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Stock Market & Financial Investment News

News Breaks
January 16, 2013
08:34 EDTKGJIKingold Jewelry signs $40.2M gold leasing agremeent with China Construction Bank
Kingold Jewelry announced that the company has signed a Gold Leasing Agreement with China Construction Bank's Wuhan Jiang'An branch. Because the market price of gold may fluctuate during the term of the Agreement, Kingold and CCB have agreed to a cap of 95% on the credit line based on the actual value of gold loans outstanding at any time under the credit facility. Kingold anticipates utilizing this access to additional gold reserves to accelerate the turnover of capital and inventory, to further develop its 24K gold jewelry and investment gold business by expanding market share, as well as further improving its leading position in the 24k gold processing industry.
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October 10, 2014
08:02 EDTKGJIKingold Jewelry announces shipment of jewelry product samples to Middle East
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