Liu's growing experience

Liu was born in an ordinary peasant family in Liuji Township, huangpi district, Wuhan City, Hubei Province. He lost his father at the age of six, and his mother raised two sons independently. His family is poor. Liu is clever and diligent. 17 years old, admitted to Wuhan university with excellent results, majoring in world economy. During his college years, he got excellent grades in all subjects. When the State Reserve Bureau 1990 went to Wuhan University for recruitment, he became the only person who was hired.

The "star" of the futures market

1In July, 1997, the State Reserve Board agreed to Liu's national reserve adjustment center to carry out hedging business in the futures market, and Liu was authorized to be the trading issuer of the trading account opened by the national reserve adjustment center on the London Metal Exchange (LME). Liu zai 1999 began to actively do more. During the copper price 1000 to $3,000, he did very well and made a lot of money.

Liu is better at the reverse arbitrage of Shanghai Stock Exchange and Shanghai Stock Exchange. Although Shanghai Copper Futures has always followed LME and is called "shadow market", there is a price difference of several thousand yuan or even ten thousand yuan per ton between the two markets, so this arbitrage behavior is more common. Due to the strong spot background of the State Reserve Bureau, Liu's every move has increased the number of followers. Therefore, some people say that "the National Reserve Regulation Center has made a profit of more than 700 million yuan in the domestic market".