🚨 ICBC & China Gold Alert: FOMO and Platform Collapse 📉⚠️
ICBC Warning: China’s ICBC and other major banks have issued urgent volatility alerts, raising the minimum gold investment to 1,500 yuan to curb impulsive trading as global gold prices swing.
JieWoRui Collapse: The "JieWoRui" gold platform reportedly collapsed, leaving $1.4B (10B Yuan) in unpaid funds and over 20,000 investors stranded, prompting a major task force probe in Shenzhen.
Market Reaction: Despite long-term bullish sentiment, the shortage of physical gold at banks and the $19B shadow-banking scandal have triggered short-term liquidity panic across mainland China.
For educational and informational purposes only.
#ChinaGold #ICBCAlert #JieWoRuiCollapse #MarketVolatility #CryptoEducation