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Chinese who lost money in bank fraud detained for months after protest

When Ou Yangyun travelled to the Chinese city of Zhengzhou in February to demand recompense after his bank account containing tens of thousands of dollars was frozen, his family expected him to be... -June 04, 2024 at 10:00 pm EDT - MarketScreener
United States Shi Jianjian Peter Dahlin Andrew Collier David Crawshaw Central Commission For Discipline Inspection In Henan

Chinese who lost money in bank fraud detained for months after protest

When Ou Yangyun travelled to the Chinese city of Zhengzhou in February to demand recompense after his bank account containing tens of thousands of dollars was frozen, his family expected him to be home two days later to celebrate the Lunar New Year with his five-year-old twins. Ou, 39, and more than a dozen other victims of one of China's biggest banking scandals had gathered outside a train station in Henan's provincial capital. "Henan banks, return our savings!" they shou...
United States Shi Jianjian David Crawshaw Peter Dahlin Andrew Collier Central Commission For Discipline Inspection In Henan
Source: yahoo.com

Renault-backed Chinese EV start-up BeyonCa signs preliminary Saudi investment deal with an eye on Middle East market

Chinese electric vehicle start-up BeyonCa has set its sights on the Middle East with the signing of a preliminary investment deal with Riyadh-based Al Faisaliah Group that is expected to help raise fresh funds and fuel growth.
United Arab Emirates Saudi Arabia Saudi Arabian David Zhang China Evergrande New Energy Vehicle Group China Evergrande Group
Source: scmp.com

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Weiming Environmental Protection: Indonesia's high-nickel matte nickel-containing metal project has entered the equipment installation stage_SMM

Weiming Environmental Protection said that the company's first high-nickel matte nickel-containing metal project in Indonesia, which started construction on September 28, 2022, has completed the main factory building. It has entered the equipment installation stage in the third quarter, and strives to produce products as soon as possible.
Weiming Singapore Company Gelinte Jingmen Engineering Partnership Limited Weiming Environmental Protection Joint Venture Agreement Regarding Indonesian Laterite Nickel Ore Smelting Nickel Raw Materials
Source: metal.com

Chinese battery recycler GEM to build a nickel project in Indonesia

GEM Co Ltd, one of Chinas largest battery and material recyclers, announced on Thursday a $500 million joint investment to build a nickel project in Indonesia.According to the companys announcement, the project, sited in Indonesia Morowali Industrial Park, will produce 20,000 tonnes per year of nickel intermediate product used in the new energy sector.GEM (Wuxi) Energy Materials, a fully owned subsidiary of GEM, will control a 51% stake in the project. Meanwhile, Singapores CAHAYA JAYA INVESTMEN...
Sulawesi Tengah Swiss Stock Exchange Weiming Hong Kong International Holdings Gem Co Ltd Wuxi Energy Materials Indonesia Morowali Industrial Park

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