Shuibei has silver merchants experiencing a blowout, with multiple merchants losing tens of thousands to hundreds of thousands of yuan, and the police have intervened

Wallstreetcn
2026.01.15 16:55
portai
I'm PortAI, I can summarize articles.

A silver merchant explosion event occurred in the Shenzhen Shuibei market, involving losses of tens of thousands to hundreds of thousands of yuan for merchants. Multiple consumers reported that precious metals purchased from a silver shop named "Hechengxing" could not be redeemed, and the owner has gone missing. Partners indicated that there was a tight supply of silver materials and did not expect the owner to disappear after receiving the money. Rumors suggest that the silver shop has about 200 million yuan in unredeemed silver materials, and the police have intervened in the investigation. Some merchants claim that the owner did not run away but is indeed unable to deliver the payment and goods

Silver prices have skyrocketed, and reports have emerged from the Shenzhen Shuibei market about a "major incident involving silver merchants." According to Huashang Daily's Dafeng News, recently, several netizens in Shenzhen, Guangdong, posted on social media claiming that a silver shop in Shuibei suddenly closed down, and many people who purchased precious metal materials there were unable to redeem them, with the owner also unreachable. Mr. Jin, a partner of the silver shop, stated that the supply of silver materials has been tight recently, but he did not expect the shop owner to "run away" after collecting money. When he tried to call, he found the number had been deactivated. On the afternoon of the 14th, many people went to the silver shop to demand an explanation. "I heard that the silver shop has about 200 million yuan worth of materials that have not been redeemed, and the police have already intervened; the shop owner is at the police station." According to Blue Whale News, the shop in question is named "Hechengxing." Several involved merchants revealed to reporters that the rumors of the owner "running away" are untrue; Boss Zhou has not fled but indeed cannot provide money or goods. (Everyday Economic News)

Risk Warning and Disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk.