Chinese tycoon that lost billions on nickel short-squeeze presses bet - Markets Insider

If Guangda keeps his short bet, it could lead to continued high volatility in the commodity, which initially spiked amid Russia's invasion of Ukraine.

A Chinese tycoon that faces billions of dollars in losses after betting against the price of nickel is not yet ready to throw in the towel, according to a Bloomberg report. Xiang Guangda, owner of m… [+1565 chars]

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