# Jieworui
Latest news and articles about Jieworui
Total: 2 articles found

Loan-Fuelled Bets and Shadow Platforms: How Retail Leverage Turned China’s Gold Rally into a Crisis
Retail investors in China have suffered heavy losses after borrowing to buy gold and using unregulated platform contracts that mimicked futures. A combination of extreme price volatility and non-physical, high‑leverage products—exemplified by the Jieworui withdrawal freeze—has prompted bank warnings and regulatory action to curb disguised margin trading.

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.