Back

Chinese banks loaned $2.8 billion against 83 tonnes of gilded copper

Verifying
  • Chinese financial institutions lent against gold collateral later found to be gilded copper.
  • 83 tonnes of purported gold supported approximately $2.8 billion in loans.
  • Kingold Jewelry, a Nasdaq-listed Wuhan company, was linked to the collateral.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Chinese banks loaned $2.8 billion against 83 tonnes of gilded copper - CoinPost Terminal