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MTL - Investment Life - Chapter 96
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... om the entry of the Quantum Fund and the Tiger Fund in early 1995 to the Sumitomo Group in 1996. Until the loss of $ 4 billion, it has experienced several ups and downs. First, in mid-1995, Binzhong Tainan resisted the pressure of several hedge funds by himself, pulling the copper price back from a high of more than 2,700 US dollars to a high of 3,000 US dollars, and then in an investigation by the UK and US securities and futures regulators. It fell to more than 2,400 U.S. dollars, and was pull ...
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