"The article on making a fortune by shorting silver has attracted attention, and a response has been received!"
Recently, the silver market experienced a round of violent fluctuations. On February 5, there was a "short essay" circulating in the market, roughly meaning "Zhongcai Futures engaged in massive short selling before the price plunged, with a floating profit of over 3.6 billion yuan," which caught everyone's attention. So, is this statement true? The journalist consulted the relevant position data of the exchange and contacted Zhongcai Futures about it.
It is worth mentioning that the above-mentioned positions held by Zhongcai Futures are all on behalf of clients, that is, the overall positions of Zhongcai Futures brokerage clients. Therefore, the claim in the aforementioned "short essay" about "Zhongcai Futures profiting from short selling" is not accurate. Some industry professionals have pointed out that the position data published by the exchange for futures companies represent a summary of all clients' positions held by the company, and looking at the position changes of a particular futures company does not have decisive reference significance.
Records show that Zhongcai Futures' sole shareholder is Shanghai Zhongcai Industrial Development Co., Ltd., and the major shareholder of Shanghai Zhongcai Industrial Development Co., Ltd. is Zhongcai Merchants Investment Group Co., Ltd., with the actual controller being Bian Ximing. Zhongcai Merchants Investment Group Co., Ltd. has long been based on the PVC and other plastic pipe industry as its industrial base, gradually expanding into the financial and investment fields. In recent years, Bian Ximing and his team's layout in the precious metals and non-ferrous metal sectors have continued to attract market attention. Particularly in the context of a significant rise in gold prices in 2025, strong performance in the non-ferrous sector, and the rapid increase in silver prices in January this year, the market is particularly attentive to their related movements.
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