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Showing posts with label CCB. Show all posts
Showing posts with label CCB. Show all posts

March 11, 2022

Chinese Nickel Giant Tsingshan Faces $8 Billion Trading Loss as Ukraine War Upends Market

Tsingsham paper loss stood at $8 billion on Monday before the LME suspended trading in Nickel.

Tsingshan's founder, Xiang Guangda, told Chinese media outlet that "relevant government departments and leaders are all very supportive of Tsingshan. Tsingshan is a solid Chinese enterprise and our positions and operations do not have problems."

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