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News1806-02-2026, 20:38

Chinese Billionaire Bian Ximing Eyes Silver After ₹21,000 Crore Gold Profit

  • Chinese billionaire Bian Ximing earned ₹21,000 crore from gold investments by predicting price surges.
  • He took a bullish position on gold contracts on the Shanghai Futures Exchange (SHFE) from early 2022.
  • After massive gold profits, Bian is now placing a heavy bearish bet on silver, anticipating a quick price fall.
  • He holds the largest net short position on silver on SHFE, with approximately 30,000 contracts (450 tons).
  • Bian operates his business from Gibraltar through his brokerage firm, Zhongkai Futures Co., and remains out of the public eye.

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