From Wikipedia, the free encyclopedia
Chinese metals company
The Tsingshan Holdings Group (
Chinese : 青山控股 ,
ching-shan ) is a Chinese
private company active in the
stainless steel and
nickel industry.
Xiang Guangda in 2017
Tsingshan Holdings was founded in 1988 by
Xiang Guangda in
Wenzhou .
[2] It moved into the Indonesian nickel industry in 2009.
[3]
Among its assets are:
Tsingshan was ranked 279th in the
Fortune Global 500 for 2021.
[7] It has been described as the world's largest nickel producer.
[8]
In early 2022, Tsingshan experienced financial difficulty after
shorting the price of
nickel , only to see it rise.
[9]
[10]
[11] The firm took losses of about USD 1 billion, and later disbanded its internal
futures trading team.
[12]
References
^
"Xiang Guangda" . Forbes .
Archived from the original on 2023-04-18. Retrieved 2022-07-27 .
^
"Meet the nickel king of China, who froze a 145-year-old metals exchange" . Fortune .
Archived from the original on 2022-07-27. Retrieved 2022-07-27 .
^ Menon, Praveen; Zhang, Min; Nangoy, Fransiska (March 14, 2022).
"Chinese tycoon's 'big short' on nickel trips up Tsingshan's miracle growth" . Reuters .
Archived from the original on 2022-07-27. Retrieved 2022-07-27 – via www.reuters.com.
^
21世纪海上丝绸之路与全球海洋支点对接研究:中国福建、印度尼西亚调研报告 Study on "21st Century Maritime Silk Road" Docking with "Global Maritime Fulcrum":Research Report about Fujian Province of China and Indonesia . Beijing Book Co. Inc. May 1, 2017.
ISBN
9787520303897 .
Archived from the original on April 18, 2023. Retrieved August 6, 2022 – via Google Books.
^
"Nirwana posted videos of working in an Indonesian nickel mine nearly every day. They went viral after she died" . ABC News . 2023-02-18.
Archived from the original on 2023-03-03. Retrieved 2023-03-05 .
^ Li, Xinchuang (July 3, 2020).
The Road Map of China's Steel Industry: Reduction, Innovation and Transformation . Springer Nature.
ISBN
9789811520747 .
Archived from the original on April 18, 2023. Retrieved August 6, 2022 – via Google Books.
^
"Tsingshan Industrial has entered the world's top 500 for three consecutive years, rising to the 279th" . Tsingshan Holding Group . 2 August 2021.
Archived from the original on 27 July 2022. Retrieved 27 July 2022 .
^
"Chinese nickel giant Tsingshan said to have sufficient inventory for delivery" . South China Morning Post . March 10, 2022.
Archived from the original on July 27, 2022. Retrieved July 27, 2022 .
^ FUND, INTERNATIONAL MONETARY; Department, International Monetary Fund Monetary and Capital Markets (April 19, 2022).
Global Financial Stability Report, April 2022: Shockwaves from the War in Ukraine Test the Financial System's Resilience . International Monetary Fund.
ISBN
9798400205293 .
Archived from the original on April 18, 2023. Retrieved August 6, 2022 – via Google Books.
^
"Beijing weighs nickel rescue deal for billionaire owner of Tsingshan" . Financial Times . March 11, 2022.
Archived from the original on July 27, 2022. Retrieved July 27, 2022 .
^ Desai, Pratima (March 8, 2022).
"China's Tsingshan fires nickel rally as it cuts costly exposure-sources" . Reuters .
Archived from the original on 2022-07-27. Retrieved 2022-07-27 – via www.reuters.com.
^
"Nickel 'alchemist' Xiang Guangda aims to work his magic on batteries" .
Financial Times . 14 March 2023.
Archived from the original on 15 March 2023. Retrieved 15 March 2023 .
External links