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    China’s ‘gold fever’ sparks US$1 billion scandal as trading platform collapses

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    Source: South China Morning Post
    Published: 2026-01-29 15:40 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Business, Asia, Economy & Finance, China, Commodities, Business & Economy, Asia Pacific
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    Snippet:
    Chinese platform JWR faced a liquidity crisis as investors rushed to cash in on surging gold prices, leaving customers billions of yuan out of pocket
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