China first rare and precious metal exchange opens in Chenzhou
2011-09-02 11:46:42 [Print]
A few days ago, China’s first financing rare metal exchange-Hunan South Rare Precious Metal Exchange started operation in Yongxing, Chenzhou.
As a joint stock institution, the exchange has a registered capital of RMB50 million, an investment of RMB260 million and over 200 member companies engaged in non-ferrous metal business. The primary dealing metals are silver, indium, bismuth and tellurium with an estimated trading volume of over RMB200 billion.
According to the plan, the exchange will establish hundreds of delivery bases in main non-ferrous metal production locations and has already built three bases in Chenzhou of Hunan, Hechi of Guangxi and Ganzhou of Jiangxi.
As a joint stock institution, the exchange has a registered capital of RMB50 million, an investment of RMB260 million and over 200 member companies engaged in non-ferrous metal business. The primary dealing metals are silver, indium, bismuth and tellurium with an estimated trading volume of over RMB200 billion.
According to the plan, the exchange will establish hundreds of delivery bases in main non-ferrous metal production locations and has already built three bases in Chenzhou of Hunan, Hechi of Guangxi and Ganzhou of Jiangxi.
