Business
Chinese Tycoon Behind Big Nickel Short Faces Billions in Losses
The Chinese tycoon, known as “Big Shot” in commodities circles is said to be facing billions of losses, after building this massive short position in nickel, only to see prices surge. Bloomberg’s Stephen Engle reports on “Bloomberg Markets: China Open.”
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
source
Bridgewater Associates Founder Ray Dalio says the debt burden has passed a “point of no return.” He speaks with Bloomberg’s Dani Burger at the Forbes Iconoclast Summit in New York City about the bond market, a weaker dollar driving gold demand, and AI bubble concerns.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
The biggest names in tech, led by Nvidia’s Jensen Huang, descended on Computex in Taiwan to unveil the next generation of AI infrastructure and global hardware innovations. Stephen Engle gives an inside look.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
US equity-index futures declined along with Asian stocks as enthusiasm for the artificial-intelligence trade cooled after driving markets to record highs this year.
Futures contracts for the Nasdaq 100 Index dropped 1%, indicating a third day of losses for the gauge as investors rotated out of tech stocks. MSCI’s Asian equities gauge fell 1.6%. South Korea’s Kospi — the world’s best-performing gauge this year and a bellwether for AI investments — slid 5.3%, with chipmaker SK Hynix Inc. tumbling 8.9%.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade – 6/5/2026
00:01:16 – AI Rally Cools
00:03:16 – SpaceX
00:04:54 – US Jobs Report Looms
00:07:13 – Daybook
00:10:42 – Progress Stalls in Iran Talks
00:14:08 – Global Stocks Fall as AI Momentum Cools
00:22:02 – Need To Know
00:25:20 – Roundtable: Schroders’ Remi Olu-Pitan & Schonfeld’s Colin Lancaster
00:39:21 – Mega IPO Fast Index Entry Denied
00:43:24 – Stocks To Watch
00:48:01 – The Market Open
00:50:00 – Goldman Sachs Christian Mueller-Glissmann
00:59:22 – Core 6 & Early Morning Movers
01:03:01 – Korea Loses Pace
01:18:49 – Tension in Private Credit
01:28:00 – Zelenskyy Proposes Peace Talks
01:30:10 – What Investors Need To Know
01:35:07 – Weekend Teaser
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Business
US, Iran Exchange Strikes; Trump Plans New Tariffs | Horizons Middle East & Africa 6/3/2026
US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in Iran in response. The exchange followed days of Israeli military escalation against Iran-backed Hezbollah in Lebanon, prompting a phone call between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. Also on the show: Trump proposes new levies of at least 10% to rebuild tariff wall; SpaceX reportedly seeks $75 billion in IPO at $135 per share; Ghana’s Finance Minister says government plans reforms of state-owned enterprises; Oil extends advance as US-Iran peace talk progress stalls; Kenya ordered to disclose details of Ebola center deal with US; Turkey expects Trump to attend NATO Summit. Guests include: Alan Higgins, KFH Private CIO; Sara Vakhshouri, SVB Energy International President & Founder.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:02:40 – Trump proposes new levies of at least 10%
00:05:53 – US and Iran exchange strikes
00:08:26 – Alan Higgins, KFH Private CIO
00:14:34 – SpaceX IPO plans
00:27:44 – Sara Vakhshouri, SVB Energy International President & Founder
00:36:35 – Kenya ordered to disclose details of Ebola center deal with US
00:41:31 – Trump expected to attend NATO summit in Ankara in July
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Ethiopian Prime Minister Abiy Ahmed looks set to secure another five-year term following Monday’s elections, extending a tenure initially marked by sweeping reforms and later marred by civil conflict and rising regional tensions. Bloomberg’s Jennifer Zabasajja reports.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
-
Other2 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other2 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food2 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics2 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other2 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News2 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Sports2 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other2 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Other2 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics2 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@sureshrajpurohit5072
January 30, 2024 at 3:38 pm
I am nickel buyer anyone else in to bussiness?
@jaktsetter5128
January 30, 2024 at 3:38 pm
JP Morgan play dirty here too with their own customers money. LME is protecting JP Morgan from going bankrupt, it why they closed the market!
@triggercarlson5652
January 30, 2024 at 3:38 pm
Bloomberg you forgot to mention JP.MORGAN STRIKES THE METAL MARKET AGAIN. SILVER WASN'T ENOUGH HAD TO RUN SHORTS AND GET CALLED ON IT AND NOW JP.MORGAN OWES BILLIONS
@triggercarlson5652
January 30, 2024 at 3:38 pm
ALWAYS IF THEIRS A METAL SCANDAL OF THE METAL MARKETS ITS JP.MORGAN
@triggercarlson5652
January 30, 2024 at 3:38 pm
JP.MORGAN ALWAYS TRYING TO CONTROL AND RIG THE PRICES OF THE METAL MARKETS.
@triggercarlson5652
January 30, 2024 at 3:38 pm
JP.MORGAN JUST GOT BUSTED PUTTING THEIR OH STINKY POOP BUTT HANDS IN THE NICKEL JAR AND NOW OWES BILLIONS AND BILLIONS OF DOLLARS ON THEIR OVER THE COUNTER DEALS WITH THE CHINESE NICKEL COMPANIES
@triggercarlson5652
January 30, 2024 at 3:38 pm
JP.MORGAN IS IN BIG BIG TROUBLE… TAPPING DOWN SILVER AND CONTROL IT WASN'T ENOUGH BUT JP.MORGAN HAND TO PUT THEIR STINKY POOP BUTT HANDS IN THE NICKEL JAR AND GOT BUSTED PAY UP SUCKERS JP.MORGAN YOU OWE BILLIONS AND BILLIONS
@triggercarlson5652
January 30, 2024 at 3:38 pm
J.P.MORGAN is the CRIMINAL BANK THAT WAS GONNA LOSE EVERYTHING IF THE STOCK MARKET WOULD OF NOT CHANGED THE RULES OR SHUT DOWN THE NICKEL TRADES. LOOKS AND HEARS LOOKS LIKE JP.MORGAN IS BACK TO SCAMMING. JP.MORGAN IS THE BIGGEST CRIMINAL BANK. I MEAN TAPPING DOWN THE SILVER PRICES WASN'T GOOD ENOUGH SO JP.MORGAN RUNS OVER TO THE NICKEL STOCKS AND TRYS TO SHORT BUT EVERYTHING IN THE WORLD JUST WENT WRONG FOR THEM
@triggercarlson5652
January 30, 2024 at 3:38 pm
J.P.MORGAN IS THE BIGGEST STOCK MARKET SCAMMER JP.MORGAN IS THE BIGGEST RIP OFF BANK IN THE WORLD. THEY RIGGED THE SILVER MARKET TO CONTROL THE SILVER PRICES. KEEP THEM LOW…SO JP.MORGAN IS IN THE NICKEL MARKET NOW SHORTING BUT THEY GOT HIT WITH A MARGIN CALL AND OWES BILLIONS AND BILLIONS OF DOLLARS. HERE AGAIN YOU GOT JP.MORGAN SETTING UP AND TRYING TO GET OVER AND STEAL ALL THE TIME…I
@ghelgi
January 30, 2024 at 3:38 pm
LME is showing how corrupt metals trading is. We need a better method to trade and set prices. Big players can manipulate the market too easily with the help of the exchanges.
@frederickmiles8815
January 30, 2024 at 3:38 pm
Did Bloomberg not see their own coverage today – price magically dropped after opening again days later; LMAO – this is why no one respects legacy media.
@bh5037
January 30, 2024 at 3:38 pm
IS any journalist interested to talk abt the people who lost money because they could not sell their LONG positins ???
@morenahlatshwaya8067
January 30, 2024 at 3:38 pm
Success is dependent on the actions or steps you take to achieve it. Show me a man who doesn't have an investment, and i will tell you how soon he will go broke. Investment is building a safe heaven for the future. With the right choice of Investment that has at least 1% minimum risk and with an expert guidance, profit and Intrest is 100% guaranteed.I pray that anyone who reads this will be successful in life
@cranegantry868
January 30, 2024 at 3:38 pm
I have one billion dollars, but I want MORE and MORE and MORE!!
@rich5310
January 30, 2024 at 3:38 pm
BURY HIM
@chrisg5229
January 30, 2024 at 3:38 pm
I guess the Big Shot is in Big Trouble now.
@stevej4629
January 30, 2024 at 3:38 pm
the cream of some young guy is the big short in silver
@idiocracyisreality
January 30, 2024 at 3:38 pm
Capitalism Born 3600 bc Died March 7 2022 AD RIP
@vipintripathi561
January 30, 2024 at 3:38 pm
China is barbaric and imperialist country. World community should unite against Chinese aggression. CCP is gang of criminals
@zhangjacky1100
January 30, 2024 at 3:38 pm
Latest update is that Tsingshan managed to have delivered the qualified Nickels which is the player sitting as long position, have to accept the physical delivery – imagine how much loss it will be incurred to the other counter-party.
@packman579
January 30, 2024 at 3:38 pm
Will China 🇨🇳 go after Taiwan?
@sg305
January 30, 2024 at 3:38 pm
free markets or controlled markets……looks like control and no real price discovery
@sodbuster7776
January 30, 2024 at 3:38 pm
He won't pay up.
@john_wick1
January 30, 2024 at 3:38 pm
LMAO… HNA… Evergrande.. and now Tsingshan… all claimed they were financially sound before blowing up…
@jianyang6281
January 30, 2024 at 3:38 pm
very funny post date, 2022.3.10. whoever is buying that 200K MT nickel with price rate 100K/MT must buy now. Want to see who is behind all these and what will happen tomorrow.
@JC-kl1sw
January 30, 2024 at 3:38 pm
They have now committed to deliver the nickel they shorted. Whoever made the long position now have to buy the nickel at the inflated prices. Who is laughing/crying now.
@JeremyAlpha
January 30, 2024 at 3:38 pm
To the point and informative, good content thank you.
@lipinglin1994
January 30, 2024 at 3:38 pm
Is he behind the story or what? The long buyers are getting fucked at the moment.
@kyodonewsagency1182
January 30, 2024 at 3:38 pm
No worries. Commie crony lost billions in shorting nickel is no biggie. Commie crony steal from little people, not his own money.
@method341
January 30, 2024 at 3:38 pm
Sounds like the Hunt brothers short squeeze in the 70s. The bigger they are, the harder they fall!
@boson2916
January 30, 2024 at 3:38 pm
Interesting story 👍
@upupandaway5646
January 30, 2024 at 3:38 pm
Good 👍 no tears from me
@hupeter2560
January 30, 2024 at 3:38 pm
Tsingshan group knows he was targeting for long time . I think they make this trap for Glencore
@franciscocz8384
January 30, 2024 at 3:38 pm
He didn't lose, I'm more than sure that americans are "targeting" chinese traders.
The chinese have realized about this and they are opening trades on the opposite direction of what they think the market is going to do.
Meanwhile they accumulated greater positions on the direction they think the price is gonna move on third parties overseas account.
Who is going to short the nickel, wheat, oil, paladium… after the invasion of Ukraine? It's totally unrealistic.
Even if he shorted it before the invasion, he is experienced enough to close that short after the invasion.
@franciscocz8384
January 30, 2024 at 3:38 pm
Nickel is falling a lot in the last couple of days… how is he losing?
@xDooksx
January 30, 2024 at 3:38 pm
Good.
@ST-fk3jz
January 30, 2024 at 3:38 pm
gamblers
@sampad2973
January 30, 2024 at 3:38 pm
Fu** the short squeeeeezersss 😅😅
@yomismo6969
January 30, 2024 at 3:38 pm
Evergrande 2.0
@hangender
January 30, 2024 at 3:38 pm
Bill hwang strikes again
@valdomero738
January 30, 2024 at 3:38 pm
Chinese sharks getting shafted by western demand and sanctions was not on my my 2022 bingo card.
@markfryer9880
January 30, 2024 at 3:38 pm
The higher that you gear the trade, the bigger the win or the loss. In this case we are talking about a Big loss and some people are going to lose their shirts over this!
@bubblebobburst3502
January 30, 2024 at 3:38 pm
China collapsing yet?
@user-ow8rw6hl3k
January 30, 2024 at 3:38 pm
Hmm