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commodity trading

Illustration of BYD's banning from using its D-chains

A Chinese EV giant’s financing reckoning, and a stockbroker’s commodities pivot

China's central bank is shutting down an IOU system used by BYD to pay its suppliers. Why is it taking this step? And revenue for a stock broker called GoFintech has soared more than 40-fold after it entered the commodities trading business. How should investors look at such a move?
December 11, 2025
1211.HK

Recent Articles

Illustration of BYD's banning from using its D-chains
December 11, 2025

A Chinese EV giant’s financing reckoning, and a stockbroker’s commodities pivot

1211.HK

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