Angry Chinese investors who lost money in a metals trading exchange financing scheme gone awry have appealed to Beijing to investigate the matter.
Armed with Chinese flags and photos of premier Li Keqiang, protesters rallied on Monday in front of the China Securities Regulatory Commission in Beijing. The protesters had earlier registered a petition with 1,000 names to the petitions office, the threshold for bringing a case to the attention of the state council, China’s cabinet
Fanya Metals Exchange, which stockpiled minor metals including indium and bismuth, stopped payouts on high interest rate investment products after it suffered liquidity problems this spring.
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