# Shenzhen

Latest news and articles about Shenzhen

Total: 18 articles found

Captivating view of a snow-capped mountain peak glowing under the sunset light, creating a serene winter landscape.
Business

Shuibei Shock: How a Livestream Gold Platform’s High‑Leverage Bets Triggered a Tens‑of‑Billions Crisis

A livestream‑built Shenzhen gold retailer, Jieweirui, suspended withdrawals after leveraged, option‑style products it sold to retail customers blew up amid sharp rises in precious‑metal prices. The firm's unlicensed, high‑leverage mini‑program ecosystem created large asymmetric exposures and possible illegal fundraising, affecting investors across many provinces and threatening Shuibei’s reputation as a jewellery hub.

NeMo2026年1月30日 17:30
#Shenzhen#Shuibei#Jieweirui
Captivating view of Shenzhen skyline and Ferris wheel reflected in the water during twilight.
Business

Shenzhen ‘Private Gold’ Scheme Freezes Withdrawals as Investors Face Billion‑Yuan Losses

A Shenzhen‑based private gold platform, Jieworui, has frozen withdrawals and offered investors steep haircuts, leaving potential claims exceeding 100 billion yuan and tens of thousands affected. The product was a high‑leverage, social‑media‑distributed ‘lock‑price’ scheme that failed when rising gold prices overwhelmed the operator’s liquidity, prompting regulatory scrutiny and potential criminal probes.

SoBiz2026年1月30日 05:09
#China#gold#Shenzhen
Array of fine gold bars displayed on rich red fabric, symbolizing wealth and luxury.
Business

Forty‑Times Leverage Unravels: Shenzhen Gold Dealer’s Online Pre‑sale Platform Freezes Payouts, Investors Face Massive Losses

A Shenzhen jewellery firm that expanded into online, high‑leverage “pre‑sale” gold and silver products has frozen withdrawals and capped daily payouts after a run on its mini‑program platforms. Investors nationwide report unresolved balances in the hundreds of millions to billions of yuan; regulators in Shenzhen have opened an inquiry and the company has proposed steeply discounted settlements. The episode exposes risks from lightly supervised retail leverage, social‑media distribution and opaque hedging practices in China’s precious‑metals market.

SoBiz2026年1月28日 08:00
#Shenzhen#gold#precious metals
Expansive aerial view of Wuhan city skyline with modern skyscrapers and river in sight.
Business

Shenzhen’s Nanshan Reaches 1 Trillion Yuan — China’s First District to Hit City‑Scale GDP

Shenzhen’s Nanshan district surpassed 1 trillion yuan in GDP in 2025, the first sub‑city district in China to do so. The milestone reflects heavy concentration in software, internet and advanced manufacturing clusters, but also highlights risks from industry concentration, limited land, and external tech‑trade pressures.

SoBiz2026年1月27日 11:50
#Shenzhen#Nanshan#GDP
Explore the bustling waterfront of Shanghai with boats and towering modern skyscrapers.
Business

China’s Trade Map Is Rewiring: Shenzhen and Shanghai Hold Fast as Inland and Small Cities Surge

China’s 2025 city-level trade data reveal a reconfiguration of the country’s external commerce: Shenzhen and Shanghai remain the top two, but inland provincial capitals and several smaller cities have surged. The shift is driven by higher-value manufactured exports, logistics innovations such as China–Europe freight trains, and the growth of platform-style trade centres like Yiwu.

SoBiz2026年1月22日 02:00
#China trade#Shenzhen#Shanghai
Close-up image of high-quality gold bars, symbolizing wealth and investment potential.
Business

Copper Bars Go Viral in China — A Genuine Bet on Electrification or a Retail Fad?

Small one-kilogram copper bars have become a social-media-driven retail fad in China's Shenzhen jewellery market, marketed as a low-cost way to invest in copper. While copper's industrial demand is structurally strong and prices have recently hit records, the bars trade at large premiums and lack established buyback channels, creating liquidity and valuation risks for retail buyers.

SoBiz2026年1月21日 12:50
#copper#Shenzhen#commodity investing