Private Gold Trade: Sudden demise of major platform in Shenzhen highlights shadow markets risks
03:04 Min
The collapse of a gold trading platform triggered rare protests in China’s tech hub Shenzhen last month. The downfall of Jie Wo Rui highlights growing risks in shadow markets that have gained traction in China amid volatile global precious-metal prices. Here’s a look at what unfolded and what’s at stake.
04 Feb 2026 11:14pm
The collapse of a gold trading platform triggered rare protests in China’s tech hub Shenzhen last month. The downfall of Jie Wo Rui highlights growing risks in shadow markets that have gained traction in China amid volatile global precious-metal prices. Here’s a look at what unfolded and what’s at stake.
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