. Generally, short sellers are not optimistic about products, so buying and selling are guaranteed.
After understanding the concept, we formally turned our attention to this question, why China enterprises were attacked by capital. Because China companies like short selling, they all want to lock in profits in advance. Take Qingshan Holdings as an example. Nickel in Qingshan is sold at a price of 30,000 tons. The price of nickel has gone up, and at most, it has earned a little less. Of course, if nickel falls, there is no doubt that this decision will make Qingshan Holdings break even. You can compare this to the behavior of plucking hair from a tiger's head.
Capital preservation is very common in the futures market, but China enterprises have been hit repeatedly because of product mismatch. Qingshan Group mainly produces ferronickel, but this is not a product of the exchange. Therefore, Qingshan Holdings must be replaced by others. Once the replacement goes wrong, then Qingshan Holdings will definitely be finished. Capitalists seized this point and kept speculating high prices two days before the futures delivery date. The purpose is to let the bulls close their positions and speculate at high prices, let the bears pay the deposit and lock up the cash flow of the bears.
For capital, this is also a game of psychological quality. After all, if you didn't die, I would be hurt. But the essence of accusation is a trap set by developed countries to curb the development of developing countries. Facts have proved that you can only hope on yourself and don't think about relying on others.