News China26 Jun 2020

PICC denies liability to compensate for deficient gold inventory

26 Jun 2020

PICC P&C has refuted talk that it is liable to compensate Nasdaq listed Kingold Jewelery (KGJI) for the deficient weight or quality of physical gold that had been pledged as collateral for loans granted by lenders and for which the insurer had provided a guarantee.

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