Big Shot, Big Short
Margin calls worth "Millions of Dollars" on Tsingshan's short positions were finally paid by a unit of #China Construction Bank Corp. CCB, which is one of Tsingshan's brokers.
Prices surged to $100'000/Ton before LME halted trading.
See the whole story in Bloomberg here: LME Halts Nickel Trading After Unprecedented 250% Spike
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